In another unsurprising move to increase prices, property analysts have predicted that the new Housing Development Board (HDB) Build-to-Order (BTO) units in Bidadari estate, located between MRT stations Woodleigh and Potong Pasir, will probably come at a premium.
ERA Realty’s key executive officer Eugene Lim says: “The nearest recent BTO in the vicinity was St George around the Boon Keng MRT station, which is just one stop away from Potong Pasir, where Bidadari is next to.
“That was in September last year and the flats back then were launched, from S$328,000 for a three-room flat, and for a four-room flat, it started from about S$459,000. So we would expect pricing for the flats in Bidadari to be in the range of, for a three-room flat, S$300,000 to S$350,000, while for a four-room flat, S$400,000 to S$450,000. As for the larger five-room flats, (it is expected) to be around S$600,000.”
A total of 2,150 new flats in Bidadari estate will soon be launched for sale under the HDB’s next BTO exercise, which is expected to take place by the end of September. The BTO flats will comprise two- to five-room units. Priority will be given to those whose parents live in Toa Payoh, Potong Pasir or within the 2km radius.