In line with its plan announced last month to offer another 6,000 flats under the Build-To-Order (BTO) system, the Housing and Development Board (HDB) yesterday launched two new projects comprising 1,122 flats in Damai Grove in Punggol and Jade Spring@Yishun.
Under the BTO system, flats are built only if there is sufficient take-up. With yesterday's launch, the HDB has offered more than 5,900 units of BTO flats this year.
The launch comes a day after the HDB put up for tender a Bishan site for public housing to be built by private developers, as demand for homes continues to swell amid a rising number of new citizens and permanent residents.
Last month, National Development Minister Mah Bow Tan reiterated the Government's commitment to providing a steady supply of new flats to Singaporeans, and keeping them affordable.
Located near Punggol MRT, Damai Grove comprises 62 three-room and 676 four-room flats.
The three-room flats are priced between $123,000 and $152,000, while the four-room flats are between $195,000 and $240,000. Damai Grove is near schools such as Edgefield Primary and Greendale Secondary. Commercial facilities such as a supermarket, retail shops and a childcare centre will also be available to residents.
Situated at the junction of Yishun Ring Road and Yishun Avenue 11 and served by Khatib and Yishun MRT stations, Jade Spring@Yishun consists of 48 three-room and 336 four-room flats.
The three-room flats are priced from $118,000 to $134,000, while the four-room flats are between $183,000 and $246,000. Residents can enjoy recreational activities at Safra Yishun Country Club, Orchid Country Club and Northpoint Shopping Centre. The first hospital in the north, the Khoo Teck Puat Hospital, will be completed in 2010. Schools in the area include Huamin Primary and Northbrooks Secondary.
The monthly household income ceilings for the purchase of the three-room and four-room flats at Damai Grove and Jade Spring@Yishun are $3,000 and $8,000, respectively.
Applicants must also satisfy the other usual eligibility conditions.
The HDB will hold an exhibition for the two projects at HDB Hub from now until Jan 16.Interested applicants can also visit HDB's e-sales website at www.hdb.gov.sg/esales.
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