Final two pandemic-delayed BTO projects completed: HDB
According to HDB, the conclusion of Punggol Point Cove (Phase 2) denotes 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, which were completed in 2024.
Flat proprietors of Punggol Point Cove (Phase 2) have actually been receiving the keys to their new residence ever since November 2024, while key collection for Kempas Residence started in mid-January this year.
As at Jan 15, 37 houses or about 7% of 555 booked units have gathered their keys.
The final block, which was postponed by six months from its first PCD, was completed in mid-January.
In 2024, HDB finished a total of 22 housing properties, 17 of which were delayed by the pandemic. With the exemption of one that was postponed as a result of non-pandemic factors, the remaining four home projects were finished in a timely manner.
Situated around Serangoon Roadway, Lavender Road and Boon Kheng Road, Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room flats across four residential blocks.
As at Jan 15, 657 households or 59% of 1,109 reserved units have picked up their keys.
HDB is expected to inform the waiting flat owners of their key collection date shortly, following the finalization of the final blocks within both projects this month.
Minister for National Development Desmond Lee has recently announced the completion of the final two pandemic-delayed work from HDB, according to a Jan 20 launch.
Both Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, note the conclusion of HDB’s pandemic-delayed housing projects. Overall, the 92 projects have provided over 75,800 new condos to Singaporeans over the last 5 years.
Situated throughout New Punggol Roadway, Punggol Point Cove (Stage 2) consists of 1,179 units of two-room flexi, three-, 4- and five-room apartments throughout 6 non commercial blocks. Following pandemic delays, the work’s last block was completed twelve month from its original Probable Completion Date (PCD) earlier this month.
The remaining ventures had waiting times of as much as five years. On the whole, over 18,000 apartments were carried out in 2024, claims HDB.
At present, 110 HDB housing 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 flats across 27 ventures in 2025.
The 22 housing projects featured two Shorter Waiting Time (SWT) ventures, which were finished within a waiting duration of a lot less than three years. The SWT plans, Parc Glen at Tengah and Grove Spring at Yishun, made up an overall of 1,995 apartments.
