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4,993 BTO flats, including two Bukit Merah projects under PLH model, launched

  • Writer: Shirley and Pamela
    Shirley and Pamela
  • Oct 7, 2022
  • 1 min read

Placing an emphasis on the accessibility of varied HDB flats, the third Build-to-Order (BTO) exercise of the year saw the launch of 4993 flats across seven projects in six estates, including two projects in Bukit Merah part of the prime location public housing (PLH) model.


The conditions pertaining to the sale and lease of the projects in Bukit Merah— Alexandra Vale and Havelock Hillside— are, as with projects under the PLH model, comparatively stringent for public housing.


While a greater subsidy would be provided to ensure the affordability of the PLH flats, homeowners will also have to return a sum commensurate with the subsidy— in the case of Alexandra Vale and Havelock Hillside, 6% of the resale price or valuation— should they choose to, after the end of the 10-year minimum occupation period, sell the unit.


One of Alexandra Vale’s two residential blocks includes two-rom rental flats, allowing a more inclusive residential space.


Also launched in the August 2022 BTO exercise are two-room flexi flats across mature and non-mature towns including Ang Mo Kio, Choa Chu Kang, Jurong, and Woodlands. This round of BTO sales also allows for an increased proportion of flats allocated to first-timer applicants— both families and singles.


With the wide range of public housing options, you’d be able to find one that suits your needs! At Wonder Homes, we hope to help people find the wonder of their very own space. Contact us and take the first step towards your home goals today.

 
 
 

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ABOUT US

Wonder Homes was started with an earnest ambition of helping homeowners through the processes of buying and selling of properties. Having been there and done that, Shirley and Pamela understand the frustration one is likely to feel when going through the transactions.

The real estate consultancy duo constantly update themselves with the latest market trends, breaking down the facts and figures for their clients to aid in their decision making. Many that have engaged Shirley and Pamela would say they are sincere and only offers the best advice.

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