BTO (Built-To-Order) season is upon us once again, and this December 2023 brings an exciting array of Housing and Development Board (HDB) launches. In this comprehensive overview, we dive into the details of the BTO projects in Woodlands, Queenstown, Bukit Merah, Bedok, Bishan, Bukit Panjang, and Jurong West.
From location highlights to nearby amenities and prices, this article serves as your go-to guide for the upcoming BTO launch.
Woodlands BTO launch
Woodlands takes centre stage in this BTO launch with two significant sites: Beacon and Urban Rise @ Woodlands, combining to offer a total of 1,247 units ranging from 2-room Flexi to 5-room BTO flats.
Woodlands Beacon features 399 units of 3-room and 4-room flats, slightly further away from Woodlands MRT station but closer to the Sports and Swimming Complex.
On the other hand, Urban Rise @ Woodlands, closer to Woodlands MRT station, offers 848 units of 2-room Flexi, 3-room, 4-room, and 5-room flats. Both sites are conveniently located near Woodlands MRT (NEL, TEL), with Causeway Point mall adding to the vibrant neighbourhood’s allure.
The upcoming Johor Bahru-Singapore Rapid Transit System Link, expected to be completed by the end of 2026, will also enhance connectivity to Malaysia. Additionally, Innova JC is set to move close to its Woodlands location in 2027, making both sites ideal for families due to good education choices, green spaces, proximity to an MRT station, and nearby amenities.
Prices for Woodlands Beacon range from S$268,000 to S$446,000, while Urban Rise @ Woodlands offers flats priced between S$145,000 and S$612,000.
Here’s a breakdown of the pricing for each flat type in both the projects:
Woodlands Beacon
3-room flats
Total units: 91
Pricing: From S$268,000 to S$340,000
4-room flats
Total units: 308
Pricing: From S$318,000 to S$446,000
Urban Rise @ Woodlands
2-room flexi (40 sqm)
Total units: 64
Pricing: From S$145,000 to S$186,000
2-room flexi (50 sqm)
Total units: 133
Pricing: From S$174,000 to S$231,000
3-room flats
Total units: 85
Pricing: From S$251,000 to S$345,000
4-room flats
Total units: 306
Pricing: From S$337,000 to S$468,000
5-room flats
Total units: 260
Pricing: From S$468,000 to S$612,000
Check your affordability with 99.co’s affordability calculator!
Bedok BTO launch
Bedok’s Chai Chee Green offers 1,234 units of 3, 4, and 5-room flats, with 250 units designated as Assisted Living flats. This BTO site is conveniently close to Bedok North MRT (DTL) and amenities such as Bedok Mall and Sky Eden @ Bedok.
The area boasts well-established amenities around block 53 onward and easy access to public transportation.
Here’s a breakdown of the pricing for each flat type:
Community Care Apartments (CCA) – 30-year lease
Total units: 250
Pricing: From S$80,000 to S$95,000
3-room flats
Total units: 97
Pricing: From S$298,000 to S$360,000
4-room flats
Total units: 627
Pricing: From S$421,000 to S$534,000
5-room flats
Total units: 260
Pricing: From S$569,000 to S$725,000
Read more: What is HDB Flat Eligibility (HFE) letter and how to apply (2023)
Bishan BTO launch
In the heart of Bishan, Sin Ming Residences introduces 732 units of 3 and 4-room flats, marking the first new flats in the Sin Ming area in over 30 years. With diverse eateries and accessible amenities, this BTO site is a promising addition.
Sin Ming Residences offers proximity to Upper Thomson MRT (TEL), and potential bus connections to Bishan MRT make commuting convenient. The prices for three- and four-room flats are as follows:
3-room flats
Total units: 105
Pricing: From $347,000 to $473,000
4-room flats
Total units: 627
Pricing: From $519,000 to $665,000
Bukit Merah BTO launch
The Alexandra Peaks launch site in Bukit Merah presents 904 units of 2, 3, and 4-room flats. With access to Tiong Bahru, Redhill MRT (EWL), and nearby amenities, this site is strategically located. Proximity to Crescent Girls’ School and Alexandra Park Connector adds to the appeal.
Notably, this development falls under the coveted Prime Location Public Housing (PLH) model, enhancing its allure for prospective homeowners.
Here’s an overview of the pricing range for the different flat types offered in the Alexandra Peaks project:
2-room flexi (38 sqm)
Total units: 38
Pricing: From S$218,000 and S$277,000
2-room flexi (48 sqm)
Total units: 15
Pricing: From S$332,000 to S$343,000
3-room flats
Total units: 121
Pricing: From S$380,000 to S$512,000
4-room flats
Total units: 730
Pricing: From S$533,000 and S$723,000
Bukit Panjang BTO launch
Offering 2-room and 4-room flats, Petir Park Edge in Bukit Panjang provides 334 units. Located within walking distance of Cashew MRT (DTL) and LRT stations, this BTO site offers proximity to Hillion Mall and nearby nature zones like Chestnut Park and Bukit Panjang Hill.
Here’s an overview of the pricing range for the different flat types offered in the Petir Park Edge project:
2-room flexi (39 sqm)
Total units: 34
Pricing: From S$110,000 and S$145,000
2-room flexi (49 sqm)
Total units: 109
Pricing: From S$144,000 to S$190,000
4-room flats
Total units: 191
Pricing: From S$320,000 to S$426,000
Jurong West BTO launch
Jurong Arcadia in Jurong West unveils 716 flats in 2, 3, 4, and 5-room sizes. Situated near the Jurong River, this BTO site offers a waterfront view, although the presence of the nearby PIE may concern some residents. Existing heartland amenities, coffee shops, and the Jurong West Market & Food Centre ensure a convenient lifestyle.
Here’s a breakdown of the pricing range for the different flat types offered in the Jurong Arcadia project:
2-room flexi (38 sqm)
Total units: 32
Pricing: From S$110,000 and S$140,000
2-room flexi (48 sqm)
Total units: 126
Pricing: From S$138,000 to S$174,000
3-room flats
Total units: 80
Pricing: From S$207,000 to S$277,000
4-room flats
Total units: 304
Pricing: From S$315,000 and S$394,000
5-room flats
Total units: 174
Pricing: From S$431,000 to S$540,000
Queenstown BTO launch
Ulu Pandan Vista in Queenstown features 890 units of 3 and 4-room flats that would fall under the PLH model.
Situated in close proximity to Dover MRT (EWL), Ulu Pandan Vista is strategically positioned for easy access to transportation and amenities. With Singapore Polytechnic nearby and a wealth of educational institutions within reach, this launch caters to those seeking a prime location with a focus on education and connectivity.
Prices for the Ulu Pandan Vista project include:
3-room flats
Total units: 218
Pricing: From S$430,000 and S$541,000
4-room flats
Total units: 672
Pricing: From S$598,000 to S$763,000
Increased subsidies and clawback rates for PLH projects
The decision to provide extra subsidies for the PLH projects is a strategic move by HDB to ensure accessibility to prime locations, even in the face of market fluctuations.
Alexandra Peaks in Bukit Merah and Ulu Pandan Vista in Queenstown benefit from increased subsidies, reflecting a commitment to maintaining affordability in areas with high desirability.
One notable aspect of the enhanced subsidy framework is the adjustment in the subsidy clawback rate. In the context of resale transactions, the clawback rate stands at 8%, an increase from the 6% observed in previous PLH projects.
Read more: The impact of the new public housing model on HDB resale prices
Priority schemes for PLH flats
As part of HDB’s commitment to inclusivity, a proportion of PLH flats are reserved for specific groups.
In this December 2023 BTO launch, 20% of PLH flats are earmarked for first-timer families and 2% of these flats are set aside for second-timer families respectively under the married child priority scheme.
Not sure which scheme you’re eligible for? Read our article on An in-depth guide to HDB’s priority schemes to increase your BTO or SBF ballot chances
Application details and changes to note
Mark your calendars – the deadline for submitting applications for the December 2023 BTO launch is at 11.59pm on December 11.
In a shift that took effect from October 2023, there’s a notable change in the classification of first-time applicants who successfully ballot but opt not to select a flat during the allocation process. According to the revised guidelines, these individuals will be considered second-timers for the subsequent year’s BTO launch.
If they still don’t choose a flat on their second BTO application, additional restrictions might be enforced, potentially resulting in their inability to apply for a BTO flat for a whole year.
Read more: 99.co’s guide to the BTO application process (2023)
Expectations and future plans
HDB foresees increased interest in the Bedok, Bishan, and Bukit Panjang projects, attributing it to their affordability, accessibility, and proximity to amenities. Analysts, on the other hand, predict a surge in demand for the Bishan project, given the scarcity of BTOs in the area.
Looking ahead, HDB plans to offer about 4,100 flats in various locations in February 2024.
Which December 2023 HDB BTO launch project are you going for? Let us know in the comments section below.
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