News of HDB flats fetching over $1 million has been hitting the headlines with the latest being a five-room flat atWhile HDB resale flats have gotten more expensive in tandem with the general rise in property prices, there are a number of HDB towns with more affordable flats.
Interested buyers will be pleased to know that 1,016 flats in Lakeside View were launched last month as part of a Build-To-Order exercise. The flats in Lakeside View are ideal for nature lovers and families because of the nearby Jurong Lake and numerous schools. Other surrounding amenities include Lakeside MRT Station, Taman Jurong Market and Food Centre, as well as Boon Lay Shopping Centre.
Connectivity in the west region is set to improve with the completion of the Jurong Region Line in 2029. JRL will have 24 stations spread across Choa Chu Kang, Boon Lay, Jurong, Tengah and the Jurong Lake District. Bedok might be more ideal for elderly couples who plan to age in place after they downgrade to a smaller flat. Moreover, the bulk of the residents in Bedok planning area are between 45 and 64 years old. Lease decay will be less of a concern and a cheaper flat means more savings for retirement.
Sembawang is not included in this year’s BTO exercises, but buyers can look to the resale market as Sembawang has a number of flats that have obtained or will obtain MOP this year. Buyers who prefer to skip the long wait for a BTO flat should consider Marsiling Greenview, which has 821 four and five-room flats that just achieved MOP. Amenities within a one-km radius include Marsiling MRT, Marsiling Mall, Marsiling Primary School and Fuchun Primary School. Woodlands Glen and Admiralty Flora also have flats that obtained MOP this year.Average price for four and five-room flats in Woodlands is trending lower than their counterparts in Sembawang and islandwide .