Yahoo Finance HDB PLH: What you need to know about the Prime Location Public Housing Model
To curb the lottery effect of BTO flats, we now have the Prime Location Public Housing (PLH) model, which MND and HDB first announced on 27 October 2021.
As the name suggests, this will apply to new BTO flats built in prime and central locations, such as the city centre and the Greater Southern Waterfront. Where feasible, public rental flats will be built at these sites.
To keep public housing affordable, accessible and inclusive, MND and HDB have also introduced several conditions for these PLH flats.
6 things you need to know about HDB’s Prime Location Public Housing (PLH) model
1. Location of the HDB PLH flats: What’s considered prime?
The first PLH project launched by HDB is located at Rochor, within the Central area (it’s where Pinnacle@Duxton is at). It was offered during the November 2021 BTO sales launch.
We can say the project is located in a prime area, given that Jalan Besar MRT is just in front of the project. Plus, residents here will enjoy the convenience of having access to three MRT lines within walking distance:
Downtown Line (Jalan Besar MRT, Rochor MRT, Bugis MRT and Little India MRT)
East-West Line (Bugis MRT)
North-East Line (Little India MRT)
The CBD is also just a 10-minute drive away.
At the same time, what’s considered prime is not limited to the Central area, as we’ve seen with the PLH projects launched over the past one year. These are:
February 2022 BTO launch: King George’s Heights at Kallang/ Whampoa
May 2022 BTO launch: Bukit Merah Ridge at Bukit Merah, Ghim Moh Ascent at Queenstown
August 2022 BTO launch: Alexandra Vale and Havelock Hillside at Bukit Merah
Upcoming November 2022 BTO launch: Ulu Pandan Banks and Ghim Moh Natura at Queenstown, Kallang Horizon at Kallang/ Whampoa
What these areas have in common is that they’re all in the city fringe and are typically where you see million-dollar flat transactions.
Another thing we notice is that these PLH flats are located within a 10-minute walking distance of the MRT (according to Google Maps, at least).
So for future BTO flats launched by HDB, we can expect those located in these areas and are within a 10-minute walk of an MRT to fall under the PLH model.
2. Subsidy clawback
Given the additional subsidies enjoyed when you buy a PLH flat from HDB, you will have to return a portion of the subsidy should you sell your flat in the resale market.
When the PLH model was first announced, the government said that the subsidy recovery percentage will be equivalent to the initial additional subsidy provided.
As of this update, for the PLH flats launched so far, the subsidy recovery has been at 6%. So it remains to be seen if HDB will change the subsidy recovery percentage for future launches.
Another thing to note is that the clawback is only applicable when the flat is resold in the open market for the first time. So as a homeowner of a resale PLH flat, if you’re planning to sell it in future, you won’t be subjected to the subsidy recovery.
3. Reduced quota for Married Child Priority Scheme
The eligibility criteria to buy a flat under the PLH will be the same as that of BTO.
However, a lower quota will be set aside for those applying under the Married Child Priority Scheme (MCPS). The scheme allows priority for those who wish to live with or close to their parents or married child. Currently, the quota is set at 30% for first-timers, and 3% for second-timers.
According to the initial PLH announcement. the quota will be adjusted depending on the location of the projects.
But for the PLH flats launched so far, the quota has been set at two-thirds of the usual quotas. Here’s a breakdown of the MCPS quota for PLH and non-PLH flats.
4. Stricter eligibility criteria, including income ceiling, for buyers of PLH resale flats
Unlike typical HDB resale flats, there will be more restrictions if you’re buying a PLH flat in the resale market. These restrictions will apply until around half of the 99-year lease of the flats, before the government considers a review.
HDB flats for sale in prime areas
92B Telok Blangah Street 31
Singapore 102092 · D4
2
2
731 sqft
$680,000
65 Telok Blangah Drive
Singapore 100065 · D4
2
2
883 sqft
$450,000
95B Henderson Road
Singapore 152095 · D3
2
2
732 sqft
$740,000
2 Jalan Bukit Merah
Singapore 150002 · D3
2
1
678 sqft
$400,000
26 Telok Blangah Crescent
Singapore 090026 · D4
3
2
1,226 sqft
$810,000
121A Kim Tian Place
Singapore 161121 · D3
3
2
1,087 sqft
$950,000
95B Henderson Road
Singapore 152095 · D3
3
2
1,001 sqft
$1,150,000
93A Telok Blangah Street 31
Singapore 101093 · D4
3
2
1,001 sqft
$950,000
8 Telok Blangah Crescent
Singapore 090008 · D4
2
1
775 sqft
$408,000
42 Telok Blangah Rise
Singapore 090042 · D4
2
1
753 sqft
$408,000
2 Everton Park
Singapore 081002 · D2
2
3
1,367 sqft
$1,742,000
38 Beo Crescent
Singapore 160038 · D3
2
1
635 sqft
$418,888
6B Boon Tiong Road
Singapore 165006 · D3
3
2
979 sqft
$799,000
20 Tiong Bahru Road
Singapore 163020 · D3
2
2
947 sqft
$725,000
119D Kim Tian Road
Singapore 164119 · D3
3
2
1,184 sqft
$975,000
93B Telok Blangah Street 31
Singapore 102093 · D4
2
2
721 sqft
$745,000
92B Telok Blangah Street 31
Singapore 102092 · D4
3
2
1,001 sqft
$900,000
126A Kim Tian Road
Singapore 161126 · D3
3
2
1,022 sqft
$950,000
28 Tiong Bahru Road
Singapore 163028 · D3
2
1
947 sqft
$640,000
109A Depot Road
Singapore 101109 · D4
3
2
969 sqft
$800,000
22 Jalan Membina
Singapore 166022 · D3
3
2
968 sqft
$770,000
45 Kim Cheng Street
Singapore 160045 · D3
2
1
947 sqft
$850,000
131B Kim Tian Road
Singapore 162131 · D3
3
2
979 sqft
$978,000
43 Telok Blangah Rise
Singapore 090043 · D4
2
1
753 sqft
$430,000
95B Henderson Road
Singapore 152095 · D3
2
2
732 sqft
$777,000
137 Jalan Bukit Merah
Singapore 160137 · D3
2
2
635 sqft
$400,000
39 Telok Blangah Rise
Singapore 090039 · D4
3
2
1,280 sqft
$728,888
140 Jalan Bukit Merah
Singapore 160140 · D3
3
2
1,281 sqft
$820,000
5 Everton Park
Singapore 080005 · D2
2
2
775 sqft
$568,000
119D Kim Tian Road
Singapore 164119 · D3
3
2
1,184 sqft
$990,000
88 Telok Blangah Heights
Singapore 100088 · D4
3
2
968 sqft
$828,000
107 Jalan Bukit Merah
Singapore 160107 · D3
2
1
678 sqft
$370,000
52 Telok Blangah Drive
Singapore 100052 · D4
3
2
1,238 sqft
$899,888
95A Henderson Road
Singapore 151095 · D3
3
2
893 sqft
$1,020,000
28 Jalan Bukit Merah
Singapore 152028 · D3
2
1
645 sqft
$400,000
662 Buffalo Road
Singapore 210662 · D8
3
1
882 sqft
$568,000
662 Buffalo Road
Singapore 210662 · D8
3
2
882 sqft
$540,000
3 Tanjong Pagar Plaza
Singapore 081003 · D2
2
2
635 sqft
$495,000
3 Tanjong Pagar Plaza
Singapore 081003 · D2
2
2
635 sqft
$508,000
642 Rowell Road
Singapore 200642 · D8
3
2
1,152 sqft
$735,000
1G Cantonment Road
Singapore 085701 · D2
3
2
1,130 sqft
$1,400,000
9 Jalan Kukoh
Singapore 160009 · D3
1
1
581 sqft
$310,000
32 New Market Road
Singapore 050032 · D1
1
1
560 sqft
$368,000
8 Selegie Road
Singapore 180008 · D7
2
1
624 sqft
$458,000
334 Kreta Ayer Road
Singapore 080334 · D2
3
2
893 sqft
$1,000,000
8 Tanjong Pagar Plaza
Singapore 080008 · D2
3
1
893 sqft
$850,000
1E Cantonment Road
Singapore 085501 · D2
3
2
1,012 sqft
$1,288,000
1B Cantonment Road
Singapore 085201 · D2
3
2
1,033 sqft
$1,200,000
10 Selegie Road
Singapore 180010 · D7
2
1
613 sqft
$388,000
1B Cantonment Road
Singapore 085201 · D2
3
2
1,012 sqft
$1,500,000
30 Kelantan Road
Singapore 200030 · D8
2
2
700 sqft
$420,000
334 Kreta Ayer Road
Singapore 080334 · D2
3
2
892 sqft
$800,000
29 Kelantan Road
Singapore 200029 · D8
3
2
797 sqft
$450,000
3 Tanjong Pagar Plaza
Singapore 081003 · D2
2
2
635 sqft
$503,333
642 Rowell Road
Singapore 200642 · D8
3
2
1,195 sqft
$735,000
535 Upper Cross Street
Singapore 050535 · D1
2
1
646 sqft
$528,000
1F Cantonment Road
Singapore 085601 · D2
3
2
1,033 sqft
$1,250,000
1F Cantonment Road
Singapore 085601 · D2
3
3
1,033 sqft
$1,250,000
334 Kreta Ayer Road
Singapore 080334 · D2
3
2
893 sqft
$1,000,000
9 Selegie Road
Singapore 180009 · D7
2
1
624 sqft
$368,000
271 Queen Street
Singapore 180271 · D7
2
2
732 sqft
$580,000
28 Kelantan Road
Singapore 200028 · D8
2
1
730 sqft
$480,000
634 Veerasamy Road
Singapore 200634 · D8
4
2
1,507 sqft
$998,000
1G Cantonment Road
Singapore 085701 · D2
3
2
1,000 sqft
$1,180,000
533 Upper Cross Street
Singapore 050533 · D1
2
1
646 sqft
$550,000
10 Selegie Road
Singapore 180010 · D7
2
1
613 sqft
$400,000
671B Klang Lane
Singapore 212671 · D8
3
2
807 sqft
$625,000
1 Tanjong Pagar Plaza
Singapore 082001 · D2
2
1
635 sqft
$545,000
4 Tanjong Pagar Plaza
Singapore 081004 · D2
2
1
635 sqft
$490,000
26 Jalan Berseh
Singapore 200026 · D8
3
1
936 sqft
$638,888
76 Lorong Limau
Singapore 320076 · D12
2
2
699 sqft
$345,678
7 Boon Keng Road
Singapore 330007 · D12
3
3
1,238 sqft
$1,228,888
683 Tessensohn Road
Singapore 210683 · D8
3
2
1,108 sqft
$680,000
49 Dorset Road
Singapore 210049 · D8
2
2
732 sqft
$460,000
39A Bendemeer Road
Singapore 331039 · D12
3
2
990 sqft
$858,000
59A Geylang Bahru
Singapore 330059 · D12
3
2
1,087 sqft
$799,998
4C Saint George's Lane
Singapore 322004 · D12
3
2
1,334 sqft
$968,888
99 Whampoa Drive
Singapore 320099 · D12
3
1
979 sqft
$530,000
78 Lorong Limau
Singapore 320078 · D12
3
2
1,000 sqft
$980,000
14 Saint George's Road
Singapore 320014 · D12
2
2
882 sqft
$488,000
3 Saint George's Road
Singapore 320003 · D12
2
2
635 sqft
$370,000
3 Saint George's Road
Singapore 320003 · D12
2
2
635 sqft
$358,000
10A Bendemeer Road
Singapore 331010 · D12
2
2
731 sqft
$758,888
7 Boon Keng Road
Singapore 330007 · D12
3
2
1,238 sqft
$1,228,888
107 Towner Road
Singapore 321107 · D12
3
2
1,130 sqft
$765,000
16 Upper Boon Keng Road
Singapore 380016 · D14
2
2
699 sqft
$450,000
3B Upper Boon Keng Road
Singapore 382003 · D14
3
2
1,184 sqft
$850,000
50 Dorset Road
Singapore 210050 · D8
3
2
990 sqft
$613,000
16 Upper Boon Keng Road
Singapore 380016 · D14
2
2
699 sqft
$450,000
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
$678,000
82 Whampoa Drive
Singapore 320082 · D12
2
1
710 sqft
$410,000
15 Farrer Park Road
Singapore 210015 · D8
3
2
808 sqft
$735,000
105 Jalan Rajah
Singapore 320105 · D12
3
3
1,614 sqft
$1,100,000
105 Towner Road
Singapore 321105 · D12
2
2
818 sqft
$538,000
93 Geylang Bahru
Singapore 330093 · D12
2
2
732 sqft
$410,000
117A Jalan Tenteram
Singapore 321117 · D12
3
2
1,001 sqft
$790,000
3 Beach Road
Singapore 190003 · D7
2
1
732 sqft
$458,000
2 Saint George's Road
Singapore 322002 · D12
2
1
635 sqft
$375,000
117B Jalan Tenteram
Singapore 322117 · D12
3
2
1,002 sqft
$799,000
32 Jalan Bahagia
Singapore 320032 · D12
2
2
602 sqft
$325,000
85 Whampoa Drive
Singapore 320085 · D12
2
2
699 sqft
$378,000
117B Jalan Tenteram
Singapore 322117 · D12
3
2
1,001 sqft
$898,000
8B Upper Boon Keng Road
Singapore 382008 · D14
4
2
1,259 sqft
$1,300,000
33 Ghim Moh Link
Singapore 270033 · D10
3
2
1,001 sqft
$915,000
108 Commonwealth Crescent
Singapore 140108 · D3
3
2
1,205 sqft
$620,000
33 Ghim Moh Link
Singapore 270033 · D10
3
2
1,000 sqft
$918,000
21 Holland Drive
Singapore 271021 · D10
3
2
1,259 sqft
$768,000
150 Mei Ling Street
Singapore 141150 · D3
4
3
1,592 sqft
$1,280,000
6 Holland Close
Singapore 271006 · D10
2
1
700 sqft
$420,000
21 Ghim Moh Road
Singapore 270021 · D10
3
1
699 sqft
$440,000
88 Dawson Road
Singapore 142088 · D3
3
2
1,119 sqft
$1,320,000
8 Ghim Moh Road
Singapore 270008 · D10
3
2
1,259 sqft
$768,000
1 Ghim Moh Road
Singapore 270001 · D10
2
2
699 sqft
$425,000
90 Commonwealth Drive
Singapore 140090 · D3
2
1
742 sqft
$388,000
2 Holland Avenue
Singapore 271002 · D10
2
2
699 sqft
$448,000
12 Holland Avenue
Singapore 272012 · D10
2
1
699 sqft
$438,000
89 Tanglin Halt Road
Singapore 141089 · D3
3
2
969 sqft
$938,000
49 Strathmore Avenue
Singapore 140049 · D3
3
2
968 sqft
$900,000
168A Queensway
Singapore 140168 · D3
3
1
904 sqft
$535,000
86 Dawson Road
Singapore 141086 · D3
3
2
936 sqft
$1,050,000
160 Mei Ling Street
Singapore 140160 · D3
2
2
775 sqft
$488,000
31 Ghim Moh Link
Singapore 271031 · D10
3
2
1,001 sqft
$938,000
53 Commonwealth Drive
Singapore 142053 · D3
3
2
1,033 sqft
$938,000
129 Clarence Lane
Singapore 140129 · D3
3
2
1,109 sqft
$770,000
8 Ghim Moh Road
Singapore 270008 · D10
3
2
1,259 sqft
$768,000
15 Ghim Moh Road
Singapore 270015 · D10
3
2
882 sqft
$491,000
1 Dover Road
Singapore 130001 · D5
2
2
699 sqft
$388,000
32 Holland Close
Singapore 270032 · D10
2
1
635 sqft
$385,000
96 Dawson Road
Singapore 141096 · D3
2
2
678 sqft
$780,000
7 Ghim Moh Road
Singapore 270007 · D10
3
2
1,259 sqft
$700,000
18C Holland Drive
Singapore 274018 · D10
3
2
990 sqft
$920,000
84 Commonwealth Close
Singapore 140084 · D3
2
2
645 sqft
$400,000
11 Holland Drive
Singapore 271011 · D10
3
2
947 sqft
$620,000
12 Holland Avenue
Singapore 272012 · D10
2
1
699 sqft
$470,000
29 Ghim Moh Link
Singapore 270029 · D10
3
2
1,001 sqft
$908,000
15 Ghim Moh Road
Singapore 270015 · D10
3
2
904 sqft
$555,555
13 Ghim Moh Road
Singapore 270013 · D10
3
2
1,313 sqft
$830,000
19 Ghim Moh Road
Singapore 270019 · D10
2
1
699 sqft
$418,000
5. 10-year MOP
To prevent speculative demand, the Minimum Occupation Period (MOP) for these flats will be 10 years instead of the usual five years, before owners can sell them in the open market or buy a private residential property.
So these PLH flats are more for those who plan to live in the flat for the long-term.
On the other hand, what this also means is that if it’s time to register your kid for Primary One, but you don’t live within 1km radius of the desired school and you haven’t completed the 10-year MOP, forget about sending your kid there.
Because with the longer MOP, you need to physically live in the flat longer. So you won’t be able to rent another place closer to the school.
Another potential issue of PLH flats is that with the longer MOP, you need to wait longer before you can upgrade to a bigger home. This can be inconvenient especially if you’re expanding your family.
6. No renting out of the whole unit
You’ll also be prohibited from renting out the whole flat, even after the 10-year MOP has ended. Nevertheless, you can still rent out your spare bedrooms if you wish to earn rental income.
What do you think about HDB’s Prime Location Public Housing (PLH) model? Let us know in the comments section below.
If you found this article helpful, 99.co recommends PLH BTO vs mature estate BTO vs non-mature estate BTO: Which BTO to say “yes” to and Recently MOP-ed HDB that have sold double of BTO price.
Frequently asked questions
Which projects fall under HDB’s Prime Location Public Housing (PLH) model?
According to MND and HDB, these include projects located in prime, central locations such as the city centre and the Greater Southern Waterfront. The projects launched so far are located in Rochor, Kallang/ Whampoa, Bukit Merah and Queenstown.
What are the eligibility criteria to buy a PLH flat?
The conditions are similar to buying a BTO. For instance, one of the applicants must at least be a Singaporean and form a family nucleus. The income ceiling will be S$14,000. These are also applicable for those buying these flats when they’re put on the resale market.
What’s the difference between a typical BTO flat and a PLH flat?
One main difference is that a PLH flat has a 10-year Minimum Occupation Period (MOP), as opposed to the typical five-year MOP. Owners also cannot rent out the whole unit after the end of the MOP. There will also be a reduced quota for the Married Child Priority Scheme for those applying for a PLH flat, and a subsidy clawback for those selling the unit on the resale market.
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