The Choa Chu Kang HDB BTO Feb 2024 project comprises about 460 units across 2-room Flexi, 3-room and 4-room flats. It is right beside the Rail Corridor. With green lungs at your doorstep, residents get unparalleled and unspoilt views of the surrounding greenery right from the comfort of home, and can also take advantage of the park connectors to get around.
While the surrounding nature can be a draw for some, a drawback is that the nearest Bukit Panjang MRT station is a short bus ride away. There are still bus stops and of course, the Kranji Expressway which means easy access to other parts of Singapore.
Nevertheless, families have a variety of school options in the vicinity from primary and secondary school, all the way to junior college, as well as facilities including retail options, and sports and public facilities.
For first-time BTO applicants who are thinking of applying for the February 2024 Choa Chu Kang HDB flats, do check out our quick video guide!
Guide to Applying for a BTO Flat (Video)
Do note that the HDB Flat Eligibility (HFE) letter has been enacted. In case you need a reminder, the HDB HFE letter is an assessment of your HDB flat, CPF Housing Grant, and HDB loan eligibility.
Just log into your account on the HDB Flat Portal via Singpass, key in your eligibility criteria details, and request your HFE letter. You will need to submit a valid HDB HFE letter alongside your BTO application.
HDB BTO February 2024 Choa Chu Kang BTO Map
BTO Choa Chu Kang February 2024 Location
Choa Chu Kang HDB BTO Feb 2024 project name | TBA |
Address | Bounded by Woodlands Road and Sungei Pang Sua |
Nearest MRT station | Bukit Panjang MRT station |
Nearest bus interchange | Choa Chu Kang bus interchange |
Nearest schools | West Spring Secondary School, West View Primary School, Jurong Pioneer Junior College, Chua Chu Kang Secondary School, Teck Whye Primary School, Regent Secondary School, Kranji Primary School, and Yew Tee Primary School |
Other nearby amenities | Bukit Panjang Polyclinic, Bukit Panjang Plaza, Junction 10, Hillion Mall, Choa Chu Kang Community Club, Choa Chu Kang ActiveSG Sports Centre, and Choa Chu Kang Park |
Bounded by Woodlands Road and Sungei Pang Sua, the upcoming HDB BTO Choa Chu Kang February 2024 launch will be a haven for nature lovers.
Those with their car will find the Kranji Expressway (KJE) just close by. Cyclists may wish to make use of the various park connectors such as Pang Sua, Stagmont Park, and Choa Chu Kang Park Connector, taking you to central Choa Chu Kang within minutes. You could also get to the Choa Chu Kang MRT station across the river but taking a bike along the park connector may be a much faster and convenient way.
Meanwhile, those with children have a variety of schools to choose from including West Spring Secondary School, West View Primary School, Jurong Pioneer Junior College, Chua Chu Kang Secondary School, Teck Whye Primary School, Regent Secondary School, Kranji Primary School, and Yew Tee Primary School.
Other nearby amenities include Bukit Panjang Polyclinic, Bukit Panjang Plaza, Junction 10, Hillion Mall, Choa Chu Kang Community Club, Choa Chu Kang ActiveSG Sports Centre, and Choa Chu Kang Park for all your health and recreational needs.
Want to stay in Choa Chu Kang but don’t want to wait for the February 2024 BTO launch? Check out Choa Chu Kang HDB resale flats on PropertyGuru.
Choa Chu Kang BTO Price (HDB BTO February 2024 Launch)
Unit type | Choa Chu Kang BTO Price (HDB BTO Feb 2024) | Previous Choa Chu Kang BTO Price (HDB BTO Oct 2023) | Previous Choa Chu Kang BTO Price (HDB BTO Aug 2022) | Median resale flat prices in the area (based on HDB Q3 2023 statistics) |
2-room Flexi | From $120,000 (estimated) | From $106,000 to $168,000 | From $102,000 to $160,000 | $301,000 |
3-room | From $250,000 (estimated) | From $216,000 to $272,000 | From $194,000 to $243,000 | $391,500 |
4-room | From $340,000 (estimated) | From $319,000 to $437,000 | From $277,000 to $363,000 | $500,000 |
The last rounds of Choa Chu Kang BTO flats were in October 2023, August 2022, and November 2021 (with only 2-room Flexi units). Our estimates are based on inflation and are just meant to be a guide for budgeting considerations.
The upcoming Choa Chu Kang HDB BTO Feb 2024 project has 460 units across 2-room Flexi, 3-room, and 4-room configurations. It is hard to estimate the application rates, but because the area in the immediate vicinity is still developing, applicants may likely have a good chance to get a unit.
Its affordability could be a huge draw as they are way lower than many BTO launches in more central locations. The fact that the area is developing is also another draw for those planning for the future and wanting to set up their home base in a new and upcoming area that’s served with all the facilities and amenities in the vicinity. Plus point as it’s near to JB for those who like to hop over for cheaper shopping.
Based on the HDB Q3 2023 median resale flat prices in the area, the HDB flats in Choa Chu Kang will likely see some appreciation after their Minimum Occupation Period (MOP) is up. Prices are still considerably low considering it’s a non-mature estate and competitive with other non-mature estates.
Budgeting for Your Choa Chu Kang HDB BTO February 2024 Home Loan
HDB BTO February 2024 Choa Chu Kang unit type | Price (estimated) | If you take an HDB loan (at 2.6% p.a., 80% LTV) | If you take a bank loan (at 3.6% p.a., 75% LTV) |
2-room Flexi | $120,000 | $24,000 downpayment, estimated $435.52 monthly mortgage repayments | $30,000 downpayment, estimated $455.40 monthly mortgage repayments |
3-room | $250,000 | $50,000 downpayment, estimated $907 monthly mortgage repayments | $62,500 downpayment, estimated $949 monthly mortgage repayments |
4-room | $340,000 | $68,000 downpayment, estimated $1,234 monthly mortgage repayments | $85,000 downpayment, estimated $1,290 monthly mortgage repayments |
All prices stated above exclude CPF Housing Grants.
We used an interest rate of 2.6% and a Loan-to-Value (LTV) limit of 80% for the HDB loan example calculations and an interest rate of 3.6% and an LTV of 75% for the bank loan example calculations. The above example calculations are based on a 25-year loan. However, if you can make higher monthly repayments, you may want to opt for a shorter loan (and pay lesser interest!).
For a more accurate estimate appropriate to your situation, you can use the PropertyGuru Finance affordability calculator. You can also chat with a PropertyGuru Finance Mortgage Expert for personalised advice on home loans and financing.
Choa Chu Kang BTO February 2024 Amenities (HDB BTO February 2024 Launch)
Scenic Natural Surroundings
Proximity to nature with the rail corridor, Sungei Pang Sua Canal and various park connectors offer residents a plethora of reasons to get out into the great outdoors. There are also plans to introduce more greenery to the Pang Sua Canal and develop a new extension to Villa Verde Park under the KJE for more greenery and recreation. Coupled with the low-density surroundings, being an early mover in the area could serve you well in the future.
Planned Developments in the Works
HDB has announced plans to build mixed-use developments with commercial, dining and transport options next to the Choa Chu Kang and Yew Tee MRT stations. There will also be new active spaces, a new town plaza, and retail and dining options planned for the bustling Choa Chu Kang Town Centre.
Schools for all Ages
With a variety of primary schools and secondary schools, as well as a junior college, your child’s education is covered throughout his/her developmental years.
Conclusion: Is the Choa Chu Kang February BTO 2024 Project Worth Balloting For?
This is a new launch in Choa Chu Kang since the last one in October 2023, so if you didn’t get a chance to snag the previous one, you can get ready for this launch.
Due to the rather far location from the MRT, those who have their own mode of transport or don’t mind spending more on taxis can consider this project.
Those with families, nature and outdoor lovers who don’t mind the limited transport options may find the Choa Chu Kang HDB BTO Feb 2024 project more suited to their needs, as well as those with families who place a higher priority on nearby schools.
Additionally, those who believe the planned developments in the Choa Chu Kang area are a draw to them and may increase the flat’s value in five years may find this a good option.
Upcoming developments in the area will also make the Choa Chu Kang HDB BTO Feb 2024 project more attractive. HDB announced in October 2023 that the Choa Chu Kang area is going to be upgraded with new mixed-use developments, including commercial, dining and transport options, and more recreational spaces as part of the town’s upgrade under the Remaking Our Heartland (ROH) programme.
A key part of the rejuvenation is also a new Integrated Transport Hub (ITH) to be located next to the existing Choa Chu Kang MRT station, as well as more retail and dining options with a hawker centre and a new pedestrian mall.
Price-wise, the flats are priced competitively as it’s in a non-mature estate.
Pros of Choa Chu Kang February BTO 2024
- Close to green spaces
- Close to park connector
- Close to the expressway (benefits drivers)
- Good mix of amenities in the area (but further by foot)
- A good number of primary and secondary schools in the area
- Planned development of the area
- Tranquil location
- Close to Choa Chu Kang town centre and Bukit Panjang
- Good for seniors, singles, couples, and small families
- Lower competition expected
Cons of Choa Chu Kang February BTO 2024
- Far from main transport nodes (MRT and LRT stations) by foot
- Far from the town centre
- Far from the city centre
- May lack the amenities that a mature estate can offer
- Close to the expressway (potential traffic noise)
Location aside, what’s attractive is its proximity to greenery and Johor, affordable flat prices, and good education support. For that, everyone, from seniors and singles to families, will be enticed to ballot for these Choa Chu Kang HDB BTO Feb 2024 flats.
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) 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 Choa Chu Kang February 2024 HDB BTO Flats
Those who are still undecided about the Choa Chu Kang 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 Feb 2024 Hougang Review: Nearer to Upper Paya Lebar and Bartley Road
- HDB BTO Feb 2024 Woodlands Review: Short Bus Ride to Woodlands South MRT Station
- HDB BTO Feb 2024 Bedok Review: Two BTO Projects a Short Bus Ride to Multiple MRT Stations
For more property news, content and resources, check out PropertyGuru’s guides section.
Looking for a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.
Need help financing your latest property purchase? Let the mortgage experts at PropertyGuru Finance help you find the best deals.