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HDB BTO Oct 2023 Kallang/Whampoa Review: 3 BTO Sites Near Geylang and Toa Payoh

HDB BTO Oct 2023 Kallang/Whampoa Review: 3 BTO Sites Near Geylang and Toa Payoh
HDB BTO Oct 2023 Kallang/Whampoa Review: 3 BTO Sites Near Geylang and Toa Payoh

Note: The HDB BTO Oct 2023 launches have been released. The application deadline will close on 10 October 2023, 11.59pm.

In the October 2023 BTO launch, there will be three Kallang/Whampoa BTO projects: Rajah Residences, Tenteram Vantage, and Verendah @ Kallang. A bumper crop of 2,922 2-room Flexi, 3-room, and 4-room BTO flats will be up for grabs in the Oct 2023 BTO launch.

While the Kallang/Whampoa launch will be a huge one there will be no 5-room BTO flats available. So, larger households might have to consider other estates. Another thing to note: the Verandah @ Kallang Kallang/Whampoa October 2023 BTO project falls under the Prime Location Public Housing (PLH) model.

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2023 is shaping up to be a jackpot year for those who are set on securing a BTO flat in a mature estate. If you’re interested in securing a Kallang/Whampoa BTO flat, read on to find out more about these three October 2023 BTO launches.

Not Sure How to Apply for a BTO Flat in Singapore? Watch our Video

PS: You’ll need to have a valid HDB Flat Eligibility (HFE) letter when applying for the October 2023 BTO launches. It pays to be ‘kanchiong’ and apply early (we’re talking two months beforehand), as processing times may be longer during months when HDB receives heavier application volumes.

Tenteram Vantage Kallang/Whampoa October 2023 BTO Map

Location of Tenteram Vantage Oct 2023 BTO Kallang/Whampoa flats, located at Jalan Tenteram and along the Kallang River. Source: HDB
Location of Tenteram Vantage Oct 2023 BTO Kallang/Whampoa flats, located at Jalan Tenteram and along the Kallang River. Source: HDB

Tenteram Vantage Kallang/Whampoa October 2023 BTO Site Review

Name of the Kallang/Whampoa HDB BTO October 2023 project

Tenteram Vantage

Address

At Jalan Tenteram and along the Kallang River

Unit mix

3-room and 4-room

Price

From $339,000 (3-room), from $488,000 (4-room)

Nearest MRT station

Boon Keng MRT station

Nearest amenities

The Poiz Centre, The Venue Shoppes, Toa Payoh Sports Hall, Toa Payoh Swimming Complex, Toa Payoh Public Library, SAFRA (Toa Payoh), Shaw Plaza, Balestier Plaza, Zhongshan Mall, Whampoa Food Centre, Toa Payoh Town Park

Nearby schools

Bendemeer Primary School, Hong Wen School, St Joseph’s Institution Junior, SJI International School, St Andrew’s Secondary School, St Andrew’s Junior School

There are two sites located close to the PIE, near Toa Payoh in the north of the Kallang/Whampoa area: Tenteram Vantage and Rajah Residences. Let’s dive into the Tenteram Vanatage Kallang/Whampoa 2023 BTO launch first.

Of the three launches, the Tenteram Vantage BTO site is the least accessible. This October 2023 BTO launch is a 21-minute walk from Boon Keng MRT station on the North-East line, meaning you’ll likely have to take a bus to be connected to the MRT network. Potong Pasir MRT station is nearby to the Tenteram Vantage site, but due to the layout of the PIE, you will have to walk a distance to get to it.

Those with school-going children will be pleased to know there are several options nearby, such as St. Andrew’s Secondary School, St. Andrew’s Junior School, and St. Andrew’s Junior College. There are only 3-room and 4-room units available for the Tenteram Vantage project, which means it is more suited for smaller families.

Rajah Residences Kallang/Whampoa October 2023 BTO Map

Location of Rajah Residences Oct 2023 BTO Kallang/Whampoa flats, bounded by Jalan Rajah and Kim Keat Road. Source: HDB
Location of Rajah Residences Oct 2023 BTO Kallang/Whampoa flats, bounded by Jalan Rajah and Kim Keat Road. Source: HDB

Rajah Residences Kallang/Whampoa October 2023 BTO Site Review

Name of the Kallang/Whampoa HDB BTO October 2023 project

Rajah Residences

Address

Bounded by Jalan Rajah and Kim Keat Road

Unit mix

2-room Flexi and 4-room

Price

From $176,000 (2-room Flexi), from $480,000 (4-room)

Nearest MRT station

Toa Payoh MRT station

Nearest amenities

Toa Payoh Sports Hall, Toa Payoh Swimming Complex, Toa Payoh Public Library, SAFRA (Toa Payoh), Shaw Plaza, Balestier Plaza, Zhongshan Mall, Balestier Point

Nearby schools

Bendemeer Primary School, Hong Wen School, St Joseph’s Institution Junior, SJI International School, St Andrew’s Secondary School, St Andrew’s Junior School, St Andrew’s Junior College

Of the two sites closer to Toa Payoh, the Rajah Residences BTO site is slightly more accessible to its nearest MRT station. The Rajah Residences Kallang/Whampoa October 2023 BTO site is located about a 13-minute walk from Toa Payoh MRT station on the North-South Line.

If you like living on a high floor, you’ll be glad to know that the Rajah Residences blocks will range between 32 to 40 storeys. Future residents of this Kallang/Whampoa October BTO launch will enjoy easy access to the popular eateries and amenities in the Toa Payoh area like Toa Payoh Swimming Complex and SAFRA Toa Payoh.

Rajah Residences is a 13-minute walk from Tenteram Vantage. As they sit in the same neighbourhood, the amenities and facilities future residents can access are similar. Again, with only 2-room Flexi units and 4-room units available for the Rajah Residences site, this launch is more suited for smaller families.

Verandah @ Kallang Kallang/Whampoa October 2023 BTO Map

Location of Verandah @ Kallang Oct 2023 BTO Kallang/Whampoa flats, bounded by Geylang Road, Sims Way, Kallang Airport Way, and Kallang Airport Drive. Source: HDB
Location of Verandah @ Kallang Oct 2023 BTO Kallang/Whampoa flats, bounded by Geylang Road, Sims Way, Kallang Airport Way, and Kallang Airport Drive. Source: HDB

Verandah @ Kallang Kallang/Whampoa October 2023 BTO Site Review

Name of the Kallang/Whampoa HDB BTO October 2023 project

Verandah @ Kallang

Address

Bounded by Geylang Road, Sims Way, Kallang Airport Way, and Kallang Airport Drive

Unit mix

2-room Flexi, 3-room, and 4-room

Price

From $193,000 (2-room Flexi), from $368,000 (3-room), from $535,000 (4-room)

Nearest MRT station

Kallang MRT station

Nearest amenities

Geylang West Community Club, Singapore Sports Club, Leisure Park Kallang, Kallang Wave Mall, Singapore Indoor Stadium, Kallang Squash & Tennis Centre, Kallang Netball Centre, and Kallang Riverside Park

Nearby schools

Dunman High School, Bendemeer Primary School, and Hong Wen School

Of the three Kallang/Whampoa October BTO sites, the Verandah @ Kallang BTO flats enjoy the most attractive location, which is no wonder that it falls under the PLH scheme. Bounded by Geylang Road, Sims Way, Kallang Airport Way, and Kallang Airport Drive, the Verandah @ Kallang BTO site is just a six-minute walk from Kallang MRT station, which takes you to Raffles Place MRT station in a mere seven minutes via the East-West Line.

Other than its exceptional connectivity, another of the Verandah @ Kallang BTO launch’s strengths is its proximity to the many sporting amenities in Kallang, including Singapore Sports Hub, Singapore Indoor Stadium, Kallang Squash & Tennis Centre, and Kallang Netball Centre. In addition, Leisure Park Kallang is about 20 minutes away by foot. The mall has an ice skating rink and bowling alley. Another nearby mall, Kallang Wave Mall, is equipped with an indoor rock climbing wall.

Foodies also have a wealth of options to choose from. This Kallang/Whampoa October BTO site is bounded by Geylang Road, which leads to the heart of Geylang with its many local eateries. Whether you want to eat frog porridge or seafood, you’ll find something to your taste.

All in all, for those who wish to live near the city centre in a vibrant mature estate, the Verendah @ Kallang launch is a dream come true. The only downside? Verandah @ Kallang falls under the PLH model due to its fantastic location and there are few schools around the area. The smaller BTO flats offered in this launch may also make it more suitable for smaller families.

Kallang/Whampoa HDB BTO Price (HDB BTO October 2023 Launch)

Unit type

Kallang/Whampoa BTO Price (HDB BTO October 2023)

Previous Kallang/Whampoa BTO Price (HDB BTO May 2023)

Previous Kallang/Whampoa BTO Price (HDB BTO February 2022)

Median resale flat prices in the area (Q2 2023)

2-room flexi

From $176,000

3-room

From $368,000

From $362,000

$356,000 to $449,000

$383,000

4-room

From $480,000

From $505,000

$484,000 to $631,000

$778,900

The Kallang/Whampoa flats are on the city fringe, but you’ve got to pay for the privilege of living there. In other words, expect them to be expensive!

According to HDB’s resale statistics for Q2 2023, the median price for 3-room HDB resale flats in Kallang/Whampoa was $383,000, while that for 4-room HDB resale flats was $778,900.

While the price for 3-room resale flats in Kallang/Whampoa does not seem that high compared to the BTO prices, bear in mind that many of the recent resale flats were older ones. New resale flats still command a high premium, which explains the much higher prices for 4-room resale flats in the neighbourhood.

The Verandah @ Kallang BTO site falls under the PLH model. That said, it remains to be seen how the PLH model will affect future resale prices.

Budgeting for Your Kallang/Whampoa October BTO Home Loan

HDB BTO October 2023 Kallang/Whampoa unit type

Price

If you take an HDB loan (at 2.6% p.a., 80% LTV)

If you take a bank loan (at 3.6% p.a., 75% LTV)

3-room

$368,000

$73,600 down payment, estimated $1,336 monthly mortgage repayments

$95,000 down payment, estimated $1,397 monthly mortgage repayments

4-room

$480,000

$96,000 down payment, estimated $1,742 monthly mortgage repayments

$120,000 down payment, estimated $1,822 monthly mortgage repayments

Higher-than-average prices are expected for the Kallang/Whampoa BTO flats, so proper financial planning is doubly important before you commit to a purchase.

In the table above, we have used the lowest starting prices, but your actual price will vary depending on the unit you select. All prices stated here exclude CPF Housing Grants. As the three BTO sites in Kallang/Whampoa differ quite a bit in terms of location, expect pricing to vary between the sites as well.

We have used an interest rate of 2.6% and a Loan-to-Value limit (LTV) of 80% for the HDB loan examples and an interest rate of 3.6% and an LTV of 75% for the bank loan examples. The above estimates are for a 25-year loan. You are, of course, free to opt for a shorter loan if you are able to pay higher monthly instalments.

For more precise calculations, you can turn to our affordability calculator to work out the monthly instalments for your own loan. In addition, our PropertyGuru Finance Mortgage Experts are always ready to offer personalised assistance for your specific situation, so do not hesitate to get in touch.

Kallang/Whampoa BTO Amenities (October 2023 Launch)

Within Walking Distance of an MRT Station

Verandah @ Kallang is located only a six-minute walk from Kallang MRT station, while Rajah Residences is a 13-minute walk from Toa Payoh MRT station.

Tenteram Vantage is an under-15-minute commute by foot and bus to both Boon Keng and Potong Pasir MRT stations.

Near a Wealth of Sporting Amenities

The Verandah @ Kallang BTO site enjoys particularly close proximity to the many sporting amenities in Kallang, including Singapore Sports Hub, Singapore Indoor Stadium, Kallang Squash & Tennis Centre, Kallang Netball Centre, Leisure Park Kallang, and Kallang Wave Mall.

Meanwhile, future residents of the Tenteram Vantage and Rajah Residences sites can head to Toa Payoh Sports Hall and Toa Payoh Swimming Complex, or take a walk along the Kallang River.

Many Good Food Options

All three BTO sites enjoy proximity to established and well-loved local food options. The Verandah @ Kallang site is close to Kallang MRT station and is a stone’s throw from the many popular food stalls in the Geylang area.

The Rajah Residences and Tenteram Vantage BTO sites are near Toa Payoh Central, a bustling area with many eateries. There are also nearby hawker stalls in the Jalan Tenteram and Potong Pasir neighbourhoods.

Conclusion: Is the October 2023 Kallang/Whampoa BTO Worth Balloting for?

If you prefer to live in a mature estate with established amenities, any of the three sites will be ideal for you. However, if proximity to the city centre is the number one factor influencing your decision, the Verandah @ Kallang BTO site will be give you the best connectivity; the only thing to note is that this Kallang/Whampoa October BTO site falls under the PLH model.

Pros of Kallang/Whampoa October BTO 2023 Launches

  • City fringe location, Verandah @ Kallang BTO site is within walking distance of an MRT station

  • Mature estate with established amenities

  • Many sporting and leisure facilities in the area

  • Rajah Residences and Tenteram Vantage BTO sites are close to various choice schools

  • Good food options galore

Cons of Kallang/Whampoa October BTO 2023 Launches

  • 5-room BTO flats not available

  • More expensive

  • Verendah @ Kallang site falls under the PLH model

  • Living at the Rajah Residences and Tenteram Vantage BTO sites requires you to take a short bus ride to the nearest MRT stations

Want to live in Kallang/Whampoa without waiting for an HDB BTO flat? Check out the latest Kallang/Whampoa resale flat listings on PropertyGuru.

New Changes to BTO Application Process from Oct 2023 Launch Onwards

Aside from having to present a valid HFE letter when applying, there are several changes that will come into effect from the October BTO 2023 launch onwards.

First-timer BTO applicants who reject their BTO ballots will be considered second-timer applicants for a year. In their second BTO application, if they reject another BTO ballot, they won’t be able to apply for a BTO flat in the following year. So be sure you do want a BTO flat when you apply.

Additionally, the Family and Parenthood Priority Scheme (FPPS) will officially replace the Parenthood Priority Scheme (PPS). This change will include a new applicant priority subset, the First-timer (Parents and Married Couples) category, also known as FT(PMC). Up to 40% of BTO flats will be reserved for eligible FT(PMC) applicants.

Lastly, if you are an FT(PMC) who was unsuccessful for two or more tries (in a non-mature estate), you will receive one additional chance per subsequent application. This rule was introduced to aid those unsuccessful in repeated balloting attempts.

Read Our Other Upcoming October 2023 BTO Launch Reviews

While you think about the Kallang/Whampoa and other October BTO projects, do also consider applying for a Sale of Balance Flats (SBF) unit or Open Booking of Flats (OBF) unit, two alternative comparable HDB flat types with attractive qualities, respectively.

For more property news, content and resources, check out PropertyGuru’s guides section.

Looking for a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.

Need help financing your latest property purchase? Let the mortgage experts at PropertyGuru Finance help you find the best deals.