Final two pandemic-delayed BTO projects completed: HDB

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

At present, 110 HDB home jobs 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 accomplish around 17,000 condos throughout 27 ventures in 2025.

In 2024, HDB finished a sum of 22 house projects, 17 of which were postponed by the pandemic. With the exception of one that was postponed as a result of non-pandemic factors, the standing 4 house projects were accomplished on time.

As at Jan 15, 37 houses or about 7% of 555 reserved units have gathered their keys.

HDB is assumed to inform the remaining flat owners of their key collection date shortly, following the finish of the last blocks just within both plans this month.

Positioned along New Punggol Road, Punggol Point Cove (Stage 2) consists of 1,179 units of two-room flexi, three-, four- and five-room apartments throughout 6 home blocks. Following pandemic problems, the work’s last block was finished one year from its initial Probable Completion Date (PCD) at an earlier time this month.

8@BT condominium

Minister for National Development Desmond Lee has recently released the completion of the last two pandemic-delayed work from HDB, according to a Jan 20 launch.

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

According to HDB, the conclusion of Punggol Point Cove (Stage 2) denotes the completion of all flats in the Punggol Point District. This includes Punggol Point Cove (Stage 1), Punggol Point Woods and Punggol Point Crown BTO ventures, that were finished in 2024.

The remaining ventures had waiting times of as much as five years. Overall, over 18,000 flats were carried out in 2024, says HDB.

The 22 house projects consisted of two Shorter Waiting Time (SWT) projects, that were finished in just a waiting period of much less than 3 years. The SWT plans, Parc Glen at Tengah and Grove Spring at Yishun, made up an overall of 1,995 flats.

The final block, that was delayed by six months from its original PCD, was completed in mid-January.

Flat owners of Punggol Point Cove (Phase 2) have actually been obtaining the keys to their new residence ever since November 2024, whilst key collection for Kempas Residence began in mid-January this year.

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


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