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HDB BTO June 2024 Yishun Review: A Few Bus Stops to Khatib MRT Station

HDB BTO June 2024 Yishun Review: A Few Bus Stops to Khatib MRT Station
HDB BTO June 2024 Yishun Review: A Few Bus Stops to Khatib MRT Station

In the HDB BTO June 2024 launch, 1,270 BTO flats will be launched in non-mature estate Yishun. The other BTO sites in the same launch will be in Jurong East, Kallang/Whampoa, Queenstown, Tampines, and Woodlands.

The Yishun HDB BTO June 2024 project will be in an area with many green spaces, including the beautiful Lower Seletar Reservoir Park.

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Apply for a BTO Flat in June 2024

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

  • Beginning this year (2024), the annual BTO launches will be scaled back to three, scheduled for February, June, and October, instead of four

  • HDB intends to introduce fewer BTO flats in 2024, with an estimated 19,600 units compared to the 22,780 units launched in 2023

  • As highlighted in the National Day Rally 2023 speech, the June 2024 HDB BTO launch will signify the cessation of estate categorisation into mature and non-mature categories

  • Following this, starting from the latter half of 2024, newly launched BTO flats will be classified as Standard, Plus, or Prime

Yishun HDB BTO June 2024 Project

Nearest MRT station

Khatib MRT station

Nearest schools

Peiying Primary School, Naval Base Secondary School, Yishun Innova Junior College, Yishun Secondary School, Jiemin Primary School, Chung Cheng High School (Yishun), Naval Base Primary School, and Orchid Park Secondary School

Other nearby amenities

Lower Seletar Reservoir Park, Nee Soon Community Club, Yishun Sports Hall, Yishun Stadium, Khatib Polyclinic (u/c), and Sembawang Country Club Golf Course

Location of the Yishun HDB BTO June 2024 flats, bounded by Sembawang Road and Yishun Walk (u/c). Source: <a href="https://homes.hdb.gov.sg/home/bto/details/2024-02_UPB_WVNfTjhDMTZfMTcwNTk3NTc4ODM2Mw" rel="nofollow noopener" target="_blank" data-ylk="slk:HDB;elm:context_link;itc:0;sec:content-canvas" class="link ">HDB</a>
Location of the Yishun HDB BTO June 2024 flats, bounded by Sembawang Road and Yishun Walk (u/c). Source: HDB

The Yishun June 2024 BTO flats will be bounded by Sembawang Road and another road that is currently under construction and will extend the existing Yishun Walk.

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Despite its rather far-flung location, the Yishun BTO site enjoys decent public transport connections at about a 16-minute walk from Khatib MRT station on the North South Line (NSL), which connects directly to the city centre via Orchard and Raffles Place MRT stations.

One of the most attractive features of the Yishun HDB BTO June 2024 site is its proximity to the scenic Lower Seletar Reservoir Park, which is within walking distance. The nearby Khatib Bongsu Park Connector leads through Yishun Central to Singapore’s scenic northeast coast. Also within walking distance are sporting amenities such as Yishun Sports Hall, Yishun Stadium, and Sembawang Country Club Golf Course.

Families with kids can also benefit from the many schools located within half an hour’s walk of the Yishun BTO site. These include Chung Cheng high School (Yishun) and Yishun Innova Junior College.

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Yishun HDB BTO Price (HDB BTO June 2024 Launch)

Unit type

Yishun HDB BTO June 2024 prices

Yishun HDB BTO Nov 2022 prices

Yishun HDB BTO May 2022 prices

Median Yishun HDB resale prices (Q4 2023)

2-room Flexi

$140,000

$84,000 to $148,000

$123,000 to $184,000

$319,000

3-room

$200,000

$175,000 to $229,000

$400,000

4-room

$300,000

$248,000 to $336,000

$328,000 to $418,000

$520,000

5-room

$400,000

$366,000 to $463,000

$485,000 to $595,000

$660,000

The Yishun June 2024 BTO flats are likely to be some of the most affordable homes in the June 2024 BTO launch. For this reason, BTO applicants might find themselves facing competition from other budget-conscious households.

According to HDB’s resale statistics for Q4 2023, the median resale price for 2-room, 3-room, 4-room, and 5-room flats in Yishun was $319,000, $400,000, $520,000, and $660,000 respectively, with smaller flat types tending to enjoy more attractive capital gains.

Budgeting for Your Yishun June 2024 BTO Home Loan

HDB BTO June 2024 Yishun unit type

Estimated prices

HDB loan

Bank loan (3.6% p.a.)

2-room Flexi

$140,000

$28,000 downpayment, estimated $508 monthly mortgage repayments

$35,000 downpayment, estimated $531 monthly mortgage repayments

3-room

$200,000

$40,000 downpayment, estimated $726 monthly mortgage repayments

$50,000 downpayment, estimated $759 monthly mortgage repayments

4-room

$300,000

$60,000 downpayment, estimated $1,089 monthly mortgage repayments

$75,000 downpayment, estimated $1,139 monthly mortgage repayments

5-room

$400,000

$80,000 downpayment, estimated $1,452 monthly mortgage repayments

$100,000 downpayment, estimated $1,518 monthly mortgage repayments

The above calculations were done using the PropertyGuru Finance mortgage affordability calculator.

[AffordabilityCalculator][/AffordabilityCalculator]

Considering taking a bank loan to finance your Kallang/Whampoa HDB BTO June 2024 flat? Browse the cheapest bank loan rates in Singapore right now.

For more comprehensive home financing advice, chat with a PropertyGuru Finance Mortgage Expert today.

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Conclusion: Is HDB June 2024 Yishun BTO Worth Balloting for?

Pros of Yishun June 2024 HDB BTO

  • Walking distance to MRT station

  • Easy access to nature

  • Well-served by park connectors

  • Good selection of schools

  • All flat sizes available

Cons of Yishun June 2024 HDB BTO

  • Far from city centre

HDB BTO June 2024 Launch Reviews

Before you decide which HDB BTO June 2024 project you should apply for, read our other reviews:

Alternatively, you can consider applying for a Sale of Balance Flats (SBF) launch.

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.