Final two pandemic-delayed BTO projects completed: HDB

The 22 housing projects consisted of 2 Shorter Waiting Time (SWT) projects, which were finished within a waiting duration of a lot less than three years. The SWT work, Parc Glen at Tengah and Grove Spring at Yishun, consisted of a total of 1,995 condos.

HDB is assumed to notify the remaining flat owners of their key collection date soon, following the finalization of the final blocks just within both plans this month.

As at Jan 15, 657 households or 59% of 1,109 lined up units have gotten their keys.

Located around New Punggol Road, Punggol Point Cove (Stage 2) makes up 1,179 units of two-room flexi, 3-, four- and five-room apartments across six home blocks. Following pandemic delays, the work’s last block was finished twelve month from its first Probable Completion Date (PCD) earlier this month.

The two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, note the conclusion of HDB’s pandemic-delayed property ventures. As a whole, the 92 plans have supplied over 75,800 new apartments to Singaporeans over the last 5 years.

Marina View Residences Singapore

As at Jan 15, 37 households or about 7% of 555 lined up units have received their keys.

At present, 110 HDB housing jobs are under development, up from 95 a year ago due to the increase in BTO supply in recent years. HDB says it is on track to accomplish around 17,000 condos throughout 27 ventures in 2025.

The standing ventures had waiting times of as much as five years. In general, over 18,000 apartments were completed in 2024, claims HDB.

In 2024, HDB completed a total of 22 home properties, 17 of which were delayed by the pandemic. With the exemption of one that was delayed due to non-pandemic reasons, the remaining 4 housing plans were completed on schedule.

According to HDB, the finalization of Punggol Point Cove (Stage 2) notes the completion of all condos in the Punggol Point District. This includes Punggol Point Cove (Phase 1), Punggol Point Woods and Punggol Point Crown BTO projects, that were finished in 2024.

Apartment homeowners of Punggol Point Cove (Phase 2) have actually been obtaining the keys to their new residence as November 2024, whilst key collection for Kempas Residence started in mid-January this year.

The final block, which was put off by six months from its original PCD, was finished in mid-January.

Minister for National Development Desmond Lee has publicized the finish of the last 2 pandemic-delayed ventures from HDB, according to a Jan 20 launch.

Situated in between Serangoon Roadway, Lavender Road and Boon Kheng Road, Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room flats throughout four residential blocks.


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