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HDB BTO June 2024 Kallang/Whampoa Review: Stay in Tanjong Rhu, Along Geylang River
Note: The HDB BTO June 2024 sales exercise has launched. Applications close on 26 June 2024, 11:59pm.
Want to apply for the Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project? Like Kit Chan’s “Home”, your future home could be where the river always flows.
Instead of the Singapore River, however, with the Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project, you’ll have the Geylang River. The Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 launch offers a chance for many to live in Tanjong Rhu with a total of 2,063 2-room Flexi, 3-room, and 4-room BTO flats.
The Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 flats are spread across two blocks: about 1,400 BTO flats in the more southern plot, while the smaller plot comprises about 620 BTO flats. Being launched in such an attractive location also means that the Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project will likely fall under the Prime Location Public Housing Model (PLH).
Guide to Applying for a BTO Flat (Video)
HDB BTO June 2024: Latest BTO News
From the June 2024 BTO launch onwards, the HDB Staggered Downpayment Scheme will be enhanced to help young couples finance their new homes
From 2024, there will be three, instead of four, yearly BTO launches: February, June, and October
HDB will launch fewer BTO flats in 2024, about 19,600, down from 22,780 in 2023
As announced in the National Day Rally 2023 speech, this HDB BTO June 2024 launch will be the last BTO launch that uses mature and non-mature estate categories
Henceforth, from H2 2024, the newly launched BTO flats will be classified as Standard, Plus, or Prime
Tanjong Rhu Riverfront I & II BTO Kallang/Whampoa June 2024
Nearest MRT stations | Mountbatten, Tanjong Rhu (under construction), and Katong Park (under construction) MRT stations |
Nearby amenities | Katong Community Centre, Singapore Swimming Club, Singapore Sports Hub, Leisure Park Kallang, Singapore Indoor Stadium, Kallang Football Hub, Kallang Squash & Tennis Centre, and Kallang Netball Centre |
Nearby school | Dunman High School |
Unit mix and prices | 2-room Flexi ($69,000 to $378,000) |
The Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 flats will be near upcoming MRT stations (Tanjong Rhu and Katong Park MRT stations) along the Thomson-East Coast Line (TEL); from there, you can head to Marina Bay and the city (Maxwell and Orchard MRT stations) within a few stops. It also connects residents to the Lentor and Woodlands areas.
For those who drive, these homes are also within quick driving distance of the Greater Southern Waterfront, which is en route to a massive infrastructure renovation very soon.
Today, outdoor recreational options are already nearby, with the Sports Hub on one side of the Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project and East Coast Park – along the upcoming Bayshore estate – on the other. Those who enjoy travelling by bicycle will most likely have used the park connectors that lead to Changi.
Tanjong Rhu Riverfront I & II Kallang/Whampoa BTO Price (HDB BTO June 2024 Launch)
Unit type | Kallang/Whampoa BTO prices (HDB BTO June 2024) | Kallang/Whampoa BTO prices (HDB BTO Oct 2023) | Kallang/Whampoa BTO prices (HDB BTO May 2023) | Kallang/Whampoa median HDB resale flat prices (Q4 2023) |
2-room Flexi | $69,000 to $378,000 | $176,000 to $193,000 | N/A | About $265,000 |
3-room | $402,000 to $544,000 | $339,000 to $368,000 | $362,000 to $466,000 | $290,000 to $790,000 |
4-room | $568,000 to $779,000 | $480,000 to $535,000 | $505,000 to $642,000 | $460,000 to $1,060,000 |
Given that the Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project in Tanjong Rhu falls under the PLH model. In the ‘fancy’ District 15, prices tend to be higher than the Farrer Park Arena Kallang/Whampoa HDB BTO May 2023 project.
Previous Kallang/Whampoa BTO application rates have typically been two to three times the number of BTO flats launched.
Considering that applicants for the Farrer Park Arena Kallang/Whampoa HDB BTO May 2023 project were two to three times more than the number of available units, the Tanjong Rhu Riverfront I & II Kallang/Whampoa HDB BTO June 2024 project in Tanjong Rhu will likely see similarly high application rates.
Budgeting for Your Kallang/Whampoa HDB BTO June 2024 Home Loan
Flat type | Prices (estimated) | HDB loan | Bank loan (3.6% p.a.) |
2-room Flexi | From $69,000 | $13,800 downpayment, estimated $250 monthly mortgage repayments | $17,250 downpayment, estimated $262 monthly mortgage repayments |
3-room | From $402,000 | $80,400 downpayment, estimated $1,459 monthly mortgage repayments | $100,500 downpayment, estimated $1,526 monthly mortgage repayments |
4-room | From $568,000 | $113,600 downpayment, estimated $2,061 monthly mortgage repayments | $142,000 downpayment, estimated $2,156 monthly mortgage repayments |
The above calculations were done using the PropertyGuru Finance mortgage affordability calculator.
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Conclusion: Is the Tanjong Rhu Riverfront I & II Kallang/Whampoa June BTO 2024 Project Worth Balloting For?
Pros of Tanjong Rhu Riverfront I & II Kallang/Whampoa June BTO 2024
Convenient transport links with TEL and Circle Line (CCL)
Close to the KPE and good links to the city centre
Units available for singles, couples, and small families
High number of BTO flats available (about 2,020)
Proximity to sports and recreational facilities
Unobstructed waterfront views
Cons of Tanjong Rhu Riverfront I & II Kallang/Whampoa June BTO 2024
1km walk to the nearest MRT station
Not as many amenities as compared to a project in a more centralised spot in an estate
HDB BTO June 2024 Launch Reviews
Before you decide which HDB BTO June 2024 project you should apply for, read our other reviews:
HDB BTO June 2024: Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands, Yishun
HDB BTO June 2024 Queenstown Review: Near Holland Village and Buona Vista MRT Stations
HDB BTO June 2024 Woodlands Review: A Short Drive to the RTS Link for Quick Trips to JB
HDB BTO June 2024 Tampines Review: Near Tampines West MRT Station
HDB BTO June 2024 Jurong East Review: 3-Minute Walk to the Jurong Region Line (JRL)
HDB BTO June 2024 Yishun Review: A Few Bus Stops to Khatib MRT Station
Alternatively, you can apply for a Sale of Balance Flats (SBF) launch.
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