Some of the 3700 BTO that were originally scheduled for May in Choa Chu Kang, Tengah, Pasir Ris and Tampines will be combined with August’s launch. The deferment was a result of the closure of non-essential workplaces such as construction sites. November’s launch will see another 5700 flats in the areas of Bishan, Sembawang, Tampines, Tengah and Toa Payoh being offered.
In Addition, the Choa Chu Kang and Tampines North and Tengah launches will have shorter waiting times. From our point of view, the Geylang, Pasir Ris and Woodlands BTO are ideal as they are very near to an MRT station. A pilot assisted-living project in Bukit Batok, comprising 160 units, which was scheduled to launch in May, is deferred until further notice. HDB will assess when it is safe to reach out to seniors to share the new flat offerings with them. As the “circuit breaker” officially lifts on June 2, HDB has announced that critical services will be resumed by appointment only. These include booking of flats; key collection for new flats and rental flats; signing of agreements for lease, transfer of flat ownership, completion of resale flat transactions; and financial counselling.
As what we can see from the launches for August, there will be 6 launches in mature estates as well as 3 launches in non-mature estates. As for the November launch. there will be 4 developments that are in the Mature estates as well as 2 in the non-mature estates. Most of the units that will be released in August will be 2R Flexi 3R. 4R and 5R. As for the November Launch, most of the units are also 2R flexi, 3R, 4R as well as 5R. The anticipated launch for both the August as well as the November launch will be the Ang Mo Kio BTO at street 21, Bishan BTO at Braddell road as well as Bishan street 13/14 , Geylang BTO at Dakota link and the unit at Toa Payoh at Mount Vernon Road as well as Upper Aljunied Road.
These BTOs will most likely be favoured due to thier localities as well as them being in matured estates. We have recently done a #ASKJNA series on the BTOs to look out for as well as the factors to consider when looking for the perfect BTO. Recently I have also completed a webinar with more than 400 individuals on BTO selection process as well as the tips and tricks to identify a BTO that has high potential for capital appreciation! If you do have any relatives or children who are looking for a BTO let me know and I will be able to guide them in selecting the perfect one to kick start their real estate wealth accumulation programme!
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