Yahoo Finance February 2023 HDB BTO overview: Kallang/ Whampoa, Queenstown, Tengah and Jurong West
February 2023 HDB BTO sales exercise: This time, we have around 4,410 flats available for balloting. Units are spread across four HDB towns: Jurong West, Kallang/ Whampoa, Queenstown and Tengah.
Here’s a TL;DR of the Feb 2023 HDB BTO overview
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Classification | Mature estate | Mature estate | Non-mature estate | |
Number of units | 270 | 1,770 Jalan Rajah: 500 Farrer Park Road: 1,270 | 730 | 1,640 |
Flat types | 3-room, 4-room | Jalan Rajah: 3-room, 4-room Farrer Park Road: 2-room Flexi, 3-room, 4-room | 3-room, 4-room | 2-room Flexi, 3-room, 4-room, 5-room |
Estimated price for a 4-room flat | S$300k – S$360k | S$430k – S$710k | S$550k – S$725k | S$300k – S$390k |
Estimated waiting time | TBC | TBC | TBC | TBC |
Estimated completion date | TBC | TBC | TBC | TBC |
Which February 2023 BTO are PLH projects?
HDB will only reveal this info during the launch. But given the location of the Prime Location Public Housing (PLH) projects launched so far, we predict that the Queenstown BTO and one of the projects at Kallang/ Whampoa will be under this model. This is because both are located in the city fringe and close to the MRT station.
Which February 2023 BTO are offering 5-room flats?
In this launch, 5-room flats will only be available in the Tengah BTO.
As with recent launches in the past few years, projects in the city fringe, such as Queenstown and Kallang/ Whampoa won’t be offering 5-room flats.
If you want to buy a 5-room flat, you can try balloting for the May 2023 BTO. It’s when we’ll also have Bedok and Serangoon BTO projects offering 5-room flats, on top of Tengah.
Alternatively, consider going for resale for a shorter waiting time.
5-room and Executive HDB flats for sale
785D Woodlands Rise
Singapore 734785 · D25
3
2
1,216 sqft
$678,000
157C Rivervale Crescent
Singapore 543157 · D19
3
2
1,205 sqft
$565,000
102C Punggol Field
Singapore 823102 · D19
3
2
1,184 sqft
$638,000
201B Compassvale Drive
Singapore 542201 · D19
3
2
1,184 sqft
$660,000
355 Woodlands Avenue 1
Singapore 730355 · D25
4
2
1,259 sqft
$639,888
452 Sin Ming Avenue
Singapore 570452 · D20
4
4
1,571 sqft
$1,250,000
512 Hougang Avenue 10
Singapore 530512 · D19
3
2
1,302 sqft
$648,000
213A Compassvale Lane
Singapore 541213 · D19
4
2
1,238 sqft
$660,000
475D Upper Serangoon Crescent
Singapore 537475 · D19
4
2
1,205 sqft
$900,000
997C Buangkok Crescent
Singapore 534997 · D19
3
2
1,216 sqft
$730,000
February 2023 HDB BTO Project Summary
(Be sure to bookmark this page too, as we will update it with more information when the February 2023 BTO sales exercise starts.)
**Disclaimer: Walking, public transport ride and driving durations are based on Google Maps estimates. Actual times may vary.
Jurong West February 2023 BTO
Location: Along Jurong West Street 93
Classification: Non-mature estate
Number of units: 270
Flat types: 3-room, 4-room
Estimated waiting time: TBC
Estimated completion date: TBC
The first thing about this Jurong West BTO that caught our eye is that it’s a six-minute walk to Pioneer MRT. It’s a good option if you want an affordable home near the MRT.
At the same time, the BTO plot is along the elevated MRT track of the East-West Line. So it can get a little noisy here, especially if you go for stacks facing the track.
The BTO is also located at the edge of the residential area in the western part of Singapore. So it’s more for those who don’t mind the long travelling time.
Nevertheless, you can find amenities within walking distance of the BTO, with the closest one being Jurong West Sports Centre (a three-minute walk). Meanwhile, Pioneer Mall, Pioneer Polyclinic and the neighbourhood centre at Jurong West Street 91 are around a 10-minute walk.
Here’s an in-depth review of the February 2023 Jurong West BTO.
HDB flats for sale in Jurong West
658D Jurong West Street 65
Singapore 644658 · D22
3
2
1,184 sqft
$558,000
697A Jurong West Central 3
Singapore 641697 · D22
4
2
1,216 sqft
$830,000
166A Yung Kuang Road
Singapore 611166 · D22
3
2
1,216 sqft
$800,000
860 Jurong West Street 81
Singapore 640860 · D22
4
2
1,539 sqft
$799,888
471 Jurong West Street 41
Singapore 640471 · D22
3
3
1,625 sqft
$838,000
673C Jurong West Street 65
Singapore 643673 · D22
3
2
1,184 sqft
$570,000
166A Yung Kuang Road
Singapore 611166 · D22
3
2
1,216 sqft
$700,000
217A Boon Lay Avenue
Singapore 641217 · D22
3
2
1,226 sqft
$720,000
678A Jurong West Street 64
Singapore 641678 · D22
3
2
1,184 sqft
$568,000
166A Yung Kuang Road
Singapore 611166 · D22
4
2
1,216 sqft
$730,000
Kallang/ Whampoa February 2023 BTO
Location:
Along Jalan Rajah
Along Race Course Road, Hampshire Road, Farrer Park Road
Classification: Mature estate
Number of units:
Jalan Rajah: 500
Farrer Park Road: 1,270
Flat types:
Jalan Rajah: 3-room, 4-room
Farrer Park Road: 2-room Flexi, 3-room, 4-room
Estimated waiting time: TBC
Estimated completion date: TBC
Kallang/ Whampoa will have two BTO projects launching in February 2023. One will be at Jalan Rajah, while the other project will be at Farrer Park.
Jalan Rajah BTO
We notice this is one of the sites the government announced in March 2021 that would be cleared for housing. The site was first home to Moulmein Primary School, and last occupied by Global Indian International School before they moved to Punggol.
Another thing about this Jalan Rajah BTO is that while it faces the Kallang River, it also faces the Pan-Island Expressway. Not ideal for those looking for a quiet home.
Its nearest MRT is Toa Payoh MRT at around a 15-minute walk. So despite its city-fringe location, we don’t think it will be a PLH project.
Farrer Park BTO
This is the Farrer Park BTO that the government first announced in April, with plans to integrate the public housing area with sports facilities. Some facilities we can expect include a jogging track, a 1.2-hectare central green space and a multi-purpose sports hall that will be converted from the boxing gym.
We also believe this Farrer Park BTO will be a PLH project. Located right smack between Little India MRT and Farrer Park MRT, it’s around a five-minute walk to both stations.
Another thing to note is that this plot is located right next to Piccadilly Grand, an integrated development launched earlier this year. As of writing, the average price of the condo over the last six months is S$2,109.81 psf.
If you want to buy a home close to the MRT and city centre at an affordable price, this is the BTO to go for.
Here’s an in-depth review of the February 2023 Kallang/ Whampoa BTO.
HDB flats for sale in Kallang/ Whampoa
7 Boon Keng Road
Singapore 330007 · D12
3
3
1,238 sqft
$1,228,888
39 Upper Boon Keng Road
Singapore 380039 · D14
5
2
1,259 sqft
$688,000
3B Upper Boon Keng Road
Singapore 382003 · D14
3
2
1,184 sqft
$880,000
54 Kent Road
Singapore 210054 · D8
3
2
1,270 sqft
$888,000
115 Whampoa Road
Singapore 320115 · D12
4
2
1,334 sqft
$798,000
8B Upper Boon Keng Road
Singapore 382008 · D14
4
2
1,248 sqft
$1,300,000
37 Cambridge Road
Singapore 210037 · D8
3
2
1,292 sqft
$900,000
53 Geylang Bahru
Singapore 330053 · D12
3
2
1,259 sqft
$660,000
7 Boon Keng Road
Singapore 330007 · D12
3
2
1,151 sqft
$1,285,000
38 Jalan Bahagia
Singapore 320038 · D12
2
1
893 sqft
$928,000
Queenstown February 2023 BTO
Location: Along Commonwealth Avenue West and Ghim Moh Link
Classification: Mature estate
Number of units: 730
Flat types: 3-room and 4-room
Estimated waiting time: TBC
Estimated completion date: TBC
This Queenstown BTO is the second project located in Dover Forest after Ulu Pandan Banks that’s just launched in the November 2022 BTO sales exercise. It’s located at the east of Ulu Pandan Banks.
If you want those unblocked views of the landed housing estate across Ulu Pandan Canal, here’s another BTO option to ballot.
Similarly, it’s within walking distance of the Dover MRT, at around an eight-minute walk.
And like the Ulu Pandan Banks BTO, this BTO is ideal for small families with school-going kids. It’s near various schools such as Fairfield Methodist Primary and Secondary, New Town Secondary, School of Science and Technology, Anglo-Chinese JC, Singapore Polytechnic and NUS.
At the same time, we’re 99% certain (pun intended) that this will be a PLH project. So it may not be a suitable home if you’re looking to upgrade in 10 years, given the 10-year Minimum Occupation Period (MOP).
Here’s an in-depth review of the February 2023 Queenstown BTO.
HDB flats for sale in Queenstown
7A Commonwealth Avenue
Singapore 141007 · D3
4
2
1,485 sqft
$1,300,000
52 Stirling Road
Singapore 140052 · D3
3
2
972 sqft
$740,000
21 Holland Drive
Singapore 271021 · D10
3
2
1,259 sqft
$768,000
42A Margaret Drive
Singapore 143042 · D3
3
2
1,194 sqft
$1,500,000
150 Mei Ling Street
Singapore 141150 · D3
4
3
1,572 sqft
$1,328,000
8 Ghim Moh Road
Singapore 270008 · D10
3
2
1,259 sqft
$768,000
149 Mei Ling Street
Singapore 140149 · D3
4
2
1,615 sqft
$1,399,999
7 Ghim Moh Road
Singapore 270007 · D10
3
2
1,280 sqft
$850,000
7 Ghim Moh Road
Singapore 270007 · D10
3
2
1,259 sqft
$700,000
21 Holland Drive
Singapore 271021 · D10
3
2
1,259 sqft
$768,000
Tengah February 2023 BTO
Location: Along Tengah Boulevard, Brickland Crescent
Classification: Non-mature estate
Number of units: 1,640
Flat types: 2-room Flexi, 3-room, 4-room and 5-room
Estimated waiting time: TBC
Estimated completion date: TBC
This Tengah BTO will be the only project in this launch to offer 5-room flats. So here’s where to ballot if you want a bigger home with the most affordable price tag.
More importantly, this BTO falls within 2km radius (1km for some blocks) of ACS (Primary) in Tengah, which will open in 2030. The school will also be a co-ed one, so you can send your kids there regardless of their gender. Given the popularity of the school, you can expect some increase in property price and rental demand in future.
Another thing we notice is that this BTO is located at the north-eastern edge of Tengah, so it’s pretty close to Keat Hong. What this means is that besides the neighbourhood centres in Tengah, you’ll get to enjoy more amenity options nearby. Getting to Keat Hong by bus will also be more convenient through the Transit Priority Corridor.
On the other hand, the BTO is quite far from the MRT, at around a 15-minute walk to Choa Chu Kang West MRT on the upcoming Jurong Region Line and Keat Hong LRT. So you’ll have to rely on the bus to get there.
Here’s an in-depth review of the February 2023 Tengah BTO.
HDB flats for sale near Tengah
250 Choa Chu Kang Avenue 2
Singapore 680250 · D23
4
2
1,313 sqft
$630,000
472 Choa Chu Kang Avenue 3
Singapore 680472 · D23
3
2
1,302 sqft
$650,000
513 Choa Chu Kang Street 51
Singapore 680513 · D23
4
2
1,432 sqft
$630,000
678 Choa Chu Kang Crescent
Singapore 680678 · D23
4
2
1,345 sqft
$600,000
805C Keat Hong Close
Singapore 683805 · D23
3
2
1,216 sqft
$588,000
471 Choa Chu Kang Avenue 3
Singapore 680471 · D23
3
2
1,302 sqft
$618,888
804B Keat Hong Close
Singapore 682804 · D23
3
2
113 sqft
$638,000
345 Choa Chu Kang Loop
Singapore 680345 · D23
4
2
1,334 sqft
$660,000
553 Choa Chu Kang North 6
Singapore 680553 · D23
4
2
1,572 sqft
$705,000
160 Jalan Teck Whye
Singapore 680160 · D23
4
2
1,334 sqft
$660,000
How about the May 2023 HDB BTO?
HDB will only release more information about the May 2023 BTO projects, such as the exact locations and number of units during the February 2023 BTO launch.
For now, we know that 3,800 to 4,800 units will be available in the following estates:
Bedok: 2-room Flexi, 3-room, 4-room, 5-room, 3Gen
Kallang/ Whampoa: 3-room, 4-room
Queenstown: 3-room, 4-room
Serangoon: 4-room, 5-room
Tengah: 2-room Flexi, 3-room, 4-room, 5-room
We’ll do an overview of these projects when HDB releases more information. So watch this space for more updates from us!
Which February 2023 HDB BTO project will you go for? Let us know in the comments section below.
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