Final two pandemic-delayed BTO projects completed: HDB
The standing projects had waiting times of approximately five years. Overall, over 18,000 apartments were completed in 2024, states HDB.
Flat proprietors of Punggol Point Cove (Phase 2) have actually been receiving the keys to their brand-new house from November 2024, whilst key collection for Kempas Residence commenced in mid-January this year.
Currently, 110 HDB home jobs are under construction, up from 95 a year ago due to the increase in BTO supply in recent years. HDB says it is on track to complete around 17,000 condos all around 27 projects in 2025.
Positioned between Serangoon Road, Lavender Street and Boon Kheng Road, Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room flats across four residential blocks.
The final block, that was delayed by six months from its first PCD, was completed in mid-January.
The 22 housing projects consisted of 2 Shorter Waiting Time (SWT) ventures, which were finished within a waiting period of less than three years. The SWT work, Parc Glen at Tengah and Grove Spring at Yishun, made up a total of 1,995 condos.
Placed along New Punggol Road, Punggol Point Cove (Phase 2) comprises 1,179 units of two-room flexi, three-, four- and five-room condos all over six home blocks. Following pandemic problems, the project’s last block was finished one year from its initial Probable Completion Date (PCD) at an earlier time this month.
HDB is anticipated to notify the remaining flat proprietors of their key collection date soon, following the completion of the final blocks among both ventures this month.
As at Jan 15, 37 houses or about 7% of 555 reserved units have received their keys.
According to HDB, the finalization of Punggol Point Cove (Phase 2) denotes the completion of all condos in the Punggol Point District. This includes Punggol Point Cove (Phase 1), Punggol Point Woods and Punggol Point Crown BTO ventures, that were finished in 2024.
Altura EC Bukit Batok West Avenue 8
As at Jan 15, 657 homes or 59% of 1,109 reserved units have gathered their keys.
Minister for National Development Desmond Lee has announced the finish of the last 2 pandemic-delayed projects from HDB, according to a Jan 20 launch.
The two Build-to-Order (BTO) jobs, Punggol Point Cove (Phase 2) and Kempas Residences, mark the conclusion of HDB’s pandemic-delayed housing ventures. As a whole, the 92 projects have delivered over 75,800 new apartments to Singaporeans over the last 5 years.
In 2024, HDB completed a sum of 22 housing ventures, 17 of which were put off by the pandemic. With the exemption of one that was postponed as a result of non-pandemic factors, the standing four home plans were accomplished in a timely manner.