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HDB BTO Aug 2022 Woodlands Review: Right Beside Woodlands South MRT Station on the Thomson-East Coast Line

·11-min read
HDB BTO Aug 2022 Woodlands Review: Right Beside Woodlands South MRT Station on the Thomson-East Coast Line
HDB BTO Aug 2022 Woodlands Review: Right Beside Woodlands South MRT Station on the Thomson-East Coast Line

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.

Woodlands has always been known as the HDB estate near the Causeway, with many commenting that it’s so close to Malaysia their phone network often goes into roaming mode (for legal purposes, this is a joke).

However, with the new developments such as the new Thomson-East Coast Line (TEL) and the Johor Bahru – Singapore Rapid Transit System Link that’s coming up by end-2026, there has been a growing interest in Woodlands.

Named Woodlands South Plains, the HDB BTO August 2022 Woodlands launch will have a total of 630 units, spread across 2-room Flexi, 3-room and 4-room flats. The site is right beside the Woodlands South MRT station on the TEL, which means residents get an alternative and possibly speedier route to town.

Additionally, Ang Mo Kio residents affected by the Selective En Bloc Redevelopment Scheme (SERS) will now have the option to apply for a BTO flat. Under the Resettlement, Relocation, Sers and Tenants’ Priority Scheme, 10% of the BTO flats offered will be set aside for eligible households. Residents can apply for the Central Weave @ Ang Mo Kio BTO project, Choa Chu Kang’s Keat Hong Grange BTO project, Woodlands South Plains BTO project in Woodlands, and Sun Plaza Spring BTO project in Tampines.

[ArticleCallout]{ “title”: “HDB Ang Mo Kio SERS (2022): What Singaporeans Are Angry About and Why”, “excerpt”: “To find out the ground sentiments of Singaporeans and SERS, we’ve trawled the Facebook comment section of news articles to suss out what Singaporeans are angry/unhappy about regarding the AMK SERS and the reasons for their furore.”, “link”: “https://www.propertyguru.com.sg/property-guides/hdb-amk-sers-feedback-comments-68536”, “image”: “https://img.iproperty.com.my/angel/1110×624-crop/wp-content/uploads/sites/3/2022/08/AMK-SERS-angry-singaporean-feedback.jpg” } [/ArticleCallout]

Now let’s take a closer look at the Aug BTO 2022 Woodlands South Plains project.

HDB BTO August 2022 Woodlands BTO Map (Woodlands South Plains)

Location of Woodlands South Plains Aug 2022 Woodlands BTO flats, bounded by Woodlands Avenue 1 and Woodlands Drive 17. Source: HDB
Location of Woodlands South Plains Aug 2022 Woodlands BTO flats, bounded by Woodlands Avenue 1 and Woodlands Drive 17. Source: HDB

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

Woodlands South Plains Woodlands HDB BTO Location (HDB BTO August 2022 Launch)

HDB BTO August 2022 Woodlands launch

Woodlands South Plains

Address

Bounded by Woodlands Avenue 1, Woodlands Drive 16 and a future road that connects Woodlands Drive 17 and Woodlands Avenue 6

Nearest MRT

Woodlands South (Thomson-East Coast Line)

Nearest bus interchange

Woodlands Integrated Transport Hub, Woodlands Temporary Bus Interchange

Nearest schools

Christ Church Secondary School, Singapore Sports School, Innova Primary School, Woodgrove Primary School, Woodgrove Secondary School, E-Bridge Pre-school

Other nearby amenities

ACE The Place Community Club, Vista Park, Masjid Yusof Ishak, Vista Point, Mandai Tekong Park, 888 Plaza, Causeway Point, Woodlands Civic Centre, Woodlands Regional Library, Woodlands Health Campus (to open progressively from 2023), Woodlands Regional Centre (to be developed over the next 15 years)

The BTO 2022 Woodlands South Plains project is located along Woodlands Avenue 1, which leads to Woodlands South MRT station. It is bounded on the other side by Woodlands Drive 16 and a future road that connects Woodlands Drive 17 and Woodlands Avenue 6. The site will yield 630 units, of which are 275 2-room Flexi flats, 87 3-room flats and 268 4-room flats.

Woodlands is the nearest town to the Causeway (First Link) that connects Singapore by land to Malaysia. Typically, Woodlands’ residents travel either by bus or via the North-South Line to the Central Business District (CBD). But once Stage 3 of the Thomson-East Coast Line becomes operational in 2024, getting to places like Orchard, Shenton Way, and Bedok will soon be quicker and more direct.

The new Johor Bahru – Singapore Rapid Transit System Link, which is coming up by end-2026, will give residents a speedier and smoother journey to Johor Bahru via Woodlands North, which is just two stops away via the TEL. They can use this same MRT line to access the Woodlands bus interchanges, Causeway Point and Woodlands Civic Centre (which houses the Woodlands Regional Library) near Woodlands MRT station.

Various amenities are closeby to the HDB BTO Aug 2022 Woodlands South Plains site, such as ACE The Place Community Club, Woodlands Health Campus, Masjid Yusof Ishak, Vista Park, Mandai Tekong Park, Vista Point shopping mall, and 888 Plaza.

Upcoming facilities include the Woodlands Health Campus, slated to open progressively from 2023 and also the Woodlands Regional Centre, which is set to be developed over the next 15 years. For active folks, the Ulu Sembawang Park Connector is near the south of the site, as well as Admiralty Park and Woodlands Waterfront Park to the north.

Woodlands HDB BTO Price (HDB BTO August 2022 Launch)

Unit type

Woodlands South Plains BTO Price (HDB BTO August 2022)

Previous Woodlands BTO Price (HDB BTO May 2021)

Previous Woodlands BTO Price (HDB BTO May/Aug 2020)

Median resale flat prices in the area (Q2 2022)

2-room Flexi

From $98,000

From $98,000

From $90,000

3-room

From $188,000

From $185,000

From $184,000

$337,000

4-room

From $303,000

From $275,000

From $276,000

$450,000

Besides the Jurong East Breeze launch, the August HDB BTO 2022 Woodlands South Plains launch is one of the more affordable projects in the HDB BTO August 2022 exercise. This is likely due to Woodlands’ status as a non-mature town, distance from the city centre and location outside Singapore’s central region.

Looking at past application rates of 1.4, 5.4, and 4.4 for 2-room Flexi, 3-room, and 4-room units respectively, it’s safe to say successfully balloting for a flat in this launch will be moderately difficult. With the new developments in the area and proximity to Woodlands South MRT station, there might be slightly stiffer competition for the 630 units available.

One thing we feel lacking is that this time around is that there are no 5-room flats available. Thus, larger families or those looking for a bigger space may be disappointed.

[ArticleCallout]{ “title”: “Types of HDB BTO Flats Available for Selection in Singapore’s BTO Sale Launches (2022)”, “excerpt”: “For those ready to get yourself your very own HDB BTO flat, you know the first step is to do the necessary research on the flats available for selection.”, “link”: “https://www.propertyguru.com.sg/property-guides/types-bto-flats-available-selection-12102”, “image”: “https://img.iproperty.com.my/angel-legacy/1110×624-crop/static/2019/03/An-unfurnished-BTO-unit-propertyguru-singapore.jpg” } [/ArticleCallout]

According to the HDB resale flat prices in Singapore by estate for Q2 2022, the median resale prices of 3- and 4-room flats were $337,000 and $450,000 respectively. If the announced BTO prices remain consistent with previous Woodlands BTO launches, those lucky enough to snag a unit and sell it after the 5-year Minimum Occupation Period (MOP) can expect decent capital gains.

Budgeting for Your Woodlands August 2022 BTO Home Loan

The Woodlands South Plains BTO flats seem reasonably priced, but as with all big-ticket purchases, it’s still a must to budget for your new home before deciding to ballot for a flat.

HDB BTO August 2022 Woodlands South Plains unit type

Estimated 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

$98,000

$14,700 downpayment, estimated $378 monthly mortgage repayments

$24,500 downpayment, estimated $322 monthly mortgage repayments

3-room

$188,000

$28,200 downpayment, estimated $725 monthly mortgage repayments

$47,000 downpayment, estimated $618 monthly mortgage repayments

4-room

$303,000

$45,450 downpayment, estimated $1,168 monthly mortgage repayments

$75,750 downpayment, estimated $997 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.

Woodlands South Plains Woodlands BTO Amenities (HDB BTO August 2022 Launch)

Excellent Connectivity via Woodlands South MRT Station

Just steps away from Woodlands South MRT station on the Thomson-East Coast Line, the Woodlands South Plains BTO launch enjoys a direct connection to both Woodlands MRT station and bus interchanges, as well as a speedier trip to town, CBD and the east. And in the future, Johor Bahru, Malaysia.

A Plethora of Schools in the Area

The HDB BTO August 2022 Woodlands South Plains project is also located near numerous schools such as Evergreen Secondary School, Fuchun Primary School, Woodlands Ring Secondary School, Riverside Secondary School, Republic Polytechnic, Carpe Diem Little Green House, My First Skool, The Little Skool-House International, and many more.

Close to Green Lungs

Around the HDB BTO 2022 Woodlands project are verdant spaces perfect for jogging, cycling and strolling that include the Ulu Sembawang Park Connector, Admiralty Park and Woodlands Waterfront Park with a view of Johor Bahru.

Good Range of Existing and Upcoming Amenities

Although Woodlands seems rather north and far from town, it’s chock-full of amenities that include Causeway Point, the sprawling Woodlands Regional Library, community clubs and more. We’re also looking forward to the Woodlands Health Campus, which opens progressively from 2023, the development of the Woodlands Regional Centre in the next 15 years, and also the completion of the Rapid Transit System to Johor Bahru.

Conclusion: Is Woodlands South Plains (August 2022 Woodlands HDB BTO) Worth Balloting For?

The HDB BTO August 2022 Woodlands South Plains project is definitely an affordable pick, and transport links just got more convenient for residents with the Thomson-East Coast Line. It’s no wonder all eyes are on this non-mature HDB town that will see much development in the future. In fact, it won’t be a surprise if property prices here start increasing — hence those keen to get a flat here should act soon, whether it’s to secure a place for their own stay or to capitalise on possible capital appreciation.

Pros of Woodlands South Plains (August 2022 Woodlands HDB BTO)

  • Affordable

  • Stone’s throw away from Woodlands South MRT station on the Thomson-East Coast Line

  • Close to Johor Bahru for quick shopping and eating trips

  • Near greenery and a park connector

  • A plethora of schools in the area

  • Many upcoming amenities

Cons of Woodlands South Plains (August 2022 Woodlands HDB BTO)

  • 5-room flats not available

  • Northern location too far from city centre

Not sure if you should ballot for the HDB BTO Aug 2022 Woodlands South Plains 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.