Misc100 2 Report post Posted August 27, 2008 474 BTO flats in Bt Panjang HOME buyers are being offered another 474 new flats to choose from, with the launch yesterday of a new Housing Board project in Bukit Panjang. And for the first time, two new rental blocks of about 300 units in total will be built nearby under the same contract as the flats being offered for sale. HDB's latest move to ramp up the building of new flats and rental homes comes after demand soared for both types of flats in the past year. The emphasis in the new project, called Senja Green, is on affordability. Two- to four-room units will be on offer for $82,000 to $270,000. The flats, under HDB's build-to-order scheme, will be built only if a certain level of demand is reached. HDB's latest development brings the number of new flats launched for sale this year to 5,000. It plans to launch 8,400 units by year end. As for rental flats, HDB said it expects to increase its current stock from 42,800 to 49,860 by 2011. The sharp hike in demand for rental flats was flagged by Prime Minister Lee Hsien Loong in his recent National Day Rally speech recently as a worrying trend. To prevent abuse of the rental scheme, National Development Minister Mah Bow Tan announced stricter rules last Saturday (23/8), effective immediately, which will see Singaporeans in desperate need of a home given priority for rental flats. Each month, about 131 tenants give up their flats but 382 people join the queue. In June, 4,387 were on the waiting list. They wait, on average, 18 months for a one-room flat and nine months for a two-room flat. HDB said yesterday the rental flats were included in the same building contract 'for greater economies of scale, amidst rising construction costs'. The launch of Senja Green follows another HDB project in Bukit Panjang town, Segar Meadows, which was launched last November. As at 5pm yesterday, 177 applications had been lodged for the new units. Senja Green is located on Woodlands Road and is bounded by Senja Way and Senja Road. The rental blocks are separate from Senja Green but will also be built on Woodlands Road. The new flats are close to the Ten Mile Junction shopping mall?? and Senja LRT Station as well as West View Primary School and West Spring Secondary School. Residents can also look forward to the Downtown Line 2 in Bukit Panjang, which will be ready in about 2015, HDB said. The 96 two-room flats available at Senja Green will come with a floor area of 47 sq m each. They will be priced between $82,000 and $106,000. The 94 three-room flats will have a floor area of 67 sq m each and cost $138,000 to $170,000. There are also 284 four-room flats of 93 sq m in size, which will go for $211,000 to $270,000. Buyers can opt for ceramic floor tiles and internal timber doors to be installed in their flats, at an additional cost. Interested buyers can apply online at HDB's website www.hdb.gov.sg from now until Sept 8. The selection exercise will start from November. Models of the estates are on display at the HDB Hub Habitat Forum in Toa Payoh until the closing date. For enquiries, the public can e-mail hdbsales@hdb.gov.sg. http://www.straitstimes.com/Breaking%2BNew...ory_272032.html Share this post Link to post Share on other sites
icky 0 Report post Posted August 27, 2008 as of 8am, 27th Aug, number of application for 4-room is 384, while the number of 4-rooms units is 284 Share this post Link to post Share on other sites
Misc100 2 Report post Posted August 27, 2008 as of 8am, 27th Aug, number of application for 4-room is 384, while the number of 4-rooms units is 284 how do you know? Share this post Link to post Share on other sites
icky 0 Report post Posted August 27, 2008 how do you know? http://services2.hdb.gov.sg/webapp/BP13BTO...S?strSystem=BTO The Number of Applications Received is updated at 8 am, 11 am, 2 pm and 5 pm daily. The final update will be on 09 September 2008 at 2.00pm. Allocation of flats is subject to prevailing eligibility conditions, availability of flats and Ethnic Integration Policy. Share this post Link to post Share on other sites
Misc100 2 Report post Posted August 27, 2008 http://services2.hdb.gov.sg/webapp/BP13BTO...S?strSystem=BTO The Number of Applications Received is updated at 8 am, 11 am, 2 pm and 5 pm daily. The final update will be on 09 September 2008 at 2.00pm. Allocation of flats is subject to prevailing eligibility conditions, availability of flats and Ethnic Integration Policy. Interesting to see how many will translate to actual buys.. Share this post Link to post Share on other sites
