HDB will reimburse buyers $5,750 on average, with the total reimbursement at about $5.2 million. Read more at straitstimes.com.
SINGAPORE – About six in 10 buyers of Punggol’s Waterway Sunrise II – one of two Build-To-Order projects toduring the Covid-19 pandemic – have collected keys to their flats since December 2022, with the rest to do so by end-March.
Flats in the remaining two blocks will be handed over to buyers by end-March, after final checks are completed, said HDB. HDB said the other BTO project that exceeded its delivery possession date – the 207-unit Anchorvale Village in Sengkang, contractually due by January 2023 – is on track for completion between May and July. Its buyersWaterway Sunrise II’s construction timeline was affected after its original contractor, Lian Ho Lee Construction, ran into financial difficulties and had to cease operations on-site in 2020.
National Development Minister Desmond Lee visiting resident Daryl Pang’s flat at Waterway Sunrise II on March 4, 2023. ST PHOTO: CHONG JUN LIANG “Precast stocks were gathered and stored in temporary occupation licence land to avoid disrupting precast supply to site and ensure construction could proceed smoothly,” said the board.
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