Final two pandemic-delayed BTO projects completed: HDB
By Ashley Lo
/ EdgeProp Singapore |
Kempas Residences comprises 583 units of two-room flexi, three-, four-room flats across four residential blocks (Picture: Kwan Yong Construction Pte Ltd)
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Minister for National Development Desmond Lee has announced the completion of the final two pandemic-delayed projects from HDB, according to a Jan 20 release.
The two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, mark the completion of HDB’s pandemic-delayed housing projects. As a whole, the 92 projects have delivered over 75,800 new flats to Singaporeans over the last five years.
In 2024, HDB completed a total of 22 housing projects, 17 of which were delayed by the pandemic. With the exception of one that was delayed due to non-pandemic reasons, the remaining four housing projects were completed on time.
The 22 housing projects included two Shorter Waiting Time (SWT) projects, which were completed within a waiting period of less than three years. The SWT projects, Parc Glen at Tengah and Grove Spring at Yishun, comprised a total of 1,995 flats.
The remaining projects had waiting times of up to five years. Overall, over 18,000 flats were completed in 2024, says HDB.
Flat owners of Punggol Point Cove (Phase 2) have been receiving the keys to their new home since November 2024, while key collection for Kempas Residence began in mid-January this year.
HDB is expected to notify the remaining flat owners of their key collection date soon, following the completion of the final blocks within both projects this month.
Located along New Punggol Road, Punggol Point Cove (Phase 2) comprises 1,179 units of two-room flexi, three-, four- and five-room flats across six residential blocks. Following pandemic delays, the project’s last block was completed 12 months from its original Probable Completion Date (PCD) earlier this month.
As at Jan 15, 657 households or 59% of 1,109 booked units have collected their keys.
According to HDB, the completion of Punggol Point Cove (Phase 2) marks the completion of all flats in the Punggol Point District. This includes Punggol Point Cove (Phase 1), Punggol Point Woods and Punggol Point Crown BTO projects, which were completed in 2024.
Situated between Serangoon Road, Lavender Street and Boon Kheng Road, Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room flats across four residential blocks.
The final block, which was delayed by six months from its original PCD, was completed in mid-January.
As at Jan 15, 37 households or about 7% of 555 booked units have collected their keys.
Currently, 110 HDB housing projects are under construction, up from 95 a year ago due to the increase in BTO supply in recent years. HDB says it is on track to complete around 17,000 flats across 27 projects in 2025.
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