Hougang is located in the North-East region of Singapore and is regarded as the largest HDB town in Singapore. With an estimated 179,600 HDB resident population and about 50,248 flats, this housing estate has extensive amenities, picturesque parks, and transportation facilities that connect its residents to the rest of the island with ease.

Upcoming BTO Launches in Hougang

There will be two Hougang BTO launches this August and both are expected to roll out a total of 1,320 units for two to five-room HDB flats. Located at Hougang Ave 3 and Upper Serangoon Road, these housing estates are bound to capture an influx of interested homebuyers.

BTO projects are highly sought after because of government subsidies as well as the great potential for capital gains once the HDB units reach their five-year Minimum Occupancy Period (MOP). Combine this with Hougang’s upward trending property prices and we can expect positive gains for property investors and homebuyers.

Sengkang is one of the most popular HDB estates in Singapore. This housing estate offers close proximity to several primary and secondary schools and convenient amenities. Sengkang is a new town that is experiencing rapid growth in population and commercial development.

In the years to come, the URA Master Plan will also introduce more green spaces and recreational facilities to ensure more leisure spots are provided to its nearly 250,000 residents.

High HDB Resale Volume in Sengkang

One key reason why Sengkang is an estate to look out for is largely due to its notable high resale volumes for HDB housing. While resale HDB prices are at an eight-year high, Sengkang is ranked the second-highest estate for resale volumes between January 2020 and February 2021. This implies that residents can benefit from the active property market in this area.

Upcoming Executive Condominium (EC) Launch

The launch of any EC can often cause hype in an estate and the upcoming launch of Parc Greenwich, a 500-unit EC project located at Fernvale Lane, may draw the attention of many HDB upgraders or first-time homebuyers.

Although the Parc Greenwich EC does come with some trade-offs in terms of location and convenience, the affordable prices provide an easy entry into the condo market and great potential for capital appreciation when the estate privatises after 10 years.

Tampines is in the East Region of Singapore and this estate is currently undergoing developments to create a more scenic living environment and more commercial spaces to boost the vibrancy of this estate.

Many of us may not be aware that Tampines is the proud winner of the United Nations World Habitat Award for Excellence in Housing Design in 1992 for the estate’s smart design and utilisation of mechanised construction methods to construct a host of facilities for its residents.

Upcoming HDB BTO in Tampines

Tampines will have two HDB BTO launches in August 2021 where over 2,000 units of new flats will be open for sale. Located at Tampines Street 96 and Tampines Street 94, homebuyers of these new units will benefit from living in close proximity to Tampines West MRT, Our Tampines Hub, and SAFRA Tampines.

These BTO launches open up an opportunity for new homebuyers who aspire to live in the Eastern part of the island and start a new life in a mature estate where there are more comprehensive amenities.

URA Master Plan for Tampines and East Region

Tampines has already been a fortunate recipient of a great number of developments that are happening in the estate.

With the Tampines Town Hub, Singapore’s first integrated lifestyle hub in the heartlands and developments such as the expansion of Changi General Hospital, improved transport infrastructure, growth of business parks, and educational institutions, the estate is set to become one of the key estates in the East to embrace Singapore’s decentralisation strategy to bring “live, work, and play” closer to home.

Read Next

The Best Financial Advice (And A Few Jokes) From Dads Since The 1970s

Transforming A Tranquil, Minimalist 825sq ft Terrace Home

Can You Afford To Live In Singapore On Your Current Salary? 4 Things To Consider

Text by: Pooja Khandelwal/ValueChampion