Huttons’ comments on HDB Aug BTO launch exercise

The Aug 2021 BTO exercise offers more flats at prime locations. Almost all the BTO projects are within walking distance to an existing or future MRT stations, increasing the attractiveness of the flats.

The two BTO at Tampines are very close to Tampines West MRT and offers views of Bedok Reservoir.

The Kallang/Whampoa BTO is within minutes’ walk to Boon Keng MRT. 5-room DBSS flats have seen their values exceeded $1 million, a good indication of the demand for flats in this area.

Although the Queenstown BTO appears to be far from the Queenstown MRT station, the bus stop at its doorstep can bring residents to either Commonwealth or Queenstown MRT in less than 5 minutes. Some of the flats on higher floors may have unblocked views towards the Greater Southern Waterfront.

The completion period for the BTO projects however are still longer than usual with the Queenstown BTO having a 6 year completion period. This may be a deal breaker for some buyers and they can take a look at the resale market.

• By Huttons Group
• Aug 11, 2021