Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • Bitcoin USD

    64,281.80
    +1,172.87 (+1.86%)
     
  • CMC Crypto 200

    1,379.58
    +66.96 (+5.10%)
     
  • S&P 500

    4,962.53
    -48.59 (-0.97%)
     
  • Dow

    37,912.09
    +136.71 (+0.36%)
     
  • Nasdaq

    15,258.17
    -343.33 (-2.20%)
     
  • Gold

    2,411.00
    +13.00 (+0.54%)
     
  • Crude Oil

    83.17
    +0.44 (+0.53%)
     
  • 10-Yr Bond

    4.6170
    -0.0300 (-0.65%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

HDB BTO Aug 2022 Choa Chu Kang Review: Affordable, Larger Homes Close to Green Spaces

HDB BTO Aug 2022 Choa Chu Kang Review: Affordable, Larger Homes Close to Green Spaces
HDB BTO Aug 2022 Choa Chu Kang Review: Affordable, Larger Homes Close to Green Spaces

Note: The August 2022 BTO applications are now closed. For more information on the upcoming November 2022 BTO launches, read our in-depth review. Alternatively, find out more about the upcoming HDB SBF (Sale of Balance Flats) exercise in November.

Choa Chu Kang is another ‘ulu’ neighbourhood in the north-western corner of Singapore. However, flats in this non-mature estate tend to be more affordable, and there’s more space for HDB to build 5-room units for larger families.

There are seven projects available in the August BTO 2022 launch. Four are in mature estates and three are in non-mature estates. For the Keat Hong Grange Choa Chu Kang August 2022 HDB BTO launch, there is a total of 987 units up for grabs.

ADVERTISEMENT

Moreover, up to 10% of the flats offered in the HDB BTO Aug 2022 launches will be put aside for the Resettlement, Relocation, Selective En Bloc Redevelopment Scheme (SERS) and Tenants’ Priority Scheme for qualified households, including residents affected by SERS. Residents will also be able to apply for the Central Weave @ AMK BTO project in Ang Mo Kio, Keat Hong Grange BTO project in Choa Chu Kang, Woodlands South Plains BTO project in Woodlands, and Sun Plaza Spring BTO project in Tampines.

The Choa Chu Kang August 2022 BTO project site is within the Keat Hong cluster. As expected, it has “Keat Hong” in its project name, just like its August 2020 neighbour, Keat Hong Verge (a smaller BTO launch with just 571 units), and the surrounding projects, Keat Hong Mirage, Keat Hong Colours and so on. This is because the whole neighbourhood is sitting on top of the former Keat Hong Camp I & II.

Keep reading to find out more about the Keat Hong Grange August 2022 BTO launch.

HDB BTO Aug 2022 Choa Chu Kang BTO Map (Keat Hong Grange)

Location of Keat Hong Grange Aug 2022 Choa Chu Kang BTO flats, bounded by Choa Chua Kang Avenue 7, Choa Chu Kang Grove, and Keat Hong Link. Source: HDB
Location of Keat Hong Grange Aug 2022 Choa Chu Kang BTO flats, bounded by Choa Chua Kang Avenue 7, Choa Chu Kang Grove, and Keat Hong Link. Source: HDB

Want to live in Choa Chu Kang without having to wait for an HDB BTO flat to be built? Check out the latest Choa Chu Kang resale flat listings on PropertyGuru.

Keat Hong Grange Choa Chu Kang HDB BTO Location (HDB BTO Aug 2022 Launch)

HDB BTO August 2022 Choa Chu Kang launch

Keat Hong Grange

Address

Bounded by Choa Chu Kang Avenue 7, Keat Hong Link and Choa Chu Kang Grove

Nearest MRT

Keat Hong LRT station, connected to Choa Chu Kang MRT station (North South Line; upcoming Jurong Region Line) and Bukit Panjang MRT station (Downtown Line)

Nearest bus interchange

Choa Chu Kang bus interchange

Nearest schools

Little Footprint Preschool, ITE College West, Delta Senior School (Special Education), My First Skool, PCF Sparkletots Preschool, Chua Chu Kang Primary School, Chua Chu Kang Secondary School, Teck Whye Primary School, Teck Whye Secondary School, South View Primary School, Jurong Pioneer Junior College, South View Primary School & Upcoming MK@South View

Other nearby amenities

Bukit Batok Fire Station, Keat Hong Garden, Block 253 Choa Chu Kang Market & Food Centre, Esso Choa Chu Kang Way, Proposed Health & Medical Care Facility, Proposed Civic & Community Institution, Proposed Chinese Temple, Church (under construction), Keat Hong Shopping Centre, Children & Youth Complex/Home for the Aged, Tembusu Park, Choa Chu Kang Community Club, Choa Chu Kang Polyclinic, Teck Whye Shopping Centre, Pang Sua Park Connector, Lot One Shoppers’ Mall, Choa Chu Kang Public Library

The HDB BTO August 2022 Keat Hong Grange project is bounded by Choa Chu Kang Avenue 7, Keat Hong Link and Choa Chu Kang Grove. The Kranji Expressway is also a short drive away.

Getting downtown fast can be a slight challenge for those taking public transport, as they’ll first need to get to either Choa Chu Kang MRT station on the North-South Line (where the Choa Chu Kang bus interchange is located) or Bukit Panjang MRT station on the Downtown Line via Keat Hong LRT station.

The August 2022 HDB BTO in Choa Chu Kang is an estimated five-minute walk from Keat Hong LRT station. From here, it is two stops to the main Choa Chu Kang MRT station, which will serve as an interchange for the upcoming Jurong Region Line.

The MRT line will not only serve the upcoming Tengah HDB estate but also improve connectivity to the Jurong Industrial Estate, Jurong Innovation District and Nanyang Technological University (NTU). The Jurong Region Line opens in 2027 and becomes fully operational by 2029.

The Keat Hong Grange August 2022 BTO site is relatively close to amenities and schools, with more in the pipeline. Of note are ITE College West, Jurong Pioneer Junior College, Delta Senior School for those with special education needs, a small town centre near Keat Hong shopping centre, green spaces including a park connector, and an upcoming health and medical care facility.

Closer to Choa Chu Kang MRT station, which is an LRT ride away, are Lot One Shoppers’ Mall and Choa Chu Kang Public Library.

Keat Hong Grange Choa Chu Kang HDB BTO Price (HDB BTO August 2022 Launch)

Unit type

Keat Hong Grange BTO Price (HDB BTO August 2022)

Previous Choa Chu Kang BTO Price (HDB BTO Nov 2021)

Previous Choa Chu Kang BTO Price (HDB BTO May/Aug 2020)

Previous Choa Chu Kang BTO Price (HDB BTO Feb 2018)

Median resale flat prices in the area (Q2 2022)

2-room Flexi

From $102,000

From $72,000

From $99,000

From $89,000

3-room

From $194,000

From $164,000

From $182,000

$400,000

4-room

From $277,000

From $253,000

From $250,000

$485,000

5-room

From $390,000

$571,000


The Keat Hong Grange launch is the most affordable project in the HDB BTO August 2022 exercise. That’s because Choa Chu Kang is a non-mature estate and is some distance from Singapore’s city centre.

Looking at past application rates, 727 people vied for the 68 2-room Flexi units when Heart of Yew Tee BTO was launched. For February’s HDB BTO launch, Teck Whye View flats saw 2,400 people going for 322 units, with Choa Chu Kang emerging as the surprising star of the launch.

[ArticleCallout]{ “title”: “Non-mature vs Mature BTO Estates: We Ask 8 Singaporeans Which is Better”, “excerpt”: “Debating between a non-mature and a mature estate? Here’s what 8 Singaporeans think.”, “link”: “https://www.propertyguru.com.sg/property-guides/non-mature-vs-mature-bto-55760”, “image”: “https://img.iproperty.com.my/angel-legacy/1110×624-crop/static/2021/09/non-mature-vs-mature-bto.jpg” } [/ArticleCallout]

For this August 2022 HDB BTO launch, the same story might play out, especially since there are 5-room units this time around. This means a lot for larger households looking for a flat in the Choa Chu Kang area. The previous appearance of new 5-room flats in Choa Chu Kang was around May 2013, with the launch of Keat Hong Crest.

According to the HDB resale flat prices in Singapore by estate for Q2 2022, the median resale prices of 3-, 4-, and 5-room flats were $400,000, $485,000, and $571,000, respectively. Future residents can expect good capital gains if they choose to sell their flat after the 5-year Minimum Occupation Period (MOP).

Budgeting for Your Choa Chu Kang August 2022 BTO Home Loan

Before you apply for the Keat Hong Grange flats, it’s always a good idea to do your due diligence and budget for your new home before balloting.

HDB BTO August 2022 Keat Hong Grange unit type

Price

If you take an HDB loan (at 2.6% p.a., 85% LTV)

If you take a bank loan (at 2.3% p.a., 75% LTV)

2-room Flexi

$102,000

$15,300 downpayment, estimated $393 monthly mortgage repayments

$25,500 downpayment, estimated $353 monthly mortgage repayments

3-room

$194,000

$29,100 downpayment, estimated $748 monthly mortgage repayments

$48,500 downpayment, estimated $638 monthly mortgage repayments

4-room

$277,000

$41,550 downpayment, estimated $1,068 monthly mortgage repayments

$69,250 downpayment, estimated $911 monthly mortgage repayments

5-room

$390,000

$58,500 downpayment, estimated $1,504 monthly mortgage repayments

$97,500 downpayment, estimated $1,283 monthly mortgage repayments

In the table above, we have used the lowest starting price estimates, but your actual price will vary depending on the unit you select. All prices stated here exclude CPF housing grants.

For the purposes of this illustration, we’ve assumed an interest rate of 2.6% and an LTV of 85% for the HDB loan. For the bank loan, we’ve used 75% LTV and an interest rate of 2.3%, which is the lowest applicable rate on PropertyGuru Finance at the time of writing.

The above illustrations are based on a loan tenure of 25 years. However, if you can afford it, you can opt for a shorter loan tenure, which will enable you to become debt-free faster.

If you need a more precise estimate, use our affordability calculator to work out how much you will need to pay. If you require personalised assistance with financing and home loans, don’t hesitate to get in touch with one of our PropertyGuru Finance mortgage experts.

Keat Hong Grange Choa Chu Kang BTO Amenities (HDB BTO August 2022 Launch)

Short Walk to Keat Hong LRT Station

The upcoming Keat Hong Grange BTO project is a 5-minute walk to Keat Hong LRT station, which connects to Choa Chu Kang MRT station and Bukit Panjang MRT station. Connectivity isn’t great now, but from 2027, when the Jurong Region Line opens progressively, residents will be able to connect from Choa Chu Kang to Boon Lay and Jurong East.

Close to Choa Chu Kang’s Town Centre

From the Choa Chu Kang HDB BTO August 2022 site, it’s also a short walk to Keat Hong shopping centre and the Block 253 Choa Chu Kang Market & Food Centre. To get to Lot One Shoppers’ Mall and the Choa Chu Kang Public Library, residents can take 2 LRT stops to Choa Chu Kang MRT.

Future residents can also enjoy the amenities and malls of nearby Bukit Panjang, which is also accessible via the same LRT line. In the future, residents can also easily access Tengah’s ‘car-free’ town centre too.

Verdant Spaces and a Park Connector

The Keat Hong Grange BTO site is near some greenery, including Keat Hong Garden, Tembusu Park and the 6km-long Pang Sua Park Connector, which bisects Choa Chu Kang from Bukit Panjang. Whether they’re walking, jogging or cycling, residents can get to Zhenghua Park along Bukit Panjang Road, enjoy the scenic Pang Sua Canal, and pass by Ten Mile Junction and Bukit Panjang Plaza before ending at Villa Verde Park in Choa Chu Kang Way along the Rail Corridor. The Pang Sua PCN is part of the Western Adventure Loop.

In addition, when the Tengah HDB town launches, Choa Chu Kang residents can enjoy the landscaped green features, many community garden plots and car-lite friendly features of this neighbouring town.

Good Mix of Schools, Existing and Upcoming Amenities, Developments

Aside from the upcoming Jurong Region Line, other developments in the area include the projects in the Jurong Industrial Estate and Jurong Innovation District. Currently, there is also a good mix of amenities in the area, including the Bukit Batok Fire Station, petrol station Esso at Choa Chu Kang Way, Children & Youth Complex/Home for the Aged Choa Chu Kang Community Club and Choa Chu Kang Polyclinic.

In the pipeline are a proposed health and medical care facility, a proposed civic and community institution, a proposed Chinese temple, and a church that’s under construction.

For those with school-going children, they will be pleased with the good mix of schools for all levels in Choa Chu Kang. Parents with older children heading to university will be close to NTU, while those in the education sector can also travel there easily for work.

Additionally, the Keat Hong Grange Choa Chu Kang August 2022 HDB BTO site will be just beside Keat Hong Verge. Residents can easily access amenities there, which include access to a childcare centre.

Conclusion: Is Keat Hong Grange (August 2022 Choa Chu Kang HDB BTO) Worth Balloting For?

Those with smaller budgets or families looking for a larger home would be keen to pick the HDB August 2022 Choa Chu Kang BTO flats. They can enjoy the amenities of Choa Chu Kang as well as that of neighbouring towns. Transport links will only improve, once the Jurong Region Line starts running. These Choa Chu Kang flats also have a comparatively shorter wait time of 43 months.

Pros of Keat Hong Grange (August 2022 Choa Chu Kang HDB BTO)

  • Affordable

  • 5-room units available

  • Short walk to Keat Hong LRT station

  • Near to Pang Sua PCN and other green lungs

  • Good variety of amenities in the area with more upcoming

  • Accessibility to Bukit Panjang town and the upcoming Tengah town

  • Good connectivity for those looking to work in the west

  • Close to Kranji Expressway

Cons of Keat Hong Grange (August 2022 Choa Chu Kang HDB BTO)

  • Far from city centre

  • Need to take the LRT to get to an MRT station or interchange

  • Still a developing town, with fewer amenities and transport links

Not sure if you should ballot for the Keat Hong Grange HDB BTO Aug 2022 Choa Chu Kang flats? Read about the other BTO 2022 launches in August 2022 below:

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

Are you looking to buy a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.

Already found a new home? Let PropertyGuru Finance’s home finance advisors help you with financing it.

This article was written by Mary Wu, who hopes to share what she’s learnt from her home-buying and renovation journey with PropertyGuru readers. When she’s not writing, she’s usually baking up a storm or checking out a new cafe in town.