The Housing & Development Board (HDB) has announced its final Build-To-Order (BTO) sales exercise for 2025, unveiling ten new projects with approximately 9,144 flats across eight towns. This significant launch marks the debut of public housing in the Greater Southern Waterfront and Mount Pleasant, areas poised for growth and development.
The introduction of these new BTO projects is expected to influence both private homeowners and new flat applicants. Christine Sun, Chief Researcher & Strategist at Realion (OrangeTee & ETC), noted that high demand could drive unsuccessful applicants towards the secondary market, impacting private homes and HDB resale flats nearby. The addition of amenities, such as pre-schools and healthcare facilities, is anticipated to enhance the appeal of these areas, catering to diverse demographic needs.
Among the projects, Berlayar Residences in the Greater Southern Waterfront is expected to attract significant interest. Offering around 880 units, it is conveniently located near Telok Blangah and Labrador MRT stations. Similarly, Redhill Peaks, with 1,021 units, is strategically positioned near Redhill MRT and Bukit Merah Town Centre, appealing to young families due to its proximity to schools.
Mount Pleasant Crest, featuring 1,348 units, introduces the “white flat” layout, offering homeowners flexibility in customising their living spaces. This project is close to reputable schools, making it attractive to families.
With shorter completion periods for about a third of the flats, areas like Telok Blangah, Bukit Merah, and Mount Pleasant are expected to see heightened competition. This BTO exercise not only addresses housing needs but also aims to create balanced and inclusive living environments across Singapore.
