HDB offers 1,176 build-to-order flats in Yishun

Published November 19, 2010


THE Housing & Development Board (HDB) yesterday offered 1,176 new flats at Yishun - and plans to roll out another 1,010 at Punggol next month.


This takes the number of new units under the build-to-order (BTO) and sale-of-balance flat schemes this year to about 17,700.

The latest flats in Yishun are under the BTO programme. The estate, Yishun Greenwalk, is bounded by Yishun Ring Road, Yishun Avenue 6, Yishun Avenue 9 and a canal linked to Sungei Khatib.

The estate is near Yishun MRT station, Yishun bus interchange and Northpoint shopping centre.

It is also near educational facilities such as Northland Secondary School and Chongfu Primary School. Also in the vicinity are Khoo Teck Puat Hospital, Yishun Park and Safra Yishun Country Club.

Of the 1,176 new units, 112 are three-room flats, 602 are four-room flats and 462 are five-room flats.

The five-room units are priced at $298,000 to $365,000. According to HDB, a comparable five- room resale flat in the vicinity would cost $398,000 to $432,000. The deadline for flat application is Dec 1.

Real estate agency PropNex expects Yishun Greenwalk to be popular with home seekers. Units in the estate could be four times subscribed, said spokesman Adam Tan.

Because the site is within walking distance of Yishun MRT station and near to schools, it is particularly suitable for couples looking to start a family in the next few years, he said.

Source: www.businesstimes.com.sg