November 2022 HDB BTO Review – Kallang and Whampoa, Money News

New HDB BTO Launch in Kallang/Whampoa

Got news for you: the November 2022 BTO rollout is giving a little love to Kallang/Whampoa—only about 5% of the flats will be there.

• 470 units are up for grabs, making it the smallest project in the entire launch.
• Think of it as a tiny real‑estate boutique—just enough to keep the projects lively.

November 2022 Kallang/ Whampoa HDB BTO: At a glance

All Aboard the Geylang New‑Build Express!

Picture this: a vibrant slice of Singapore tucked into along Lorong 1 Geylang, soon to host 470 brand‑new 3‑room and 4‑room flats. The estate is slated to be a mature‑era development, blending timeless charm with a splash of modern flair.

What’s the Layout?

• Blocks: TBC (We’re all counting the minutes until the blocks come to life)
• Waiting Time: TBC (Patience is key, but not too keen to be stuck in the queue)
• Completion Date: TBC (The grand opening will be closer than you think)

Accessibility at a Glance

The pocket of paradise is just a short hop away from Kallang MRT, ensuring you’re never stuck in a traffic jam—unless you’re going to the Kallang Wave Mall for a quick noodle run.

Why This Spot Rocks

Not only is the location in a bustling hub, but it’s also surrounded by a medley of amenities that makes living here feel like a holiday:

• Sports Hub – Get fit or lose it, whichever you prefer.
• Kallang Wave Mall – The ultimate shopping & dining spot.
• Leisure Park Kallang – Your indoor playground for the whole family.
• Kallang Riverside Park – Picture a sunset walk under the stars.
• Bugis Junction – Trendy boutiques just a stone’s throw away.
• Bugis+ – One-stop wonder for tech, food, and culture.

Final Thoughts

So folks, if you’re scouting for a new home that promises a blend of comfort, convenience, and a dash of excitement, keep an eye on this upcoming development along Lorong 1 Geylang. 470 units aren’t going anywhere, and with all that nearby flair, it’s like getting a front‑row seat to the best of Geylang’s lifestyle.

November 2022 Kallang/ Whampoa HDB BTO: Indicative price range

What’s the HDB Price Situation? It’s Still a Mystery!

Sadly, the HDB hasn’t tossed out the official price band yet. So, before you dive into anxious research, you can lean on SRX’s cozy estimates that mix recent BTO launches with nearby resale data.

Why It Matters (And How the Numbers Get Tweaked)

These numbers aren’t just random—they’re adjusted for property age and location differences. A launch closer to an MRT or a busy commercial spot? Expect the price tag to lean a bit heavier.

The Quick Numbers – Your New Cheat Sheet

• 3‑room flat: $370k – $480k
• 4‑room flat: $530k – $720k

Source: The Just‑Right SRX Guide

Grab these figures straight from SRX. They’re a handy snapshot of what you can anticipate—though keep in mind the final numbers could shift once the official prices drop.

Estimated downpayment, monthly installment and income

Crunching Numbers for the November 2022 Kallang/Whampoa BTO Flat

Ever wonder how much your wallet would need to look if you were to buy one of those fresh‑to‑sell flats in Kallang or Whampoa? Let’s break it down together, with a touch of humor and a sprinkle of everyday language so you can see the real numbers without getting lost in jargon.

What Rules Are We Playing By?

• Take an HDB loan and get the sweet spot of 85 % LTV—so you only pay in cash for the other 15 %.
• Lock the loan for 25 years with the current interest of 2.6 %.
• Assume no other house‑loans cluttering your budget.
• We ignore CPF grants or savings—just pure numbers.

How We Got the Numbers

Picture a mortgage calculator doing its magic. We feed in the median price of the flat, the loan amount, and the downpayment. The calculator spits out the monthly instalment and, using the 30 % Mortgage Servicing Ratio (MSR) rule, it tells us the smallest monthly household income that can take care of the lot.

Quick Takeaway

• Buy a 3‑room flat: $425,000, $1,638.88 a month, $5,462.93 in monthly household income needed.
• Buy a 4‑room flat: $625,000, $2,410.12 a month, $8,033.73 in monthly household income needed.

The Numbers in Detail

So, if you’re eyeing a clutch of a 3‑room or a cozy 4‑room, just make sure your monthly income can comfortably cover the mortgage—think of it as planning for a fancy apartment stay, but with the mortgage manual added. From here, you can check the MSP calculator again if you want to tweak anything or consider utilizing CPF savings for a more colourful budget picture. Happy house hunting!

What we noticed about the November 2022 Kallang/ Whampoa HDB BTO

Discover Kallang/Whampoa: The Next Hot Spot for Your Next Home

Ever dreamed of living right by the transit hub? Think again – the new Kallang/Whampoa BTO is literally a stone’s throw from Kallang MRT. That’s just the set‑up. Ready for a rousing weekend stroll or a quick commute? You’ve got the beat of the city in your pocket.

Why This Spot Is a Big Deal

• The MRT Connection: Direct, quick, and effortless. From the moment you step out of your door to hop on the train, you’re already a part of Singapore’s tapestry.
• Bus Terminal at Your Doorstep: Right there across the street. Lorong 1 Geylang, the bustling bus terminal, is practically on second floor. No more scrambling for the bus stop.
• Potential Future Bus Interchange: This could get a bit more interesting. Rumor has it the developers may turn this spot into a full-scale interchange, turning the square into a nucleus for commuters.
• Prime Location: The good kind of prime. With the MRT, potential bus interchange, and the waterfront, it’s prime territory even for public housing.

Living Along the Kallang River

Picture this: your balcony with a view of the calm waters of Kallang River. It’s not just a scenic backdrop—it’s an invitation to a more relaxed lifestyle: morning jogs, evening walks, perhaps even a spontaneous splash in the day. This BTO brings you a heartbeat away from a slice of nature.

What to Expect Moving In

• Convenience: Almost all urban amenities are within arm’s reach.
• Transport: Train and bus routes mean you won’t have to drive up a single lot.
• Community: A tight-knit neighbourhood ready to welcome new neighbours.

So whether you’re a student, a young professional, or a small family looking for a high‑traffic yet cozy block, Kallang/Whampoa at the Kallang River becomes a winner. Forget the clichés of “city life” – this spot delivers the real touch of the city with a splash of calm.

November 2022 Kallang/ Whampoa HDB BTO: The pros

Accessibility

Live Down the Street, Not Just a Short Walk Away

Picture this: your apartment sits right in front of the Kallang MRT, so you can literally hop off the train and into your living room—no more frantic 5‑minute dash to the station. It’s the dream of integrated developments, but with the sweet perk of lower prices thanks to those generous subsidies.

Commute Heaven for CBD and Paya Lebar Folks

• East‑West Line: 3 stops to City Hall MRT and 4 stops to Raffles Place MRT
• Eastbound: 2 stops to Paya Lebar MRT

That’s just the start—neighboring stations are a stone’s throw away:

• Geylang Bahru MRT & Bendemeer MRT on the Downtown Line
• Boon Keng MRT on the North‑East Line
• Stadium MRT on the Circle Line

Bus‑goers Rejoice!

Across the street, the Lorong 1 Geylang Bus Terminal is slated to be replaced by a brand‑new bus interchange on the BTO site. While the exact details are still a mystery, the planned interchange could either spring up simultaneously with the BTO or follow its completion. If it comes later, you’ll just have to brush off a few construction bangs while you’re living your best life.

Why This BTO Rocks for Public‑Transport Lovers

• Direct access to multiple MRT lines
• Convenient bus routes galore
• Affordable living with a touch of high‑end flair

And Yes, There’s a Highway for the Drivers

Just a couple of streets away, the Kallang‑Paya Lebar Expressway (KPE) and the Peninsula Expressway offer road‑friendly benefits for those who prefer the wheel over the wheelchair.

Bottom line—whether you’re a train‑fan, bus‑lover, or car‑driven commuter, this BTO has got you covered. Live where convenience is just an impulse away, with a side of affordable, award‑winning living each day.

Food and retail amenities

Eat, Shop, and Ride Around Your Kallang/Whampoa Home

Living on Sims Avenue means you’re practically a culinary block away from Geylang Road, so you’ll never run low on grub. No worries about a foodie lull!

Neighbourhood Nosh Spots

• 126 Dim Sum Wen Dao Shi – the dumpling hit that wins every foodie’s heart.
• Leong Kee (Klang) Bak Kut Teh – if you crave a hearty soup that hugs your soul.
• No Signboard Seafood Restaurant – the place where your taste buds get the full “no‑label” seafood thrill.
• For a wallet‑friendly meal, stroll five minutes to Upper Boon Keng Market & Food Centre.

Convenience Shopping

Need groceries? Grab Sheng Shiong Supermarket at three‑minute walk or Fairprice Supermarket at about five‑minute walk – both on Upper Boon Keng Road. Fresh produce, snacks, and oddities, all in one place.

Retail & Leisure

• Both Kallang Wave Mall and Leisure Park Kallang at the Sports Hub are a quick 15‑minute bus ride away.
• Prefer to walk? They’re also just a 20‑minute stroll.
• Just two stops closer is Bugis, where you’ll find Bugis Junction and Bugis+ with a ton of shop variety.
• Keep an eye out for the upcoming Guoco Midtown integrated development – it’s slated to become the next big gig.

From the comfort of your BTO, you’ve got a buffet of restaurants, markets, malls, and a bustling city hub all within easy reach. No wonder people say Southeast Asia’s food scene is a social and culinary spectacle!

Sports facilities

Sports Galore Around the BTO

Newspaper headlines made us think, but let’s talk real—there’s not just a new home, there’s a full-blown sports playground right next door.

Walk into Fast‑Track Fitness

Grab your sneakers and take a quick 20‑minute stroll to the Sports Hub. It’s the buffet of K‑sports: a volleyball court, a skate park, a swimming pool, an indoor sports hall, and even a massive indoor stadium that hosts all the big events.

Just Across the Street

If you’re lucky enough to be on Stadium Boulevard, you’ll find the Kallang Squash and Tennis Centre right there. Perfect for a spontaneous game or an after‑work paddle.

Take the Bus or Two

Need a bit more variety? Hop on a bus and you’ll be in flip‑flop time at either the Jalan Besar Stadium and Swimming Complex or the Kallang Basin Swimming Complex. Both are just a 15‑minute ride from the BTO.

Bottom line? Your new address comes with a sports fiesta—all ready to lift your game (and your mood) without leaving the neighborhood.

November 2022 Kallang/ Whampoa HDB BTO: The cons

Schools

School Options Near Your New Home

When you’re hunting for a place to live, the spread of schools can be a real game‑changer—especially if you’ve got little learners in the mix. Here’s the quick lowdown on what educational facilities are within arm’s reach of the BTO and some useful hacks for your family.

Schools that are technically “in the neighborhood”

• Bendemeer Primary
• Geylang Methodist Secondary
• The Winstedt School (a secondary? fun mix of drama and academic focus)
• James Cook University Singapore (the university vibe, if you’re a budding scholar)

Primary school proximity matters

Your ballot priority for Primary One registration hinges on where you live. Here’s the nitty‑gritty:

• No primary schools sit right around the BTO—you’ll need to head out a bit.
• If you’re within a 1‑kilometre radius, you’re actually out of luck for primary schools.
• Step out to the 1–2 kilometre zone and you’ll find two bright spots: Bendemeer Primary and Kong Hwa School.

What that means for families with young kids

Because residents within that 1km zone get first dibs when it comes to Primary One registration, we generally don’t recommend applying for a unit in that sweet spot if your little ones are about to start primary school.

Bottom line: if your children are under the aged group that will be heading to primary school soon, look for homes just outside the 1km slice to keep your options—and your baby’s future—open. Good luck with the hunt!

Green spaces

Kallang Riverside Park: Your Breezy Get‑Away from the BTO

Hey, wanderers! If you’re one of those folks who enjoy a quick escape from the bustle of the BTO, Kallang Riverside Park is just a short eight‑minute stroll away. Walk along either side of the river and you’ll feel like you’re on a two‑way highway of sunshine and fresh air.

Why You’ll Love This Hidden Gem

• Two scenic paths: left side for a tranquil view, right side for that urban buzz.
• Literally no other parks nearby—so it’s a blissful pause for your soul.
• Ideal for a quick pick‑up lunch, a spontaneous photo shoot, or just a moment to breathe.

Quick Tip: Make the Most of the Nook

Because there aren’t many parks around, all the fun gets concentrated here. Take a chill selfie at the water’s edge, or bring a cozy blanket for a mini picnic—no neighbors to squeal about your secret potluck.

Next Stop?

After you soak in the vibes, head back to the BTO with a refreshed mindset. It’s the perfect cycle of hustle and heart‑warming respite!

No 5-room flats, smaller flats

What You Need to Know About the New Kallang/Whampoa BTO Launch

Just like the Queenstown build‑to‑order (BTO) that rolled out in November 2022, this time you won’t find any 5‑room flats in the new launch. The pattern is the same as what we saw in central locations over the last few years.

The Alternative: Bigger Spaces for the Big‑Hearted

• Bukit Batok BTO – Offers spacious units and a growing community vibe.
• Tengah BTO – Known for its modern layout and good connectivity.
• Yishun BTO – Ideal if you want a more suburban feel with ample green spaces.

Keep an Eye on the PLH Option

If the Kallang/Whampoa launch turns out to be a Public‑Lease Housing (PLH) project, don’t hold your breath for large 4‑room units either. In most PLHs so far, a 4‑room flat is only about 89 m², versus the standard 93 m² you get in a regular new launch.

Bottom line: If a 5‑room home is on your wish list, it looks like those plans won’t be in this launch. But don’t let that stop you—there are plenty of other options that might tick all the boxes.

November 2022 Kallang/ Whampoa HDB BTO: What’s the potential price appreciation?

Kallang & Whampoa: The “Mount Everest” of Housing Prices!

Did you hear the news?

Over the last decade, the average price climb for 3‑room and 4‑room resale flats in Kallang and Whampoa has skyrocketed by a whopping 25.93 %. That’s like watching a tiny sapling turn into a giant oak in just ten years – only, the sapling here is a flat, and the giant oak’s bank account is booming!

What’s the big difference?

• In mature estates, the same 3‑room and 4‑room flats averaged a price gain of 12.96 % over the same period. Think of it as a modest hike versus a mountain trek.
• That means the Kallang/Whampoa area has nabbed twice the appreciation rate compared to those seasoned neighborhoods.

Why the steep ramp in the last two years?

Here’s the kicker: in just the past two years, resale prices surged by an impressive 38.75 %. That’s a full water‑bed jump in a hot summer!

So, if you’re hoping to buy a cozy 3‑room or a slightly bigger 4‑room home in Kallang or Whampoa, you might want to brace for a wallet‑heavy experience. Or, if you’re ready to stir the pot, now could be the perfect time to cash in on those rising returns.

Bottom line?

In short, Kallang and Whampoa are not just hot places to live – they’re hot spots for your money. Whether you’re buying, selling, or merely observing, it’s a careful drama of rising prices that you don’t want to miss. Stay tuned, stay savvy, and maybe bring a snack – you’ll be roasting your finances like a brisket over a fireplace!

The Rise of the A4‑Room Family!

When we trimmed the data and lined up the numbers by size, the 4‑room flats suddenly took center stage. They’re up by a whopping 30.89 %, almost double the 15.92 % climb of the 3‑room homes. That’s a clear sign that families are funneling into the extra bedroom—more space for everything from a mini closet to a mini office.

Quick Take‑aways

• Price Jump: 4‑room flats now outpaced 3‑room ones by a whole 15%.
• Why the Buzz?: With larger families and a trend toward “home offices,” extra rooms are in high demand.
• Consumer Sentiment: Buyers are willing to pay more for that extra space, proving that a bigger budget can buy a bigger future.

Bottom line? If you’re in the market, 4‑room flats have been getting a touch of the spotlight—and that’s no small thing in today’s real estate world.

Get the Inside Scoop on Kallang/Whampoa Flat Prices

Curious about how much you’d need to break the bank for a three‑ or four‑room resale flat in the Kallang/Whampoa area? Here’s the lowdown as of 28 September:

• 3‑room average price per square foot: $539 – total average price: $741,667
• 4‑room average price per square foot: $646 – total average price: $442,881

Don’t think this is the end of the story. The area is expected to experience a friendly uptick in both values and vibes.

Why the Future Looks Bright

Across the Kallang River sits the Kampong Bugis site, a future favourite on the URA’s roadmap. Picture a car‑lite neighbourhood surrounded by public spaces and lush greenery – a sweet spot for health, hustle, and a touch of nature.

With that makeover coming up, a splash of new life is sure to hit the streets. Bring your graphs and your lemonade; the market’s about to get a subtle, delightful lift.

November 2022 Kallang/ Whampoa HDB BTO: Should you apply?

Why You Should Eye the Kallang/Whampoa BTO

If you’re all about that MRT‑life, the Kallang/Whampoa BTO is basically the got‑what‑you’re‑looking‑for project. You get direct access to the line—no hassle, no detours. Plus, this spot is a stone’s throw from other MRT routes, so hopping around Singapore becomes a breeze.

Mind the 10‑Year Minimum Occupation Period

Heads up: this could be a Public‑Lease House (PLH) venture. That means a 10‑year MOP and a subsidy clawback if you twist the clock on your residency. Thinking of flipping it later? You’ll face a small pool of resale buyers, all of whom have to meet the $14,000 income ceiling this year. So, it’s not as “open‑market” as some might hope.

The Numbers Drop—Stiff Competition Ahead!

• Only 470 units sold in the November 2022 launch.
• Expect hair‑raising competition for each spot.
• Fast‑track your bid: get your paperwork in order, and keep your eye on the deadline.

Bottom Line

The Kallang/Whampoa BTO has a solid “MRT‑first” vibe and is perfectly located for city‑wide commutes. Worth the extra steps and potential MOP curves, as long as you’re happy being the nearest station follower and navigating the resale hustle.

Cheers to finding your new home on the right train!