HDB launches 3,095 flats in February 2020 BTO exercise

By Timothy Tay/ EdgeProp Singapore|February 11, 2020 3:47 PM SGT

SINGAPORE (EDGEPROP) – HDB has launched 3,095 flats for sale under its February 2020 Build-To-Order (BTO) exercise. Two new projects are in Toa Payoh, while one is in Sembawang.Located at the junction of Lorong 1 Toa Payoh and Toa Payoh Rise, the 920-unit Toa Payoh Ridge comprises four blocks of 25 to 40 storeys. There will be 653 four-room units, 102 three-room units, and 165 two-room flexi units.

Toa Payoh Ridge will be located at the junction of Lorong 1 Toa Payoh and Toa Payoh Rise. The development comprises 4 residential blocks with staggered heights of 25 to 40 storeys. (Picture: HDB)

Also in Toa Payoh is the 708-unit Kim Keat Ripples, bounded by Toa Payoh East and Kim Keat Avenue. The development comprises three residential blocks of 16 to 31 storeys. Units include 558 four-room units and 150 two-room flexi units.

For the Toa Payoh developments, and excluding grants, the price of a two-room flexi unit will start from $90,000, a three-room flat will be priced from $351,000, and a four-room from $395,000.HDB says: “In view of the eldercare services and facilities in the vicinity, the two-room flexi flats at Kim Keat Ripples and Toa Payoh Ridge are offered only to seniors aged 55 and above, on short leases of between 15 and 45 years, in five-year increments.”

Bounded by Toa Payoh East and Kim Keat Avenue, Kim Keat Ripples comprises three residential blocks, with heights ranging from 16 to 31 storeys. (Picture: HDB)

This month’s BTO exercise also includes the 1,467-unit Canberra Vista in Sembawang. Located along Canberra Drive, the project will feature 15 ten-storey blocks. Units include 692 two-room flexi units, 124 three-room units, 385 four-room units, 221 five-room units, and 45 3Gen units. Excluding grants, the prices of two-room flexi units at Canberra Vista will start from $89,000, while a 3Gen unit will be priced from $355,000. The three- to five-room units will be priced from $177,000, $272,000, and $350,000 respectively.

Canberra Vista is conveniently located next to Canberra MRT station and across the road from Canberra Plaza, the upcoming neighbourhood centre. (Picture: HDB)

Online application can be made from today, Feb 11, until Feb 17. HDB is not including a Re-Offer of Balance Flats exercise this month as it is still reviewing the sale process. In May, HDB will offer another 3,700 new flats in Choa Chu Kang, Pasir Ris, Tampines, and Tengah. August will see 4,100 new flats offered in Ang Mo Kio, Bishan, Geylang, Tampines, and Woodlands.

Original Article: https://www.edgeprop.sg/property-news/hdb-launches-3095-flats-february-2020-bto-exercise

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