THE Housing and Development Board (HDB) yesterday launched its 474-unit Senja Green project in Bukit Panjang.
On the market: Senja Green comprises 96 two-room, 94 three-room and 284 four-room apartments. It is bounded by Woodlands and Senja roads and Senja WayThe flats, offered under HDB's build-to-order (BTO) scheme, are among 8,400 BTO units planned for 2008, HDB said.
Senja Green comprises 96 two-room, 94 three- room and 284 four-room apartments.
Two-room flats cost $82,000-$106,000, three- room flats $138,000- $170,000 and four-room flats $211,000-$270,000.
Senja Green is bounded by Woodlands and Senja roads and Senja Way. Come 2015, residents will also be near the upcoming Downtown Line 2 at Bukit Panjang.
Amid rising HDB prices, the BTO scheme offers first- time buyers one of the cheapest options, market watchers say.
The flats are priced a shade lower than nearby resale flats, says Eugene Lim, assistant vice-president of property agency ERA Asia- Pacific.
A four-room resale flat in the area costs about $280,000, he said.
'The new flats offer buyers a variation from previous BTO projects, which have mostly been in areas such as Sengkang and Punggol,' he noted.
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