Didn’t manage to get a ballot number in the last HDB BTO Launch? Fret not. Once again, it is that time of the year for couples to start applying for a new HDB BTO launch in hope of getting your dream home. If you are one of those couples checking out your BTO options in August, here’s iCompareLoan’s exclusive analysis and insight into the upcoming HDB BTO launch.
In this article, we break down the BTO options to help you make the best decision for your dream home.
August 2019 BTO: Breaking Down The Options For Couples Who Are Looking For A Home
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HDB BTO Launch: Punggol
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Picture 1: Punggol HDB BTO launch map (Source: HDB)
Best Suited For (Soon-To-Be) Parents
Once again, another HDB BTO launch in Punggol has claimed the title of being THE best project for couples entering parenthood. In the upcoming HDB BTO launch in Punggol, there are plenty of schools around the development for parents to take your pick from. From the upcoming mega child care centre (by 2020) to a plethora of primary and secondary schools, you are a short drive away from your child’s future school.
Plus, with the Singapore Institute of Technology (SIT) campus set to be built in the future Punggol Digital District, Punggol satisfies almost all of your child’s educational needs. The only educational institute that is missing is a Polytechnic/Junior College and things will be perfect.
Best Suited For Couples Involved In The Digital Economy
Another group of couples who will find the Punggol HDB BTO launch endearing are those involved in the digital economy. The Punggol Digital District has already been announced few years ago and is currently under development. Once the Punggol Digital District is ready, it will have a business park that houses companies in digital growth sectors like cyber security and digital technology. If you and/or your spouse are involved in the digital economy, the Punggol Digital District could be your future workplace. Successful application for this Punggol HDB BTO launch will put you within minutes of commute to your future workplace (i.e. the Punggol Digital District).
Nearest MRT | Punggol Point LRT Station, Punggol MRT Station, Punggol Coast MRT Station (u/c) |
Nearest shopping mall | Punggol Waterway Point, Northshore Plaza (u/c) |
Nearby amenities | The Punggol Settlement, Punggol Point Park, Coney Island, Sengkang General Hospital, Punggol Heritage Trail (u/c) |
Schools in the area | Punggol View Primary School, Punggol Cove Primary School, Oasis Primary School, Waterway Primary School, Horizon Primary School, Punggol Secondary School, Greendale Secondary School, Mee Toh School, Edgefield Secondary School, Punggol Green Primary School
(Future) Mega Child Care Centre (to be ready by 2020) |
Commute time to City Hall MRT | 60 minutes |
Commute time to nearest shopping mall | 17 minutes |
Types of flats offered | 2R Flexi, 3R, 4R, 5R |
Estimated number of units | 2,710 |
Table 1: Amenities of Punggol HDB BTO launch
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HDB BTO Launch: Tampines
Picture 2: Tampines HDB BTO launch map (Source: HDB)
Gateway To The East’s Education Institutes
In terms of location, this Tampines HDB BTO launch isn’t the most ideal one. This is especially when this BTO project lies almost on the outskirts of the Tampines estate. But here’s the consolation: This Tampines HDB BTO launch is located in the right spot as a gateway to the East’s education institutes from primary schools to tertiary institutes. The commute time from this Tampines HDB BTO launch location to any of the education institutes will be within an hour. It will give you the assurance to let your child learn to take public transport to school from young.
Price Appreciation From Future Development In The Tampines North Region
With the Tampines central region approaching development saturation, the government is expected to continue further develop the Tampines North region. So far, Tampines North MRT station has already been planned in the vicinity of this Tampines HDB BTO launch location. According to the Land Transport Authority, the Tampines North MRT will be ready by 2030.
If you are planning to apply for this HDB BTO launch in Tampines, you can expect future development in this area to ramp up in the next few years as the time of completion of the Tampines North MRT draws closer. The Tampines North MRT will be within walking distance of this Tampines HDB BTO launch location. This will positively affect the price appreciation of the housing within the vicinity of the Tampines North MRT.
Nearest MRT | Tampines MRT
Tampines North MRT (u/c) |
Nearest shopping mall | Elias Mall, White Sands, Century Square, Tampines Mall, Tampines One, Our Tampines Hub |
Nearby amenities | IKEA, Giant Hypermarket, Courts Megastore, |
Schools in the area | Elias Park Primary School, Park View Primary School, Meridian Primary School, Poi Ching School, Casuarina Primary School, Gongshang Primary School
Meridian Secondary School, Hai Sing Catholic School, Loyang Secondary School, Dunman Secondary School, East View Secondary School Tampines Meridian JC, Tampines JC Temasek Polytechnic Singapore University of Technology and Design |
Commute time to City Hall MRT | 55 minutes |
Commute time to nearest shopping mall | 21 minutes |
Types of flats offered | 4R, 5R |
Estimated number of units | 640 |
Table 2: Amenities of Tampines HDB BTO launch
Choosing the right HDB BTO launch is the first step to getting your dream home. But it is also important to make sure that you are making the right decision with your choice of home loan. Making the wrong home loan choice can be financially disastrous to your dream home ambition.
Have a chat with iCompareLoan to find out what should homeowners consider when choosing a home loan to avoid making a costly mistake.