Thursday, July 24, 2008

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HDB-DBSS 6 Sites: Premiere@Tampines, City View@Boon Keng, Central@AMK, Coming: Bishan, Simei, Toa Payoh

1: HDB-DBSS: The Premiere at Tampines

The HDB-DBSS pilot project, Premiere@Tampines located at Tampines Avenue 6, drew almost 6,000 applications for its two-, four- and five-room flats during its launch in late 2006. Units were priced at $138K - $450K. The 616 units in all the six 17-storey towers are completely sold. Premiere@Tampines is scheduled to be completed in 2010.

2: HDB-DBSS: Cityview@Boon Keng

The second DBSS site is at at the junction of Boon Keng Road and Bendemeer Road, walking distance to Boon Keng MRT station. It was priced from $349K - $727K, about 50% above Premiere @ Tampines. Though it saw 5-time over-subscription during its launch, the actual take-up was much smaller. About one-third of its 714 remain unsold.

3: HDB-DBSS:Park Central@AMK

Just launched, it saw more than a thousand applicants but the final take-up is yet to be seen. The 578 units at Central@AMK were priced at an average of $500 psf, about 10% lower than City View at Boon Keng.

The site is situated close to the Ang Mo Kio Town Centre where the MRT station, bus interchange and the AMK Hub with abundant dining, shopping and entertainment facilities; are located. Schools in the neighbourhood include the Presbyterian High School, CHIJ St. Nicholas Girls’ School, Nanyang Polytechnic and Anderson Junior College.

4: HDB-DBSS: Bishan

The site at Bishan Street 24 for tender under the Design, Build and Sell Scheme (DBSS) on Thursday 27 December 2007. The site is located in a middle-aged estate with a wide array of facilities. With the Bishan MRT station and bus interchange just a few streets away, residents can rely on the convenience of ready amenities and services at Bishan Junction 8. The site is also close to the neighborhood Park and education institutions such as Catholic High Schools, Raffles Institution and Raffles Junior College.

The tender has been awarded to Qingdao Construction Group Corporation (Singapore Branch).

5: HDB-DBSS: Simei

The site is located in a matured estate with comprehensive facilities. Just a short stroll away from the Simei MRT station, residents can count on the convenience of ready amenities and services at East Point and the surrounding neighbourhood shops. Established schools nearby like the Griffiths Primary School, Anglican High School, Tampines Junior College and Temasek Polytechnics create a conducive environment for learning. Being close to the Tampines and Bedok stadiums, sports halls and swimming complexes also offer excellent respite for the residents

6: HDB-DBSS: Toa Payoh

HDB has launched the sale of a site at Lorong 1A Toa Payoh for tender under the Design, Build and Sell Scheme (DBSS) on June 2008. The site is located in a mature estate, just minutes away from the Toa Payoh Town Centre with its MRT station and bus interchange. Residents can enjoy easy access to many amenities, such as shops, park, schools, swimming complex, sports hall and stadium.

May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
When to Buy, When Not to by
Property Price Index Graph Plotter & Online Property Valuation
Your Property Investment Determines Your Financial Success in Your Life
HDB Resales: West Sees Highest Price Increase


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