‘Build before order’ flats: Yet-to-launch BTO projects being built in Bukit Merah, Clementi and Toa Payoh
SHORTER WAITING Period
Some 753 cottages are being built at Clementi, near the city’s main location and MRT place. By 2029, the project is anticipated to get finished.
At Toa Payoh Rise, another 741 models will also be prepared by next. The growth is close to the MRT stations in Caldecott and Braddell.
However, the task in Bukit Merah may include 498 models, and is situated near Redhill MRT place. It is next to Alexandra Peaks, a significant job that is scheduled to be finished by 2029.
These jobs are not yet certain if they will be categorized as waiting periods shorter than three years.
However, according to analysts, the first start of these approaching housing projects would result in a much quicker turnaround time.
” In the past, HDB may create BTO projects to reduce the waiting times for apartments. Often, these flats are located in the more affluent areas, farther away from the city”, said Mr Nicholas Mak, key research officer at property search site Mogul. roc.
” Right now, ( some of these upcoming projects ) are at the city fringe. They are all quite well-located, about 300m to 400m from their nearest Mr facilities.
Maybe HDB is experimenting with a new method of launching BTO flats by offering flats with shorter waiting times, whether they are in residential areas or the area fringe, he added.
More than 2,800 apartments with shorter waiting times were introduced this year alone. This is in line with the goal of producing between 2000 and 3000 of these condos annually by 2025.  ,