The six new BTO projects announced yesterday are spread out over four estates, namely Punggol, Pasir Ris, Tampines and Woodlands.
Offering almost 4,000 units in all, these projects – Costa Ris and Golden Lily in Pasir Ris, Punggol Parcvista, Tampines GreenLeaf, Tampines GreenWood and Woodlands Peak – comprise flats in various locations and sizes to meet the different needs of home-seekers.
Two of the projects will be in Pasir Ris: Costa Ris has 1,386 units comprise two-, three-, four- and five-room flats, while Golden Lily is a 12-storey block with 185 studio apartments.
For Costa Ris, prices range from S$120,000 to S$436,000. Prices for Golden Lily will be between S$76,000 and S$102,000.
Similarly, Tampines Greenleaf will have 960 flats comprising units of various specifications, while Tampines GreenWood’s 522 units comprises 144 studio apartments, 158 three-room flats and 220 four-room flats. Prices for both these projects range from S$81,000 to S$444,000.
Punggol Parcvista will have 682 flats, comprising three-, four- and five-room units. The units cost between S$166,000 and S$410,000 each.
Woodlands Peak will be a 33-storey block with 127 studio apartments and 95 three-room flats. Prices range from S$76,000 to S$221,000.
Said PropNex corporate communications manager Adam Tan: “The Government has certainly responded to the public’s demand for affordable housing, especially for first-time buyers.”
He noted that while cash-over-valuation (COV) prices are bottoming out at around S$21,000, “many first-time buyers will still be priced out of the resale market”.
Source : Today – 28 May 2011