Big News in Singapore: HDB Opens 5,101 New Flats!
Listeners of the Housing Board’s latest announcement will get some exciting updates for all flat seekers in the Lion City. Picture this: you’re planning to buy a home, and suddenly the rules around your Central Provident Fund (CPF) change—making it a lot easier to keep your money in your Ordinary Account (OA) while juggling those hefty mortgage payments.
New CPF Flexibility: Keep Your Balance $20,000
Traditionally, buyers had to “burn” through all the cash in their OA before tying up CPF onto a loan. Now, HDB says you can keep up to $20,000 in your OA even after securing a HDB loan. That’s good news for those who want to keep a safety net for retirement.
- Why it matters: Future mortgage installments can tap into this cushion when needed.
- Retirement reading: Unused CPF funds can still grow, keeping your future more financially secure.
What’s on Sale?
The Development Board is offering a mix of Build-to-Order (BTO) units and a softener for unsold houses: the Re-Offer of Balance Flats (ROF).
- 4,375 BTO flats in buzzing Yishun and a brand-new waterfront district in Punggol.
- 726 ROF units—those charming homes that just didn’t get the sales push they needed before.
Price Range (Without Grants)
The new flats will run from a humble $75,000 for a two-room flexi flat in Yishun, all the way up to a fancy $411,000 three-generation flat in Punggol. That’s a pretty wide spectrum!
So whether you’re hunting for a tiny apartment or a spacious family home, the HDB’s latest offering could be the perfect chance. Stay tuned and be ready to hop on the next big property wave!
New Waterfront Wonders Unveiled in Punggol
Picture this: a brand‑new waterfront neighborhood that’s just dropped the mic on Sunday. The Housing Development Board just opened its latest slice of paradise—Punggol Point Cove and Punggol Point Woods—right where the water meets the wild.
Where the Magic Happens
- Boundaries: New Punggol Road and Punggol Way form the perimeter.
- Vibes: Think breezy riverside living, with fresh sea air and a little splash of nature.
These two projects offer more than just flats; they promise a lifestyle where the waterfront is a daily backdrop, not just a photo‑op.
Another BTO Spotlight: Yishun’s Freshest Builds
Hold the phone—Yishun already has a couple of Build‑to‑Order (BTO) projects that are straight up worth the hype.
Melody Spring @ Yishun
- Boundaries: Yishun Avenue 8 meets Yishun Street 42.
- Feeling: A sweet spot that’s got a bit of a chirpy spring vibe—fitting, right?
Yishun Glen
- Boundaries: The corner of Yishun Ring Road, Yishun Street 31 and Yishun Avenue 6.
- Feels: A glenish charm that makes you want to stroll through the trees and watch birds.
Whether you’re looking for the freshness of a waterfront or a cozy BTO space in Yishun, the latest HDB launches might be the real deal you’re dreaming about. So, ready to pack your bags and step into the breezy dockside? The clock’s ticking—grab this opportunity before it sails away!
Yishun Glen: Your Close‑by Home Awaits
Welcome to Yishun Glen, where the Housing Development Board is rolling out an array of homes that cater to every dream and budget. Whether you’re planning to bring in your parents, start a family, or just upgrade slightly, there’s a place for you right here.
What’s on the Menu?
- 67 two‑room flexi units – perfect for solo travelers or a cozy couple.
- 171 three‑room units – just the right size for a typical family.
- 294 four‑room condos – spacious enough for kids, pets, and a few extra roommates just for good measure.
- 152 five‑room units – think of them as the luxury suites of Yishun Glen.
- 33 three‑generation flats – ideal if you’re setting up a multigenerational household.
- 9 executive flats – because someone might need that office‑at‑home vibe.
Progress Check‑In
“We’re about two‐thirds done,” said HDB officials, which means a solid 58 % of the project is already iron‑clad, furnished, and ready to go. The rest? Well, they’re in the works, and you’ll be the first to know once they’re finished.
Time to Act!
Applications close next Monday—September 3rd. If you’ve been eyeing a new home, don’t wait. Get your paperwork in line, and you might just snag a unit before the market saturates!
Why Yishun Glen? Because It’s More Than Just Bricks
From vibrant street markets to serene parks and efficient MRT lines, Yishun Glen isn’t just about the building; it’s about the lifestyle. Living here means you’ll experience a community that’s welcoming, convenient, and fun—all while keeping your bank account not too smashed by—well, you know, a mortgage.
Melody Spring: Yishun Gears Up for the Next BTO Boom
The Housing Development Board (HDB) is revving its engines for the upcoming November BTO launch, promising a fresh wave of around 3,800 new homes across Sembawang, Sengkang, Tampines, Tengah, and Yishun.
Why This is a Big Deal
- Tampines & Tengah get the shortcut on wait‑time—just 2.5 years instead of the usual 3‑4 years.
- This marks the first batch of projects with trimmed waiting times, first unveiled back in 2017.
What Makes Them Stand Out?
Beyond the quicker turnover, these developments bring modern amenities and a sweet spot for families looking to settle in a vibrant community. Yishun’s Melody Spring is set to feel the buzz with elevators to the sky
Stay Tuned
When the times strike, there will be new opportunities for both buyers and renters. Keep your eyes peeled for official announcements—this could be the break you’ve been waiting for!
