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Feb 2019 BTO Launch In-depth Analysis

This couldn't be any timelier isn't it?

Its the PERFECT time to ask your partner this Valentine's Day 💕

"Bae.. Shall We BTO?"

Remember to ask over your candlelight dinner today because...

⚠️ Applications closes on 18 Feb 2019 (Monday), 2359!


#valentinesday #vday #vday2019 #dayreflower #dayrebto #bto #bto2019 #dayreresale #dayrehomes #dayrehome #dayrebrides #dayremummies #btohome

If you are clueless over what’s in it for this launch, fret not as we have done the extensive research just for you!

Read on for the in-depth analysis for EACH development. We’ll be considering these 3 aspects:

💰 Price
📍Location
🏢 Future Developments

#dayrehomes #bto #dayrefinance #dayrefoodies #dayrefatties #dayrepregnancy #dayremummies

General outlook

The February 2019 BTO exercise is the first launch of the new year and it will see 3,739 units go on sale.

This is a dip as compared to the past 2 BTO sales launches which saw

🏠 3,802 units (Nov 2018) &
🏡 4,381 units (Aug 2018)

This decreased number is in line with what HDB has announced a couple of months back – the number of BTO units will decrease in 2019 as demand continue to normalise.

With this lower number, we will definitely recommend putting in an early application for a better chance at the BTO ballot box!

1. Jurong West

✨ Boon Lay Glade
✨ Jurong West Jewel

Image credits: HDB

With prices ranging betwen $15,000 to $377,000 with grants, it is also the cheapest of the 3 developments.

Taking into account that transacted resale flats in the vicinity is 2-3 times the price for a new BTO unit, it is easy to see the value in applying for a BTO flat if you do not urgently need a place.

#dayrebto #dayrefinance #dayreshopping #dayreresale #dayrehomes

Location

Far left: Jurong West Jewel
Middle: Boon Lay Glade

Jurong West is a well-developed area with shopping districts, reputable schools and recreational areas. Thus, it is a surprise that it is classified a a non-mature estate.

But it’s great for homeowners! You get to enjoy the Special CPF housing grant with income ceiling of $8,500.

Boon Lay Glade | Image credit: HDB

🏢 770 flats available for balloting – features units of all sizes: 2-room Flexi, 3-room, 4-room, 5-room & 3Gen

🚆 Boon Lay MRT & Bus Interchange (500m)

🛍 Jurong Point (500m) is just walking distance away.

🏫 River Valley High School (200m), Boon Lay Garden Primary School (200m) is located just beside the development.

By car or bus, Boon Lay CC and Jurong Lake is just a couple of minutes away.

As such, Boon Lay Glade certainly ranks highly in terms of location and amenities in our books!

“Westies” would describe Jurong Point as a shopping heaven with restaurants, clothing outlets, cinemas and even a 24-hour Fairprice X’tra – not too bad for spending some family time!

#bto #dayrehome #dayreshopping

Jurong West Jewel | Image credit HDB

🚆 Close to Pioneer MRT (500m), a big plus for transportation.

🛍 😋 In terms of food and shopping, it is about 600m from Pioneer Mall and Jurong West Hawker Center.

🏫 Closer to NTU, Juying Primary and Secondary Schools. Perfect for young couples planning for children!

🏃‍♀️ Walk 100m and you’ll also reach Jurong West Sport & Recreational Centre that has a sizeable swimming complex, gym, badminton & tennis courts, restaurants and more

🔨 On the downside, the development is opposite Boon Lay Industrial Area which may be noisier in the day and affect the view and air quality in the flat.

To learn how to select the best BTO area for your needs, be sure to check out Part 1 of our Ultimate BTO Guide (2019) where we cover eligibility and scouting for the best location!

www.styledegree.sg/ultimate-bto-guide

Read our Ultimate BTO Guide 2019, ALL 6 parts on the link above too. Pretty much a crash course for those looking to BTO soon!

2. Sengkang

✨ Fernvale Vines

Image credit: HDB

As seen from the table above, prices ranges from $22,000 to about $380,000. As a non-mature estate, applicants are entitled to the Special CPF housing grant with income ceiling of $8,500.

However, do note that the Sengkang development is slightly pricer for the same unit type in Jurong West due to its closer proximity to the downtown area.

Image credit: HDB

🏢 930 flats of all sizes including 2-room Flexi, 3-room, 4-room, 5-room and 3Gen flats

Sengkang is a relatively new town with new amenities sprouting up each year and it is 1 of the 2 estates in Singapore with LRT systems.

Having a LRT system at your disposal means that you can easily reach Nan Chiau Primary and Secondary school, Selatar Mall and Anchorvale CC under 15 minutes!

Moreover, the TPE is just 800m away which is certainly a bonus for drivers!

🚆 This connects residents to Sengkang MRT & Bus Interchange

🛍 Compass One Shopping Centre

Compass One is a full-fledge shopping mall with key tenants such Kopitiam food court, Gain City and other medical and dental clinics.

🏥 Sengkang CC, Sengkang General Hospital and Polyclinic and more

#dayrehomes #dayrebto #dayrebrides #btosingapore

3. Kallang Whampoa

✨ Towner Crest
✨ Kallang Breeze

Taking a look at the price tags, it is almost 2-3 times the price of comparable unit in the February sales launch.

Now, why is this so?

Because, Kallang is much closer to town and if you look at the transacted prices of resale flats, it is much higher as well!

Both Towner Crest and Kallang Breeze are developments that are close to the downtown area of Singapore.


• Towner Crest

🚆 Just 200m from Boon Keng Station, which is only 3 stops from Dhoby Ghaut station

🛍 Close to Kallang CC and Bendemeer Shopping Mall

• Kallang Breeze

🚆 300m from Kallang MRT station, which is just 3 stops from City Hall station

🏣 Close to Geylang West CC


Although both developments are not walking distance to any popular shopping district, schools or essential amenities, their main selling point is their closeness to the city – which is a key consideration if your workplace is in downtown!

Which one are you eyeing?

Or... do you have a wishlist on where the next BTO launch should be?

If you have made a decision to apply, let us help you out with our 2019 updated Ultimate BTO Guide (6-Part Series) which you can find it on

www.styledegree.sg/ultimate-bto-guide

Once again, the BTO application for this February Sales Launch closes on 18 Feb (next Monday) 1159. Remember to apply over the weekends – best of luck to you! 🍀🍀

And... follow us on our Telegram Channel “Homeowners SG 🏠” if you would like to receive the latest housing updates!

We hope this in-depth analysis have been helpful to you!

Feel free to leave a comment if you have any queries, we’ll be glad to help!

#styledegree #unwraphappiness

Day 45

Thursday, 14 Feb 2019

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