LATEST: HDB November 2019 BTO Sales Launch and Sale of Balance Flats is now open for balloting! Applications close on 18 November, 2359hrs. All the best!
A whopping 4,571 flats are available in the upcoming November HDB Build-To-Order (BTO) sales launch – the last sales launch of 2019. Locations on offer include the mature estates of Ang Mo Kio and Tampines, and the new town Tengah.
A Sales of Balance Flats exercise will also be conducted in conjunction with the November HDB BTO sales launch. If you’re considering flats from earlier sales launches, you can check out our analysis of previous 2019 launches in September, May and February.
To help you make an informed decision on whether to apply for a flat at November’s upcoming BTO sales launch, here’s our analysis of all estates on offer. We will update this article once balloting is open, so stay tuned!
Read Also: Sales Of Balance Flats vs Re-Offer Of Balance Flats: What’s The Difference?
#1 Tengah – 3,560 units (2-room Flexi, 3-room, 4-room, 5-room & 3Gen)
Tengah is the first new town in Singapore in 20 years, with the first batch of BTO flats in Tengah being launched in November 2018.
About 3,560 flats will be available for balloting in 3 developments, in all sizes: 2-room Flexi, 3-room, 4-room, 5-room and 3Gen.
Pricing:
Our Analysis:
The 3 new Tengah estates are located near Bukit Batok Road and the to-be-built Plantation Crescent.
As one of the first few batch of flats in Tengah to be launched, would-be residents would need to bear with the inconvenience of not having the full promised suite of amenities and facilities until the town gets built up and realises its vision.
If Tengah town does fulfil its potential as a lush, car-lite town of the future, then early adopters would be the first few homeowners to fulfil the Minimum Occupancy Period (MOP) and be allowed to sell their flats, presumably at a decent profit.
In fact, the 2 of the developments available for balloting will be adjacent to a future upcoming MRT station which is part of the 24-kilometre long Jurong Region Line, which will begin operations in phases starting from 2026. Once this happens, accessibility for residents will be greatly improved. In the meantime, residents would need to rely on the nearest existing NS2 Bukit Batok MRT station, which is around 2.5km away.
As a town that is built from the ground up, would-be residents can also expect modern, well-planned neighbourhoods and amenities, including schools, parks, healthcare facilities, and more.
#2 Tampines – 657 units (2-room Flexi, 3-room, 4-room & 5-room)
657 units are available in this modestly-sized Tampines development in 2-room Flexi, 3-room, 4-room and 5-room configurations.
Pricing:
Our Analysis:
As you can see, this BTO development is less than 500m away from Tampines bus interchange and Tampines MRT station, which is an important transport node on both the East-West line and Downtown line. Those wishing to access the Circle line can do so at MacPherson, which is 6 stops away on the Downtown line.
Tampines town centre is also about 500m away, giving residents access to a full-suite of amenities, including 3 shopping malls and Our Tampines Hub, which houses a hawker centre, the Tampines Regional Library, a swimming pool, and many other sports facilities. Tampines Ikea, Giant, and Courts is also around 3km of this development.
As you can imagine, connectivity is pretty good, with convenient access to the Tampines Expressway (TPE) as well as Bartley Road East (via Tampines Avenue 10).
As a Mature Estate, Tampines is home to tertiary institutions like Temasek Polytechnic, as well as being within 30 minutes on public transport to Singapore University of Technology and Design (SUTD), Institute of Technical Education (ITE) College East, and plenty of secondary and primary schools.
The strong response from past Tampines sales launches, the fact that a wide range of flat sizes are available, and the proximity to the town centre mean that we can probably expect units in this development to be highly-sought after.
#3 Ang Mo Kio – 454 units (2-room Flexi, 3-room & 4-room)
454 units will be available for balloting in 2-room Flexi, 3-room and 4-room configurations in this Mature Estate in the vicinity of Yio Chu Kang.
Pricing:
Our Analysis:
Zoned in Ang Mo Kio, this development is some distance (about 2km) from NS15 Ang Mo Kio MRT station and the town centre. However, it is much closer to NS15 Yio Chu Kang MRT station at 400m, as well as being about 700m from the upcoming TE5 Lentor MRT station on the Thomson-East Coast Line.
Those who don’t mind taking a long walk (25 minutes), typical feeder bus ride (12 minutes), or a short drive (5 minutes) to Ang Mo Kio town centre will get access to a wide array of food options and amenities, including Ang Mo Kio Community Library, AMK Hub, and Ang Mo Kio Polyclinic.
As a Mature Estate, the estate surrounding the BTO development is dotted with parks, childcare centres, centres for seniors, as well as primary and secondary schools. The BTO site is about 1km from Nanyang Polytechnic, and 0.8km from Anderson Serangoon Junior College.
Read Also: HDB Price Guide: 5 Most Expensive HDB Estates In 2019
Plan Your Finances To Help You Select The Home You Can Afford
If you aren’t sure about how to go about applying for your BTO flat, you can refer to our comprehensive Step-By-Step Guide To Buying Your First BTO Flat.
When planning your BTO flat purchase, you should not only consider your dream location, but also the price and affordability over the long-term. Towards this end, you should familiarise yourself with the newly-revised Enhanced CPF Housing Grant for first-time BTO and resale flat buyers.
You should also be aware of the consequences of giving up your queue number if you were to receive one, so take the decision carefully.
UPDATE: HDB November 2019 BTO Sales Launch and Sale of Balance Flats is now open for balloting! Applications close on 18 November, 2359hrs.
Happy choosing and all the best!
Read Also: Complete Guide To The New Enhanced CPF Housing Grant (EHG) For First-Time BTO & Resale Flat Buyers
Listen to our podcast, where we have in-depth discussions on finance topics that matter to you.
