TODAY ONLINE : 2,696 BTO flats up for grabs in Punggol, Sengkang

2,696 BTO flats up for grabs in Punggol, Sengkang

05:55 AM Jul 01, 2010

SINGAPORE - Three Build-To-Order (BTO) projects in Punggol and Sengkang were launched yesterday - the largest number of such projects offered by the HDB in a single launch so far.

Out of the nearly 2,700 flats to be built, about 1,600 will be four-room units, with two, three and five-room flats making up the rest. Ninety-five per cent of the public supply will be set aside for first-timers.

The BTO project in Punggol, Waterway Terraces, will be the first waterfront housing development. It offers 1,072 premium flats and boasts eco-friendly features, such as solar power to supplement lighting needs in common areas.

Prices of the three-room units start from $186,000, while those of four and five-room units start from $300,000 and $374,000.

In Sengkang, the Fernvale Foliage offers 504 standard flats while another BTO project in the area, Rivervale Arc, offers 1,120 standard flats.

They will cost less than flats in Waterway Terraces, with prices ranging from $68,000 to $$279,000.

With yesterday's launch, the HDB said it would have offered a total of 8,828 new BTO flats for sale in the first six months of this year. This is equivalent to the BTO supply for the whole of last year.

The HDB plans to launch at least 12,000 BTO flats by September and more if there is a demand for them.

Next month, flat buyers can look forward to the launch of about 1,000 BTO flats in Bukit Panjang and Jurong West.

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