HDB Feb 2024 Hougang BTO

Photo Courtesy of Housing Development Board

Tanjong Tree

Standing tall on Hougang Street 13, Tanjong Tree Residences @ Hougang is offering 4 residential blocks reaching 9 to 12 stories high. Choose your perfect fit from 360 units of 2-room Flexi, 3-, and 4-room flats, each offering a comfortable living space. The central courtyard provides a lush green haven for strolls and peaceful moments. Keep active with dedicated children's playgrounds or maintain your fitness at stations designed for adults and seniors. The neighbourhood also holds a preschool, eateries, supermarket, and convenience stores, ensuring everyday essentials are within reach.

BTO Location

Site Plan

This Hougang BTO launch presents a unique opportunity for homeownership, but be prepared for potential high demand due to the limited number of units (350), being in a mature estate, and the last BTO launch in 2021.

Additionally, with Paya Lebar Airbase moving away in the 2030s, there will be a lot of revitalisation for new towns to be built, improving connectivity across the entire area. This can potentially boost the prices upon the BTO fulfilling the Minimum Occupation Period. (MOP)

Project Details

District:

Nineteen (19)

Town:

Hougang

Housing Model:

Standard

Estimated Waiting Time:

39 Months

Unit Mix

2 Room Flexi (Type 1)

36 Units

2-Room Flexi (Type 2)

118 Units

3-Room:

84 Units

4-Room:

122 Units

Total Units

360

Unit Layout and Budgeting

2 Room Flexi - Type 1

Estimated Floor Area:

40 SQM/430 SQFT

Estimated Internal Floor Area:

38 SQM/409 SQFT

Estimated Price Range Excluding Grants:

S$136,000 - S$177,000

Subjective to changes anytime upon selection

Breakdown of Payment

Based on an average price of:

$145,000

20% Down Payment:

$29,000 (Cash/CPF)

80% Loan:

$526 Monthly Payment

Based on 2.6% HDB Loan Interest Rate and 25 Years Loan

For a more concised breakdown, read this article

2 Room Flexi - Type 2

Estimated Floor Area:

48 SQM/516 SQFT

Estimated Internal Floor Area:

46 SQM/495 SQFT

Estimated Price Range Excluding Grants:

S$145,000 - S$177,000

Subjective to changes anytime upon selection

Breakdown of Payment

Based on an average price of:

$161,000

20% Down Payment:

$32,200 (Cash/CPF)

80% Loan:

$584 Monthly Payment

Based on 2.6% HDB Loan Interest Rate and 25 Years Loan

For a more concised breakdown, read this article

3-Room

Estimated Floor Area:

71 SQM/764 SQFT

Estimated Internal Floor Area:

68 SQM/731 SQFT

Estimated Price Range Excluding Grants:

S$247,000 - S$294,000

Subjective to changes anytime upon selection

Breakdown of Payment

Based on an average price of:

$270,500

20% Down Payment:

$54,100 (Cash/CPF)

80% Loan:

$982 Monthly Payment

Based on 2.6% HDB Loan Interest Rate and 25 Years Loan

For a more concised breakdown, read this article

4-Room

Estimated Floor Area:

95 SQM/1022 SQFT

Estimated Internal Floor Area:

90 SQM/990 SQFT

Estimated Price Range Excluding Grants:

S$371,000 - S$432,000

Subjective to changes anytime upon selection

Breakdown of Payment

Based on an average price of:

$401,500

20% Down Payment:

$80,300 (Cash/CPF)

80% Loan:

$1,457 Monthly Payment

Based on 2.6% HDB Loan Interest Rate and 25 Years Loan

For a more concised breakdown, read this article

Surrouding Lifestyle Essentials

    • 20 Minutes - 30 Minutes to Bartley MRT with public transport

    • 15 Minutes - 20 Minutes to Serangoon MRT with public transport

    • Zion Road Block 91

    • Blk 134 Lor Ah Soo Kimly Coffeeshop

    • Hougang Hainanese Village Centre

    • Urban Mart (Kensington Square)

    • Lickers (Ice Cream Shop)

    • Paya Lebar Methodist Girls’ Primary and Secondary School

    • Yuying Secondary School

    • Xinghua Primary School

    • Anderson Serangoon Junior College

    • Hougang Ave 3 Park Connector

    • Tai Keng Gardens Playground

    • Maplewood Park

    • Paya Lebar Kovan Community Club

    • Serangoon Stadium

    • Hougang Community Club

    • Hougang Active SG Sports Hall, Stadium, Swiming Pool

    • NEX Shopping Mall

    • Hougang N1 Centre

    • Grantral Mall

Recommended Articles

BTO Blueprint: From Application to Keys

Disclaimer:

This blog post is meant for general information only, not as financial, investment, real estate, or legal advice. While I strived to provide accurate and up-to-date information, it's crucial to remember that circumstances change, and this content may not apply to your specific situation. I cannot be held responsible for any decisions made based on the information presented here.

Wrapping up…

That is all for the Feb 2024 BTO Launch! Every person who applies for BTO has their reasons. From staying near parents, looking at future potential gains, preferring a certain unit’s floor plan, pricing or even staying away from the city.

Prioritise which reasons are the most important for you and choose the project that is the most ideal for you.

Do not hesitate to reach out if you have any questions related to your BTO journey!

Pang Chun Enn

R065301I