SINGAPORE - The Housing Board launched 4,428 Build-To-Order (BTO) flats for sale on Tuesday (Feb 28), including two projects under the prime location public housing (PLH) model in Dover Forest and Farrer Park. These two projects – one in the mature estate of Queenstown and the other in the mature estate of Kallang/Whampoa – come with stricter buying and selling...
Farrer Park Fields which has 1,274 two-room flexi, three-room and four-room flats on a site between Little India and Farrer Park MRT stations.SINGAPORE - The Housing Board launched 4,428 Build-To-Order flats for sale on Tuesday , including two projects under the prime location public housing model in Dover Forest and Farrer Park.
A total of 732 three-room and four-room units are on offer in Ulu Pandan Glades in Queenstown. It is situated in the eastern half of Dover Forest and is near Dover MRT station. The second PLH project in the current sales exercise is Farrer Park Fields, which has 1,274 two-room flexi, three-room and four-room flats on a site between Little India and Farrer Park MRT stations.
Flat owners in the two PLH projects will have to pay 6 per cent of the resale price or valuation, whichever is higher, to HDB when they sell their homes on the open market for the first time. The clawback applies to the first resale transaction and not to subsequent sales.
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