Confirm oversubscribed.
The November 2022 BTO launch sees a good mix of mature and non-mature estates in four HDB estates — Tengah, Kallang/Whampoa, Queenstown and Yishun.
There will be 9,655 units up for grabs, with a total of nine different projects this time round.
That being said, the November 2022 BTO launch will probably be one of the most anticipated projects this year, with the Queenstown BTOs being the superstar of it all.
November 2022 BTO Launch: Queenstown
There are three projects in Queenstown, which may highly possibly see a strong demand since they are located in prime locations and enjoy good connectivity to MRT stations.
Besides being a stone’s throw away from Buona Vista, Dover and Queenstown MRT stations, the area also has amenities such as IKEA Alexandra, ABC Brickworks, Singapore Polytechnic, Anglo-Chinese Junior College, Alexandra Village Food Centre and more.
Due to its attractive location in a mature estate, two of the November 2022 BTO Launch in Queenstown will fall under the Prime Location Public Housing (PLH) model.
HDB BTO November 2022 Queenstown overview and location
The HDB BTO November 2022 Queenstown projects will have about 3,250 units across three projects.
The three Queensway BTO sites are:
- Ulu Pandan Banks
- Ghim Moh Natura
- Queensway Canopy
The site at Ulu Pandan Banks sits directly across Dover MRT, while the development at North Buona Vista Road is a 3-minute walk from Buona Vista MRT.
The Queensway Road site, on the other hand, is about a 13-minutes walk from Queenstown MRT station.
There will be Community Care Apartments, 2-room Flexi, 3-room and 4-room flats available in these projects.
Here’s the unit breakdown of each project:
November 2022 BTO: Ulu Pandan Banks
Source: HDB
Project name
|
Ulu Pandan Banks
|
Site location
|
Along Commonwealth Avenue West, bounded by Ghim Moh Link and Lulu Pandan Canal
|
No. of units
|
1,330
|
Unit types
|
3-room, 4-room
|
Nearest public transport
|
Dover MRT, Buona Vista MRT, Buona Vista Bus Terminal
|
Nearby schools
|
Singapore Polytechnic, School of Science & Technology, United World College of South East Asia (Dover Campus), Dover Court Preparatory School, Anglo-Chinese School (Independent), Anglo-Chinese Junior College, Anglo-Chinese School (International), Fairfield Methodist Secondary School, Fairfield Methodist Primary School, New Town Secondary School, INSEAD, Essec Business School, Tanglin Trust School, Civil Service College
|
Nearby amenities
|
Ulu Pandan Park Connector, The Star Vista, One-North Park, Ulu Pandan Community Club, Buona Vista Community Club, Holland Village, Dover Road Market & Food Centre
|
Unit breakdown
Flat type
|
Number of units
|
Price
|
3-room
|
270
|
S$362k - S$504k
|
4-room
|
1,060
|
S$546k.- S$725k
|
Estimated Completion Date: 3Q2029
Estimated Waiting Period: 71 months
Selection Period: Feb 2023 - Mar 2024
The Ulu Pandan Banks Queenstown BTO 2022 that sits across Dover MRT will feature 130 3-room and 4-room flats.
As mentioned previously, for those who take public transport daily, you can expect to reach Dover MRT with a four-minute walk.
The location has so many top-notch amenities available that you literally do not have to leave your neighbourhood.
If you want to do some shopping, JEM, Westgate, IMM and JCube are located just two MRT stops away. Orchard Road is accessible within a 12-minute drive.
For some cheap local fare, you can head down to Dover Road Market & Food Centre for a quick fix. Else, if you’re looking for proper eateries and restaurants, you can head down to The Star Vista, an urban retail sanctuary that features its run-of-the-mill architecture, unlike other malls. Holland Village Shopping Centre also has rows of restaurants and bars to patronise.
Families with children are in luck as well. There are numerous schools nearby, like Anglo-Chinese School (Independent), Singapore Polytechnic and School of Science & Technology.
For sport and nature lovers, you’d be glad to know that Ulu Pandan Park Connector sits just below the plot.
It will also be the first HDB car-lite precinct, prioritising public facilities and green spaces.
This means that the area is planned upfront with public transport, walking and cycling connections, allowing for the provision of fewer parking spaces. The site will also have a terraced rain garden in the estate, 5ha of greenery and four trails to encourage residents to lead an active lifestyle.
November 2022 BTO: Ghim Moh Natura
Source: HDB
Project name
|
Ghim Moh Natura
|
Site location
|
Along Commonwealth Avenue West, bounded by North Buona Vista Road and Ghim Moh Road
|
No. of units
|
960
|
Unit types
|
2-room flexi, 3-room, 4-room
|
Nearest public transport
|
Buona Vista MRT
|
Nearby schools
|
Singapore Polytechnic, School of Science & Technology, United World College of South East Asia (Dover Campus), Dover Court Preparatory School, Anglo-Chinese School (Independent), Anglo-Chinese Junior College, Anglo-Chinese School (International), Fairfield Methodist Secondary School, Fairfield Methodist Primary School, New Town Secondary School, INSEAD, Essec Business School, Tanglin Trust School, Civil Service College
|
Nearby amenities
|
Ulu Pandan Park Connector, The Star Vista, One-North Park, Ulu Pandan Community Club, Buona Vista Community Club, Holland Village Shopping Centre, Dover Road Market & Food Centre
|
Unit breakdown
Flat type
|
Number of units
|
Price
|
2-room Flexi (Type 1)
|
14
|
S$206k - S$244k
|
2-room Flexi (Type 2)
|
28
|
S$261k - S$314k
|
3-room
|
229
|
S$364k - S$487k
|
4-room
|
720
|
S$516k - S$696k
|
Estimated Completion Date: 1Q2028
Estimated Waiting Period: 53 months
Selection Period: Feb 2023 - Mar 2024
If you like the convenience of having two MRT lines at your doorstep, the upcoming Ghim Moh Natura Queenstown BTO project might just be the one for you.
With just a 5-minute walk, you’ll be able to reach Buona Vista station, located on both the EWL and CCL. You’re also significantly nearer to Holland Village MRT station, that’ll require just a 5-minute drive.
As both North Buona Vista and Ghim Moh Link sites are relatively close, you can expect to enjoy the same amenities including The Star Vista, Holland Village Shopping Centre, and the upcoming One Holland Village.
November 2022 BTO: Queensway Canopy
Source: HDB
Project name
|
Queensway Canopy
|
Site location
|
Along Queensway Road, bounded by the upcoming Queen’s Crescent
|
No. of units
|
996
|
Unit types
|
3-room, 4-room
|
Nearest public transport
|
Queenstown MRT, Commonwealth MRT
|
Nearby schools
|
MDIS (Interim), New Town Primary School, Queensway Secondary School, Tanglin Trust School, Anglo-Chinese Junior College, Anglo-Chinese School (International), Fairfield Methodist Secondary School, Fairfield Methodist Primary School
|
Nearby amenities
|
Alexandra Village Food Centre, ABC Brickworks Hawker Centre, Alexandra-Queensway Park Connector, Alexandra Hospital, Queensway Shopping Centre, Anchorpoint Shopping Centre, IKEA Alexandra, Alexandra Central, Queenstown Swimming Complex & Stadium, Queenstown Community Centre, Mei Ling Market & Food Centre, Kent Ridge Park, 1st SCDP Division HQ/Alexandra Fire Station/ Neighbourhood Police Centre
|
Unit breakdown
Flat type
|
Number of units
|
Price
|
Community Care Apartment
|
245
|
S$82k - S$111k
|
3-room
|
88
|
S$392k - S$488k
|
4-room
|
663
|
S$551k - S$695k
|
Estimated Completion Date: 4Q2028
Estimated Waiting Period: 59 months (Community Care Apartment), 63 months (3-room, 4-room)
Selection Period: Feb 2023 - Mar 2024
Unlike the two projects mentioned above, the Queensway Canopy Queenstown BTO site is located relatively far to the nearest MRT — you will need to take a 13-minute walk to get to Queensway MRT station.
This is the only Queenstown project that will not fall under PLH.
However, we believe that units in this project will continue to be popular because of its close proximity to various malls, mainly Queensway Shopping Centre, Anchorpoint Shopping Centre, Alexandra Central and even IKEA Alexandra, which are just a short five-minute walk away.
If you’re craving some hearty local dishes, you have plenty of options as well. Head down to either Mei Ling Market & Food Centre, Alexandra Village Food Centre or ABC Brickworks.
In close vicinity, there are also numerous amenities like the Alexandra Hospital, Queenstown Swimming Complex & Stadium, Queenstown Community Centre and Alexandra-Queensway Park Connector.
The neighbourhood doesn’t lack schools either, including Anglo-Chinese School (International) and Fairfield Methodist Secondary School.
November 2022 BTO Queenstown price
This launch has high potential to be oversubscribed, and we won’t even be surprised if it turns out to be one of the most expensive BTOs in the November 2022 launch.
Unit type
|
Previous Queenstown BTO Price (HDB BTO May 2022)
|
Previous Queenstown BTO Price (HDB BTO August 2021)
|
Median resale flat prices in the area
|
Community Care Apartment
|
-
|
-
|
-
|
2-room Flexi
|
-
|
-
|
-
|
3-room
|
S$369,000 – S$481,000
|
S$382,000 – S$464,000
|
S$385,000
|
4-room
|
S$511,000 – S$691,000
|
S$540,000 – S$670,000
|
S$829,000
|
Source: PropertyGuru
From the table, you can tell that HDB BTOs in Queensway come with an extravagant price tag. But if you’re looking to flip your flat, you can look forward to selling it for almost a million dollars after the potential 10-year MOP.
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Despite its potential high price tag and no 5-room flats available, we believe that the Queenstown projects will be heavily oversubscribed, given its accessibility to public transport, eateries, shopping malls and numerous good schools.
On top of that, nearby amenities are also abundant — you can find good food options, malls, and sporting facilities near all three Queenstown projects.
However, as two upcoming Queenstown November 2022 BTOs are a PLH project; besides having more stringent requirements, it’s also going to be one of the more expensive BTO launches.
On the flip side, other BTO launches in November 2022 are significantly lower — couples can snatch a prospecting 5-room unit under S$500,000 in Tengah and Yishun.
As 5-room flats are not available at any of the three Queensway sites, we’d reckon that this BTO project will be more suitable for smaller households, such as seniors or couples without kids.
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