House hunters looking for a unit in Redhill and Tiong Bahru will be able to pick from two Build-To-Order (BTO) projects in the Housing Board’s (HDB) upcoming sales exercise in May.

Strong demand is expected for both developments, which property analysts said could fall under the prime location public housing (PLH) model as they are in the mature estate of Bukit Merah, where there have been several million-dollar HDB resale deals.

Owners of flats under the PLH model are subject to a subsidy clawback and a 10-year minimum occupation period, among other stricter buying and selling conditions.

In May, around 780 three-room and four-room flats are expected to be launched on a site next to Redhill MRT station.

Another 1,660 three-room and four-room units are slated to be offered on a larger site that is bounded by Tiong Bahru and Henderson roads and within walking distance to Tiong Bahru MRT station.

ERA Realty head of research and consultancy Nicholas Mak noted that it has been some years since new flats were launched near the two MRT stations so these upcoming projects will likely see strong competition for units.

Previous BTO launches in Bukit Merah were mostly in the Telok Blangah area.

Read more at: https://www.straitstimes.com/singapore/housing/bto-flats-near-redhill-tiong-bahru-mrt-stations-to-be-launched-in-may