4,501 BTO Flats Up for Sale; 960 Rochor Units Embrace New PLH Model – Money News

4,501 BTO Flats Up for Sale; 960 Rochor Units Embrace New PLH Model – Money News

Singapore’s New “Prime‑Village” Homes: The River Peaks I & II Launch

On Wednesday November 17, the Housing Development Board (HDB) rolled out 4,501 fresh-build “Build‑To‑Order” (BTO) flats, including a whopping 960 units in Rochor. That’s the first project under the new Prime‑Location Public Housing (PLH) model, and it comes bundled with a 6 % “suck‑back” clause for the first resale.

Where’s the HDB‑floor count?

  • 9 BTO projects total, spread over 6 estates.
  • Median completion wait: 4.4 years.
  • Another 1,798 flats on the market in the Sale of Balance Flats (SBF) round.
  • Total launch count: 6,299 flats.

River Peaks I & II: The “Prime‑Village” Property

The new PLH project sits on two plots along Weld Road and Kelantan Road, with a direct link to Jalan Besar MRT. Six 47‑storey towers provide 960 three‑room and four‑room flats (plus a handful of rental units).

Prices that’ll make your wallet sigh

  • 3‑room: starts at $409,000 (no grant).
  • 4‑room: starts at $582,000.

Those are the priciest units in a mature estate on this launch. They come in a bit higher than the August Queenstown BTO launch (Queen’s Arc). For comparison:

  • 3‑room on Queen’s Arc: $382,000.
  • 4‑room on Queen’s Arc: $540,000.

The 6 % “Suck‑Back” Deal Explained

Under PLH, the first time you sell your home on the market, you’ll need to pay HDB 6 % of the resale price (or valuation if higher). That’s the “clawback” of the extra subsidy HDB gives to keep prices down in prime areas.

Key details:

  • Clawback applies only to the first resale.
  • Subsequent resales are exempt.
  • It’s meant to prevent “windfall” profits when the property goes on the open market.
  • Owners who keep their flats won’t lose any subsidy.

Rule‑book Changes

Got a new HDB flat? Expect a longer sit‑stay:

  • Standard minimum occupation period (MOP) jumps from 5 to 10 years.
  • Combined with the 71‑month waiting time (just under 6 years) for construction.
  • Projected completion: second quarter of 2028.

Why the longer build? The tall towers (47 stories), the MRT proximity, and stricter local authority specs demand extra prep work.

So, what’s this all about?

The PLH model was introduced to keep prime‑location housing affordable while giving residents quality lifestyle perks. The price padding and resale rules are HDB’s way of ensuring the subsidies stay in place—and that the market doesn’t turn these units into instant‑wealth factories.

Bottom line: Storage: 6,299 new flats on the market, 960 futuristic PLH units with a handy plea to think twice before selling. The market’s buzzing—don’t miss out if you’re ready to plant roots in a modern, MRT‑connected village.

Future‑Proofing Your Home: What 2038 Looks like for Resale!

Resale Timing & Who Can Grab a Flat

Got a newly built Rochor flat? You’re probably wondering when you’ll be able to cash out. Good news: you’ll most likely get the chance in 2038.?

And here’s the kicker: the resale pool is pretty exclusive. Only households that earn no more than $14,000 a month qualify, and at least one applicant must be a Singapore citizen. So if you’re dreaming of a luxury condo, you may have to wait your turn in the long‑horned queue.

The PLH Plan: A New Chapter for Prime Housing

The Public Land Housings (PLH) model was born after a year of stakeholder talks—yes, the folks who have lived in Singapore for decades had their say.

PLH is designed to keep premium, city‑center homes accessible and affordable for your fellow Singaporeans. Imagine a city where the downtowns don’t break the bank.

Annual Offerings – Keep an Eye Out

  • Every year, at least one new prime location project will be launched.
  • The mix of flat types will vary from year to year to keep the housing mix lively and diverse.

Senior’s Dream: Scoring a Spot in the “Vertical Kampung”

Older folks, hold onto your seats! The Choa Chu Kang area is building a second “vertical kampung.” There are 68 two‑room flexi flats available.

Think of it as the perfect combo: lower cost, hassle‑free, and located in a non‑mature estate that’s “just getting in the groove.”

One Development, Two Worlds: The Heart of Yew Tee

The Heart of Yew Tee isn’t just a building—it’s a community hub. Inside you’ll find:

  • A hawker centre that serves everything from Hainanese chicken rice to laksa.
  • A polyclinic to keep you in the health lane.
  • A community club for socializing and events.
  • A kidney dialysis centre—because health must be easy to reach.
  • A community plaza that hosts all sorts of gatherings.
  • Sweet retail shops for your everyday needs.

So whether you’re a foodie, a health enthusiast, or a social butterfly, the Heart of Yew Tee has it all going on.

Bottom Line: Expect a Change, Stay Ready

With 2038 arriving on the horizon, the real estate game is shifting. Whether you’re a young professional, a senior homeowner, or just a curious onlooker, keep an eye on the PLH releases and the new local projects. It’s the time to plan, secure, and maybe even swoop in for that sweet two‑room flat!

<img alt="" data-caption="The Heart of Yew Tee is an integrated development. 
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”87b0343c-5ff3-4d51-8e5f-009e0f7cb012″ src=”/sites/default/files/inline-images/hdb2.jpg”/>

Introducing Your New Home, Designed Just For You

Imagine moving into a place that’s tailored for senior living, with every detail thoughtfully arranged to make everyday life smoother and safer.

Smart Features Built Right In

  • Elderly‑friendly fittings: Think automatic door lifts, easy‑to‑use switches, and spacious walkways.
  • Advanced distribution boards: These smart panels keep power smooth and alerts on any hiccup—so you won’t have to guess whether the lights are on!

Affordable Dream Homes

Starting at just $72,000 without any grants, these apartments are an unbeatable deal for seniors.

Exclusive eligibility: Only residents aged 55 and above can apply. It’s a golden opportunity for those looking to settle in a community that respects their pace.

Convenience at Your Doorstep

Located right next to YewTee Point shopping mall, you’ll have a sheltered linkway that connects straight to Yew Tee MRT Station—perfect for quick trips or easy errands.

Ready to embrace a future that’s both comfortable and connected? These homes are waiting for you!
<img alt="" data-caption="n the current November launch, the only other BTO project in a mature estate is Kent Heights in Kallang/Whampoa. 
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”07a0462c-85ef-436b-9861-46432c68ed18″ src=”/sites/default/files/inline-images/hdb3.jpg”/>

Singapore’s New BTO Homes: A Four‑Year Wait, But Worth It!

Who’s on the Queue?

Singapore’s latest BTO launch means buyers are in for a bit of a patience test – the estimated completion date lands in the first quarter of 2026, so you’ll be walking home four years from now. Spoiler alert: the four‑year wait is the new normal, and that’s no small thing for a new family.

Why It Matters

  1. It’s the third integrated development that gives seniors a chance to live independently, following the successful Kampung Admiralty and the Harmony Village @ Bukit Batok care apartments.
  2. Only a handful of BTO projects are in mature estates – Kent Heights in Kallang/Whampoa remains the lone star.

Spot‑On the New Homes

Project A: O Avenue – Flexi & Aparts

Imagine living just steps from the Central Expressway (CTE) on Owen Road, where 430 flats are waiting. The mix? Two‑room flexi and four‑room units.

  • Two‑room flexi starts at CHF 192,000 – a smart price for those who fancy a bit of flexibility.
  • Four‑room kicks off at CHF 511,000 – perfect for a growing family or a larger work‑from‑home space.

But remember: you’ll have to wait until the fourth quarter of 2026 for hand‑over, which tops the four‑year mark.

Project B: Hougang Olive – More Rooms, More Range

Moving to the fast‑growing Hougang area, Hougang Olive brings a larger selection to the mix.

  • 390 total units spanning four‑room and five‑room styles.
  • A Four‑room starts at CHF 308,000 – a great entry point for those who want room to grow.
  • A Five‑room leans into the CHF 416,000 territory – more space for the whole crew.

This site sits right around Hougang Avenue 3, Hougang Street 12, and Hougang Street 13, making it easy to catch a bus or tap into the local MRT.

What’s the Takeaway?

If you’re ready to wait a bit, Singapore’s BTOs offer solid options: seniors can enjoy integrated care, families can snag modern flats, and the prices keep a realistic edge. In the long run, catching the right project could translate into better living spaces and community vibes — just remember to bring your patience along for the ride!

<img alt="" data-caption="There are two BTO projects in the non-mature estate of Hougang. The bigger project is Hougang Olive.
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”62366a3b-7e50-4005-b057-0c826e2390c0″ src=”/sites/default/files/inline-images/hdb4.jpg”/>

Fast‑Track Housing Hooray!

Hold onto your seats – these flats are almost ready for move‑in. New homes will be finished by the first quarter of 2025, meaning you’ll have a new pad in under three years. It’s one of the quickest projects in this launch sweet‑spot.

What’s Next? Tanjong Tree Residences @ Hougang

  • Location: Right next to the main site.
  • Units available: 300 cozy four‑room and five‑room apartments.
  • Style: Modern, family‑friendly vibes for all ages.

Feel free to test‑drive these options in person once the green light rolls out – no more waiting for the universe to grant you a home!

<img alt="" data-caption="The smaller project, which sits on an adjacent site, is Tanjong Tree Residences @ Hougang, where 300 four-room and five-room units are on offer. 
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”3d6ef0fb-faa0-4d1e-aa32-bf2251b9e736″ src=”/sites/default/files/inline-images/hdb5_0.jpg”/>

Fresh Futures: Jurong West’s Latest Condo Craze

Price Tags That Won’t Break the Bank

  • Four‑room flat: $318,000 — perfect for the budding
  • Five‑room unit: $419,000 — ideal for families on the rise

Ready to move in? The builders promise to hand over those key‑holes in Q2 2026 — less than four years from now!

Why Nanyang Opal Is the Talk of the Town

At the Jurong West Street 92‑93 spot, 221 cozy three‑room and four‑room units are waiting to be claimed. Scoop yours before they disappear faster than a pizza slice at a party!

<img alt="" data-caption="In the non-mature estate of Jurong West, 221 three-room and four-room flats are on offer at Nanyang Opal.
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”278748f7-7509-42ea-bc07-fafc27d274c5″ src=”/sites/default/files/inline-images/hdb6_0.jpg”/>

Affordable Dreams in Singapore’s Newest Town, Tengah

Got a budget tight but still craving that feeling of owning a place? Toh, Tengah’s BTO projects are your sweet spot.

First up: Parc Clover @ Tengah

  • Two‑room flexi – starting at just $119 000 !
  • Three‑room – a nice little addition to your living plans.
  • Four‑room – starts at $312 000.
  • Five‑room – the big family dream for $428 000.

Psst… 1,124 units are ready for you to grab, so don’t blink or they’ll be gone.

And here’s the smaller but no less appealing one: Parc Glen @ Tengah

  • Two‑room flexi – starts at $120 000.
  • Three‑room – you can imagine the storage possibilities.
  • Four‑room – budget-friendly at $319 000.
  • Five‑room – just a bit shy of Parc Clover’s, priced at $436 000.

With 1,008 homes in the mix, Parc Glen is a great option if you’re after the same vibe but a tighter number of flats.

Timeline – When Will You Move In?

Both projects are slated for completion in the fourth quarter of 2025. That means it’s roughly a 3.5‑year wait from the signing of the contract.

So, grab your cup of coffee, keep your eyes on Tengah, and let’s make that “home sweet home” headline easier to read.

<img alt="" data-caption="The smaller project is Parc Glen @ Tengah, where 1,008 two-room flexi, three-room, four-room and five-room flats are on offer. 
PHOTO: Facebook/HDB” data-entity-type=”file” data-entity-uuid=”5017a79f-3242-4668-80de-f292872016c7″ src=”/sites/default/files/inline-images/hdb7.jpg”/>

HDB Tengah Projects: Fast‑Track to Your New Home

Ready for a move‑in before the new year? The two Tengah developments hit the finish line in Q4 2024—just 2.5 years from now. That’s one of the fastest timelines in the current launch.

Where Those 1,798 Units Go

  • Bishan, Bukit Merah, Clementi, Queenstown, Punggol – a mix of staples and fresh spots.
  • About 31 % of the flats are already popping out of the mould.
  • The remaining units are still in various stages of construction.

Why Buyers Are Buzzing

Remember the epic wait for BTOs in the past? Manpower shortages and pandemic‑driven supply hiccups stretched those dates thin. With Tengah’s quick completion, buyers are looking for a shortcut to a new home.

How To Get Involved

Last call! Applications close next Tuesday, Nov 23, at 11:59 pm on the HDB portal. Don’t miss out—these flats will be handed out via balloting.

Singapore’s BTO Home Wave is Coming !

Grab your mugs, because it’s about to get real cozy for those looking for a new nest. Singapore’s next round of Build‑to‑Order (BTO) flats is rolling out in two big waves, and you’ll want to keep your eyes peeled.

Wave 1 – February Drafts

  • Approx. 3,900 flats will be up for grabs.
  • Locations: Geylang, Kallang/Whampoa, Tengah, and Yishun.

Wave 2 – May Drafts

  • A fresh batch of 5,200‑5,700 BTO units will pop up.
  • Neighbourhoods covered: Bukit Merah, Jurong West, Queenstown, Tampines, Toa Payoh, and Yishun again.

Where Exactly? Why Wait?

Don’t guess— the exact site and the number of flats per complex will be released, but only a thick three‑month countdown before the launch!

Quick Note

The scoop originally appeared in The Straits Times. If you want to share this on your own feed, just get the green light from them first.

All in good fun— if you’re heading to the BTO office next month, bring a vacuum in case you actually find a snazzy new apartment!