Draft Master Plan 2019 North-East Region (Punggol) - URA

Creating Liveable & Inclusive Communities

Introducing New Homes in Familiar Places

More established towns such as Ang Mo Kio, Serangoon and Hougang will see new housing options at Lentor Hills, Lorong Chuan and Hougang Avenue 3. Punggol Point will also be enlivened with new waterfront facing housing precincts at Punggol Point.

Punggol Point

Located at the north-eastern tip of Punggol town, Punggol Point is envisioned as a green heritage estate, with easy access to dining, retail and recreational facilities. One of its highlights is the 1.5 km heritage trail along Old Punggol Road, which will seamlessly link Punggol Waterway Park and Punggol Digital District to Punggol Jetty.

Artist's Impression of Punggol Point Housing
© Housing & Development Board

Punggol Town Hub & Linear Green

Punggol Town Hub will be an integrated community hub featuring a regional library, hawker centre, community club, child care centre and health service centres. Linking Punggol Town Hub to Punggol Central and Waterway Point, the Linear Green under the viaduct will provide residents with a pleasant walk, dotted with playgrounds, fitness corners and lush greenery. Residents can also use it to walk to SAFRA Punggol and Punggol Regional Sport Centre conveniently.

Artist's Impression of the Atrium, Punggol Town Hub
© People's Association, DP Architects

Enhancing our Commutes

Growing our Public Transport & Cycling Networks

Residents of the North-East will enjoy shorter and more convenient commutes. With the completion of the Thomson-East Coast Line (TEL) and Cross Island Line (CRL), the region will be served by 5 MRT lines by 2035. New Integrated Transport Hubs will also provide seamless inter-modal transfers and enhance accessibility to amenities.

We will progressively expand the cycling networks within our towns over the next 10-15 years.

Growth of Public Transport Network and Distribution of Employment Nodes in the North East

Active Green & Blue Spaces For All

Creating New Recreational Opportunities

Residents will be able to access the wealth of greenery and waterways in the region more easily with new park connectors in future. There will also be new, varied recreational opportunities for all to interact and play together.

North-East Waterways

The promenades along our waterways at Serangoon Reservoir, Punggol Reservoir and My Waterway@Punggol are popular with cyclists and other recreational users. In the future, these waterways will be transformed into active spaces for water activities, connected to recreational nodes such as Punggol Regional Sport Centre, SAFRA Punggol and Anchorvale Community Club.

Zones for Water Activities and Launch Points

Outward Bound Singapore @ Coney Island

The new Outward Bound Singapore (OBS)@Coney will allow greater access to OBS for participants, and enable OBS to conduct more quality outdoor programmes and expeditions, utilising our green and blue spaces.

Artist's Impression of OBS @ Coney Island
© Ministry of Culture, Community & Youth, and Architects 61

Community Engagement Projects

Punggol Linear Green Community Engagement

Over pop-up exhibitions and a workshop held at Waterway Point and Punggol Green Primary School, Punggol residents actively contributed their ideas, sketches and feedback to co-design the new Linear Green that will be built next to Punggol Town Hub.

Punggol Linear Green Community Engagment
© People's Association

For full details on Draft Master Plan 2019 North-East Region.

Source: URA

Punggol Median Resale Prices For Registered Resale Applications (2nd quarter of 2019 to 1st quarter 2018)- HDB

The following table shows the median resale prices by town and flat type for resale cases registered in the 2nd quarter of 2019 to 1st quarter 2018

Legend

Here are the notes and legends for the symbols used in the following table:

• (-) indicates no resale transactions in the quarter
• Asterisks (" * ") refer to cases where there are less than 20 resale transactions in the quarter for the particular town and flat type. The median prices of these cases are not shown as they may not be representative
• The data excluded transactions that may not accurately reflect the market price, i.e. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, and converted flats
• The figures are rounded to the nearest hundred dollars

Source: HDB Resale Statics

HDB to launch over 2,700 flats in Punggol Point for sale - SRX

The 1,179 units in Punggol Point Cove's second phase will be housed in residential blocks built with a wave-like structure, in a nod to their seafront location.PHOTO: HOUSING BOARD

The Housing Board will launch two new Build-To-Order (BTO) projects in the waterfront district of Punggol Point this month, each with designs that hark back to the town's rich history.

The first, Punggol Point Crown, is inspired by the old Ponggol Zoo that was located near the Strait of Johor between the late 1920s and early 1940s, and owned by the late William Lawrence Soma Basapa.

The other project sees the launch of the second phase of the seafront Punggol Point Cove, whose design draws reference from Punggol's first incarnation as a fishing village.

HDB will roll out the two projects, which comprise 2,724 flats, in its September sales exercise.

Punggol Point is envisioned to be a district that embraces nature and pays tribute to Punggol's history, the HDB said in a statement yesterday.

The 1,545-unit Punggol Point Crown is divided into five thematic zones based on the natural habitats of the animal species that lived in Ponggol Zoo.

Flats available range from two-room flexi to five-room flats, and the projects are expected to be completed in 2024.

The first phase of Punggol Point Cove was launched in August last year alongside Punggol Point Woods. The four projects together will make up the waterfront district of Punggol Point, located next to Punggol Point Jetty.

Communal living and play areas, as well as landscaping, will reflect these design themes.

For example, the playground in the Shoreline zone will include climbing elements reminiscent of stepping stones and boulders, as well as motifs of wader birds and fish, HDB said.

Punggol Point Crown will also have an animal-themed heritage walk dotted with signboards displaying interesting facts about Ponggol Zoo's history, animals and significant visitors.

Meanwhile, the 1,179 units in Punggol Point Cove's second phase will be housed in residential blocks built with a wave-like structure, in a nod to their seafront location.

In recognition of Punggol's rustic village past, each block will have its own courtyard and be linked to other blocks by a series of 10th-storey sky bridges.

Mr Lye Chung Yew, 43, who secured one of the 1,172 units in Punggol Point Cove's first-phase launch, is looking forward to moving in.

"The main reason I applied for it was the sea view. I also like that we will have the sky bridges as it means I will have a good viewing deck to look out to sea," said Mr Lye, who works in the oil and gas sector.

Mr Lye, who currently lives in Punggol, has fond memories of the Punggol Point Jetty area and recalls camping there in his primary school days.

"Back then, it was still all forested and I remember during low tide, we went out to the beach to collect sea shells," he said. "It's a plus point for me to see Punggol's history reflected in the design of the projects as well."

Punggol Point residents like Mr Lye will also have the Punggol Coast MRT station, which will be ready in 2023.

They will be able to make use of the recreational facilities at the nearby Punggol Point Park and Jetty, Punggol Promenade and Coney Island.

HDB said residents can also look forward to more retail and employment options in the Punggol Digital District to the south of Punggol Point from 2023.

Punggol Point is the fifth of seven waterfront districts planned for Punggol Town, which will have 11 districts in total.

HDB BTO Information at Your Fingertips.

Get the most comprehensive and latest updates of BTO launches, unique project characteristics, nearby amenities, pricing forecasts, BTO news, BTO buying guide - Only on srx.com.sg/hdb/BTO

Source: The Straits Times

Source: SRX Property News (02 Sep 2019)

New Condo Launch within 500m of a Cross Island Line (CRL) Station: 2019 Edition - EdgeProp

2019 seems to be the year for new condo launches despite the cooling measures that have been imposed by the government. Developers have been building different types of condo left and right; which is good news for buyers since you’re left with a whole lot of choices.

Since the Cross Island CRL MRT Line is the latest addition to Singapore's growing Mass Rapid Transit System, you might want to check out this new launch condo within 500m radius of its stations, which you can purchase in 2019.

Remember to subscribe to our newsletter below so you can be up to date on the current details.

Cross Island Line (CRL) MRT

The Cross Island Line (CRL) runs from Changi (CR1) to Bright Hill (CR12) as part of its phase 1 and eventually extending to Jurong for the late phases. The aim of the CRL is to make a faster and easier commute between the east and the west.

Those who live near the Cross Island Line (CRL); like all others who live near MRT stations, also have easy access to indulge in their interests once it is completed.

Nature lovers here have many options open to them including Changi Beach Park along Aviation Park Station (CR2), Pasir Ris Beach Park along Pasir Ris Station (CR5) and the Bishan-Ang Mo Kio Park along Ang Mo Kio (CR11) station. Let’s not forget the foodies who will also have plenty of options such as going to Chomp Chomp Food Centre near Serangoon North (CR9) Station and Changi Village Food Centre near Aviation Park Station (CR2).

Affinity at Serangoon

Location: Serangoon North

Closest MRT Station: Serangoon North (CR9)

Ownership Type: Leasehold (99 Years)

Total Units: 1,012

Affinity at Serangoon

Affinity at Serangoon is a 99 year leasehold mega development by Oxley Holdings Limited located along Serangoon North. It consists of 1,012 residential units, 40 townhouses and 5 commercial units. The 40 townhouses are layouted as 2 blocks of 3-storeys and 1 block of 2 storeys. The condo is also just 4 minutes walk from the future Serangoon North Station (CR9).

Schools and Plus Points:

Families living at this property would be happy to know that there are many prestigious schools within the vicinity including Rosyth Primary School, Zhonghua Primary School, Nanyang Junior College, the French School and Australian International School. Moreover families would have plenty of shopping and dining options such as NEX, Chomp Chomp Food Centre and Serangoon Gardens Market right at their doorstep.

Recommended For:

This development is ideal for buyers looking to buy a property near the upcoming Punggol Digital District (PDD) or want to live in a peaceful peace with lots of amenities and facilities that is all within the compound of their development.

Punggol Digital District (PDD) (Photo Credit: JTC)

Pricing:

Prices start from S$701k for 1 bedroom units.

Useful Resources

1) For price trends, recent transactions, other project info, check out the Affinity at Serangoon project details page

2) For the Affinity at Serangoon listings, click here

By Raquel Alexandria / EdgeProp Singapore | August 22, 2019 7:45 PM SGT

Source: EdgeProp

BTO OR RESALE FLAT? - EdgeProp

So, the big question has been popped. The next big question is: Should you get a Build-To-Order (BTO) or resale HDB flat for your first home?

Well, the answer depends on the following factors:

• 1. Your budget

• 2. Urgency of your housing need

• 3. Your preferred location, if any

What is your budget?

If you have a tight budget, you should consider BTO flats which are heavily subsidised. The subsidy means that BTO flats are priced below market value. What’s more, there are various housing grants in place to help Singaporeans own their homes. Eligible first-timer families could receive up to $80,000 of grants for BTOs, or up to $90,000 for a resale flat.

Tip: Get an estimate of the monthly HDB/bank loan repayments, based on loan amount, loan tenure and interest rate.

Do you need a new home urgently?

If you need a new home quickly, a resale flat may be your answer. You can buy a resale flat anytime, without having to wait for the BTO sales launches.

A resale flat transaction could take as little as 8 weeks, assuming all necessary documents are submitted promptly via the HDB Resale Portal. The waiting time for a BTO flat is generally about 3 to 4 years from flat application to key collection.

Tip: You can check the transacted prices of resale flats that you’re eyeing on the HDB InfoWEB.

How particular are you about the location?

Be prepared to have to pay more for a resale flat if you prefer to live in a mature estate. The good news is, you could receive a Proximity Housing Grant of $20,000 if you buy a resale flat within 4 km of your parents’ home; or $30,000 if you arestaying with your parents.

If you are not particular about the location, you can also consider the flats under the Re-Offer of Balance Flats (ROF) exercise where the waiting time is likely to be shorter.

Tip: Subscribe to the HDB eAlert Service for the latest updates on upcoming sale launches.

Did you know?

• 1. First-timer couples who are full-time students or National Servicemen, or have recently completed their studies or National Service, can apply for a flat first, and defer the assessment of income for housing grants and loan till just before keys collection.

• 2. In the August 2018 BTO sales exercise, HDB launched the first batch of flats with shorter waiting time. As these flats are constructed ahead of their sales launch, the waiting time is shorter at about 2.5 years.

• 3. You can rent a flat at below market price from HDB under the while waiting for the completion of your BTO flat.

This article first appeared on MyNiceHome, HDB’s official website for all things related to home buying and renovation in Singapore.

By Eunice Woo / MyNiceHome | August 28, 2019 8:55 AM SGT

Source: EdgeProp

Buyer's Salesperson step-by-step guide on HDB Resale Portal - HDB

Here is an overview of the resale process.

Buyers are required to register an Intent to Buy via the HDB Resale Portal. Through the portal, buyers will be guided on their buying journey and can track their transaction.

As a salesperson, you should:

• Guide your buyers to register an Intent to Buy
• Assist them in their financial planning and application for a housing loan  (if required).
• Advise your buyers on the recent transacted prices and assist them in price negotiation with the sellers
• Go through the important notes of the Option to Purchase and explain the clauses of the contract with your clients. Ensure that your client understands the clauses of the contract before they commit to a flat purchase.
• Assist your buyers to submit the resale application through the HDB Resale Portal or Estate Agent Toolkit (if your agency is a subscriber), and adhere to the timeframe given. You should also assist your buyers in the preparation and timely submission of documents to HDB in order not to delay the resale transaction.
• Guide your buyers on the requirements and things to prepare before attending the resale completion appointment
• Lastly, advise your buyers on the conditions after buying a resale flat

Source: HDB

Seller's Salesperson step-by-step guide on HDB Resale Portal - HDB

Here is an overview of the resale process:

Sellers are required to register an Intent to Sell via the HDB Resale Portal. Through the portal, sellers will be guided on their selling journey and can track their transaction.

As a salesperson, you should:

• Guide your sellers to register an Intent to Sell
• Assist them in their financial planning and estimation of their sale proceeds
• Advise your sellers on the recent transacted prices and assist them in price negotiation with the buyers
• Go through the important notes of the Option to Purchase and explain the clauses of the contract with your clients. Ensure that your client understands the clauses of the contract before they commit to sell their flat.
• Assist your sellers to submit the resale application through the HDB Resale Portal or Estate Agent Toolkit (if your agency is a subscriber) and adhere to the timeframe given. You should also assist your sellers in the preparation and timely submission of documents to HDB in order not to delay the resale transaction.
• Lastly, guide your sellers on the requirements and things to prepare before attending the resale completion appointment

Source: HDB

Singapore’s Least Developed HDB Estates - 99.co

You may sneer and think they’re all ulu, but Singapore’s developing HDB estates are potential gold mines okay? No one laughs at Jurong today, even though we all thought it was the industrial wasteland of Singapore a few decades ago. Here are some to look out for next:

1) Tengah

Tengah is a future HDB town located in the West Region of Singapore. This estate used to be a military training area in the past. However, it is soon to be known as Singapore’s newest HDB town. As it’s the newest HDB estate in Singapore, it is underdeveloped. As such, there are many hopes for this HDB estate to develop fast in the next few years.

Tengah just released its first batch of 1,500 HDB flats in November 2018. As it is underdeveloped, buyers will not see Tengah’s appeal now. However, it’s expected to grow in popularity in no time. This is due to its location near the upcoming Jurong Innovation District.

Future Plans

Tengah is planned to be a model estate to other HDB estates in Singapore for smart and sustainable living.  There will be easy access to quality amenities, generous green spaces and dedicated gardening and farming spaces. A major feature of Tengah that residents can look forward to is the 100 meters wide, five kilometres long forest corridor. It forms part of a larger ecological pathway connecting the Western and Central catchment area.

In the upcoming years, Tengah will comprise of about 42,000 new homes. Public housing will make up more than 70 per cent of the units. With the large volume of people, transportation around will be made easier with the new Jurong Region Line; this new MRT line has 24 stations, and is linked to the North-South Line and East-West Line.

This new MRT line is linked to the North-South Line and East-West Line.

2) Punggol

Punggol is currently known as the newest housing estate in Singapore. However, it still has a long way to go in terms of being a developed estate. At present it’s a mixture of condos, Executive Condominiums, and HDB flats. The estate is connected to the MRT grid by an LRT station though, so that’s one extra stop on the trip.

Each housing unit is seamlessly connected by an LRT station that is within a 300 meters reach.

Future Plans

There are plans to transform Punggol into an eco-friendly residential town. Residents can look forward to more trail, education, community, transport and leisure amenities.

Punggol Digital District is one prominent development that is the talk of the town. It envisions to be a vibrant economic learning hub with shared spaces between both industry and academia. Some would even say Punggol Digital District will be the Silicon Valley of Singapore.

Another major project is the Punggol Town Hub. It has a similar concept to Our Tampines Hub. However, this town hub in Punggol aims to be even bigger. It will be an integrated hub, bringing together programs and services from multiple agencies to serve its residents.

Cycling paths around Punggol Town Hub will also be integrated with the larger cycling network of Punggol. With all these planned improvements for Punggol, it’s definitely an estate to look out for in future.

New cycling path will be integrated with the larger cycling network of Punggol.

3) Sengkang

Sengkang is the second most populous estate in Singapore. It houses 232,100 residents. It has transformed tremendously into a mature housing estate from a fishing village. However, compared to other mature estates, Sengkang still has a long way to go.

Future Plans

Sengkang is becoming increasingly vibrant. In the next few years, residents can see even more amenities and lifestyle destinations within the area. In addition, access to recreational and green spaces will be improved.

Sengkang is just a stone’s throw away from Punggol. As such, this estate will feel the knock-off effect from the developments in Punggol in terms of the Punggol Digital District. Commercial nodes, industrial estates and business parks will be within reach for Sengkang residents. Therefore, this provides more job opportunities for residents as they’ll be able to look for more job opportunities closer to home.

4) Potong Pasir

Located between Toa Payoh and Sennett Estate in the Central Region of Singapore is Potong Pasir. It’s known for its iconic triangular-shaped HDB Blocks. In addition, it’s also one of the estates in Singapore that still retains a strong ‘Kampong Spirit’. For Potong Pasir residents, most of the amenities that can be found are located in Bishan or Toa Payoh.

It’s one of the estates in Singapore that still retains a strong ‘Kampong Spirit’.

Future Plans

While there are no concrete plans for Potong Pasir, areas near this estate such as Bishan and Toa Payoh, are up for redevelopment. With such improvements in these estates, there are bound to be a knock-off effect on Potong Pasir residents. They get to benefit from these upgrading as well. In addition, the property value of Potong Pasir will go up as well.

There are plans to establish a town with a comprehensive range of facilities to meet the needs of current as well as future residents. For instance, Toa Payoh is looking to develop a new sports and recreation centre. Bidadari Park will retain its original greenery where possible as well as incorporate a new lake. In addition, the stretch of waterway at Potong Pasir will be given a facelift through PUB’s Active, Beautiful, Clean Water Projects. With such improvements, Potong Pasir is sure to benefit, thus becoming a more developed estate in the next few years.

by Alexandria Tang

Source: 99.co