The HDB is launching one of its most affordable BTO prices ever in recent years, with 2-room flats going as low as S$28,000 and 3-room flats from S$132,000 after Additional CPF Housing Grant (up to S$40,000) and Special CPF Housing Grant (up to S$20,000).
These BTO flats are at a housing district called Punggol Northshore, with two projects namely Northshore Residences I and II. Located along Punggol Way, next to a Samudera LRT station which is still closed due to lack of demand. The 4,040 BTO units are expected to be completed in 5 years times on Q2 2020, along with other new launches in Tampines, Sembawang and Clementi.
Punggol Northshore flats will also boast of an energy monitoring system and sensor-detection carpark system similar that of condominiums.
The announcement come timely in an election period which might take place in less than 18 months. Incidentally, the Punggol Northshore is launched right next to the Opposition Workers’ Party-held Punggol-East ward, who won the constituency from a former PAP MP Michael Palmer after he resigned for having an affair with his grassroots leader.
Do you think the Workers’ Party may lose Punggol East SMC?