Two New HDB Projects Launched

Source : TODAY, Friday, October 26, 2007

THE Housing and Development Board (HDB) has launched two more projects — Telok Blangah Towers in Bukit Merah town and Punggol Lodge in Punggol town — under the Build-To-Order System.

A total of 916 new premium and standard flats, comprising studio apartments, 3-room and 4-room flats, are on offer.

At Telok Blangah Towers, an integrated development with 400 premium flats, the 90 studio apartments include elder-friendly features such as grab bars and non-slip flooring.

The project is situated at the junction of Telok Blangah Street 31 and Telok Blangah Drive, near the Bukit Merah Town Centre and the planned MRT stations at Labrador Park and Telok Blangah.

Punggol Lodge, with 516 standard units, is in Punggol East along Punggol Road — near the Punggol MRT, schools and future town centre, as well as within walking distance of the Damai LRT station.

A 4-room premium flat at Telok Blangah Towers is expected to cost between $308,000 and $402,000, while a similar-sized 4-room standard flat will cost $190,000 to $234,000, minus optional components.

For all flats at Telok Blangah Towers, an $8,000 monthly household income ceiling applies. At Punggol Lodge, the usual ceiling of $3,000 for 3-room flats and $8,000 for 4-room flats applies.

An exhibition is now on at the Habitat Forum, HDB Hub. Interested applicants can also log on to www.hdb.gov.sg/esales. Applications close Nov 14.