BTO near Tampines MRT station among flats on sale in Feb

Over 1,000 units in Bukit Merah, Toa Payoh located near schools will also be offered

- Isabelle Liew

A 250-unit development near Tampines MRT station and two more projects in the new Sembawang North neighbourhood are among six Build-To-Order (BTO) projects that will go on sale in February.

In Bukit Merah and Toa Payoh, more than a thousand flats located near schools will go on sale in each housing estate.

On its website on Oct 15, the Housing Board published details of 4,600 flats in Bukit Merah, Sembawang, Tampines and Toa Payoh that will be launched in February. About 3,000 balance flats will also be on offer.

Two projects in Tampines will have a total of 530 units.

One of the projects is in Tampines Central 8 - about a five-minute walk from Tampines MRT station and Our Tampines Hub. It will have about 250 units of two-room flexi and four-room flats, as well as a preschool.

Property analysts expect this project to be popular, given its proximity to the MRT station and several shopping malls and amenities in the area. They said the project could fall under the Plus category as it is not near the city centre.

Plus flats, which are near transport nodes and amenities in towns farther from the city centre, come with a 10-year minimum occupation period (MOP) like Prime flats, but with a lower subsidy clawback.

Ms Christine Sun, chief researcher and strategist at Realion Group, expects these flats to be oversubscribed, given that previous BTO launches in Tampines consistently drew high application rates.