The Bedok HDB BTO Feb 2023 launch is likely to see strong interest from those who are eyeing a home in a mature estate. One reason: out of the other Feb 2024 BTO projects in mature estates, this stands the lowest chance of being classified under the Prime Location Public Housing (PLH) model.
Luckily for applicants, the Bedok HDB BTO Feb 2024 launch will be quite a big one, with a total of about 950 BTO flats being released across two sites. One will be on Upper Changi Road, the other on Bedok North Street 3.
The Bedok HDB BTO Feb 2024 New Upper Changi site will yield about 520 2-room Flexi and 4-room BTO flats, while the Bedok HDB BTO Feb 2024 Bedok North Street 3 site will consist of about 430 2-room Flexi, 4-room, and 5-room BTO flats.
While both BTO sites are located within Bedok, they each come with their advantages. Don’t know which one you’d rather live in? Read on!
Apply for a BTO Flat in 2024 (Video)
Step on to applying for a BTO launch: secure your HDB Flat Eligibility (HFE) letter, an assessment of your HDB flat, CPF Housing Grant, and HDB loan eligibility.
How to do it: log onto the HDB Flat Portal via your Singpass, enter your eligibility criteria information, and request your HDB HFE letter. You will need to submit a valid HDB HFE letter alongside your BTO application.
HDB BTO February 2024 Bedok BTO Map (Site 1)
Bedok HDB BTO Site 1 Location (HDB BTO February 2024 Launch)
| HDB BTO Feb 2024 Bedok launch project name | TBA |
| Address | Along New Upper Changi Road |
| Nearest MRT station | Bedok and Tanah Merah MRT station |
| Nearest bus interchange | Bedok bus interchange |
| Nearest schools | Bedok Green Primary School, Bedok View Secondary School, Anglican High School, Temasek Junior College, Bedok Green Secondary School, Red Swastika School, Yu Neng Primary School, and Fengshan Primary School |
| Nearby lifestyle amenities | Bedok Stadium, Heartbeat @ Bedok, Bedok Mall, Djitsun Mall Bedok, Bedok Interchange Hawker Centre, and Fengshan Community Club |
The first Bedok HDB BTO Feb 2024 site will be located on New Upper Changi Road, approximately an 18-minute walk each from Bedok and Tanah Merah MRT stations.
While not that close to Bedok MRT station, the Bedok HDB BTO Feb 2024 site 1 flats still occupy a fairly central spot in Bedok. They are about an 18-minute walk to the town centre and its key amenities, including Bedok Mall, Bedok Interchange Hawker Centre, Djitsun Mall Bedok, Heartbeat @ Bedok, and the Bedok Town Square. It is also right across the road from Bedok Stadium.
Families with kids will be able to choose from numerous schools located within walking distance, including Bedok Green Primary School and Temasek Junior College.
HDB BTO February 2024 Bedok BTO Map (Site 2)
Bedok HDB BTO Site 2 Location (HDB BTO February 2024 Launch)
| HDB BTO Feb 2024 Bedok project name | TBA |
| Address | Bounded by Bedok North Street 3 and the PIE |
| Nearest MRT station | Bedok Reservoir MRT station |
| Nearest bus interchange | Bedok bus interchange |
| Nearest schools | Yu Neng Primary School, Bedok Green Secondary School, Red Swastika School, Fengshan Primary School, Damai Secondary School, Anglican High School, Damai Primary School, and St. Anthony’s Canossian Primary and Secondary School |
| Nearby lifestyle amenities | Bedok Town Park, Kaki Bukit Community Centre, and Bedok Reservoir |
The Bedok HDB BTO Feb 2024 site at Bedok North Street 3 is located next to the Pan Island Expressway (PIE). The nearest Bedok Reservoir MRT station is about a 14-minute walk away.
While a little further away from the Bedok Town Centre compared to the New Upper Changi site, the Bedok HDB BTO Feb 2024 site 2 enjoys easier access to nature and the park connectors. Bedok Reservoir is located within walking distance, and the Bedok Park Connector is located on the other side of the PIE, making it easy to cycle along the nearby Bedok Canal or to the reservoir.
Families with children can also take advantage of the proximity of numerous schools, including Yu Neng Primary School, which is located right next door, and Red Swastika School and Bedok Green Secondary School, which are located a stone’s throw away.
Want to live in Bedok without having to wait for a Bedok HDB BTO Feb 2024 flat? Check out the Bedok HDB resale flat listings on PropertyGuru.
Bedok HDB BTO Price (HDB BTO February 2024 Launch)
| Unit type | Bedok BTO Price (HDB BTO December 2023) | Previous Bedok BTO Price (HDB BTO May 2023) | Previous Bedok BTO Price (HDB BTO November 2016) | Median resale flat prices in the area (Q3 2023) |
| 2-room Flexi | – | $165,000 to $260,000 | $135,000 to $236,000 | – |
| 4-room | $421,000 to $534,000 | $448,000 to $587,000 | $407,000 to $527,000 | $523,000 |
| 5-room | $569,000 to $725,000 | $588,000 to $737,000 | $503,000 to $578,000 | $684,000 |
As Bedok is a popular mature estate, the Bedok HDB BTO Feb 2024 launch is going to attract lots of applicants.
Consisting of a total of about 950 2-room Flexi, 4-room, and 5-room flats across two BTO sites, the Bedok HDB BTO Feb 2024 launch is likely to attract families thanks to the availability of 5-room BTO flats at one of the sites, as well as the proximity of schools within very short walking distance.
According to HDB Q3 2023 resale statistics, the median resale price for 4-room HDB resale flats is $523,000, while that for 5-room HDB resale flats is $684,000.
Budgeting for Your Bedok February 2024 BTO Home Loan
| HDB BTO February 2024 Bedok unit type | Price | If you take an HDB loan (at 2.6% p.a., 80% LTV) | If you take a bank loan (at 3.4% p.a., 75% LTV) |
| 2-room flexi | $200,000 | $40,000 downpayment, estimated $726 monthly mortgage repayments | $50,000 downpayment, estimated $743 monthly mortgage repayments |
| 4-room | $500,000 | $100,000 downpayment, estimated $1,815 monthly mortgage repayments | $125,000 downpayment, estimated $1,857 monthly mortgage repayments |
| 5-room | $600,000 | $120,000 downpayment, estimated $2,178 monthly mortgage repayments | $150,000 downpayment, estimated $2,229 monthly mortgage repayments |
For the above examples, we have used price estimates derived from the indicative pricing in the most recent BTO launches in the same area. However, the actual price depends on the pricing for this specific project as well as the unit you select. All the above calculations do not take into consideration CPF Housing Grants.
The above interest rate and Loan-to-Value (LTV) limits have been adjusted according to the September 2022 property cooling measures. In the HDB loan examples, we have used an interest rate of 2.6% and an LTV of 80%, while the bank loan examples use an interest rate of 3.4% and an LTV of 75%
The above examples are based on a 25-year loan. However, buyers who can take on higher monthly repayments might wish to opt for a shorter loan.
Wondering how much you’ll have to pay for your home loan? Use the PropertyGuru Finance affordability calculator to find out. Need help with your home loan? Speak to a PropertyGuru Finance Mortgage Expert for free, personalised advice on your situation.
Bedok BTO Amenities (HDB BTO February 2024 Launch)
Popular mature estate with established amenities
One of the biggest advantages of mature estates is that they enjoy a good selection of established and well-loved amenities. Bedok is a popular mature estate in the East that is packed with shopping and sporting amenities like Bedok Mall and Bedok Stadium, and also has many famous hawker centres like Bedok 85 Fengshan Food Centre.
Easy Access to Nature
Bedok has its fair share of natural sights, including Bedok Reservoir and Bedok Canal. It also has a network of park connectors leading to the key nature spots. The Bedok North Street 3 site enjoys particularly easy access to Bedok’s scenic spots.
Many Schools Within Walking Distance
Both BTO sites are located right next door to primary schools and are within easy walking distance of multiple other schools. This makes them a convenient option for families with children.
Conclusion: Is HDB February 2024 Bedok BTO Worth Balloting for?
There’s a lot to like about Bedok. Those who have the budget to live in this popular mature estate should decide whether they prefer to be closer to the town centre or to nature when choosing between the two Bedok BTO sites.
Pros of Bedok February 2024 HDB BTO
- Walking distance to MRT station (Bedok North site)
- Mature estate with good amenities
- Lots of good food in the area
- Well-served by park connectors
- Walking distance to the town centre (New Upper Changi site)
- Easy access to nature (Bedok North site)
Cons of Bedok February 2024 HDB BTO
- 3-room BTO flats not available
- Not that near MRT stations (New Upper Changi site)
BTO Application Process Updates
All BTO applicants will now need to apply for the HDB Flat Eligibility (HFE) letter before applying for their desired BTO project.If you’re thinking of applying for an upcoming BTO flat in the February BTO 2024 launch, you should have already applied for and received your valid HFE letter; while HDB will take up to 21 working days to process your application, they may face delays during peak periods (e.g. BTO launch weeks).Now, first-timer BTO applicants who reject their BTO ballots will also be considered second-timer applicants for one full year. During their second BTO application attempt, if they reject another BTO ballot, they won’t be able to apply for any BTO flats in the following year.Furthermore, the Family and Parenthood Priority Scheme (FPPS) has officially replaced the Parenthood Priority Scheme (PPS). This new HDB scheme includes a new applicant priority subset, the First-Timer (Parents and Married Couples) category, or FT(PMC). Up to 40% of BTO flats in each sales exercise will be reserved for eligible FT(PMC) applicants.Lastly, if you are an FT(PMC) who was unsuccessful for two or more tries (in a non-mature estate), you will receive one more chance per subsequent BTO application. This rule was introduced to help those unsuccessful in repeated balloting attempts.
Applying for Woodlands February 2024 HDB BTO Flats
Those who are still undecided about the Woodlands February 2024 BTO flats, read about the other February 2024 BTO projects before applying below:
- HDB BTO Feb 2024 Launch Review: Punggol, Hougang, Woodlands, Queenstown, Bedok, Choa Chu Kang
- HDB BTO Feb 2024 Punggol Review: Along Punggol Reservoir, Short Drive to Punggol MRT and LRT Stations
- HDB BTO February 2024 Hougang Review: Nearer to Upper Paya Lebar and Bartley Road
- HDB BTO February 2024 Woodlands Review: Short Bus Ride to Woodlands South MRT Station
Do note that from October 2023 onwards, first-timers who successfully ballot but do not select a flat will be considered second-timers for the following year. If they still don’t choose a flat on their second BTO application, further restrictions could be imposed. They would then be unable to apply for a BTO flat at all for a year.
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