UPDATED September 2019 BTO Sales Launch: An In-depth Analysis

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September 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

UPDATE: Finally! The Sept 2019 BTO launch is open for application on 11 Sept 2019. We have updated this article to reflect our analysis on it.

NOTE: The Aug 2019 BTO launch date has been pushed back to Sep 2019 to allow applicants to take advantage of upcoming new policies.


General Outlook

Both the September and November 2019 BTO sales launches are unique as they are the first to be announced way in advance. This allows potential applicants to do their research and to plan ahead.

In this guide, we weigh in on the pros and cons of each location in terms of Price, Location & Amenities and Past Subscription Rate. Without further ado, let’s get start started!


1. Punggol

August 2019 BTO Sales Launch, Punggol Singapore Sg
Click to view & zoom | Image source: HDB

Launch Price

Punggol BTO prices, September August 2019 BTO Sales Launch

Image Source: HDB

As seen in the table above, prices for Punggol Point Cove and Punggol Point Crown ranges from $109,000 for a 2-room Flexi to $432,000 for a 5-room flat before grants. As compared to other non-mature towns (like Jurong West or Seng Kang), Punggol has always commanded a higher price point due to the attractive water-front living concept.

In August 2018, a BTO development a stone’s throw away from the current plot was priced as follows:

  • 2-room Flexi: $103,000 onwards
  • 3-room: $188,000 onwards
  • 4-room: $286,000 onwards
  • 5-room: $393,000 onwards

As predicted, the current 2019 launch price is about 5-10% higher than last year’s BTO price which could be due to its newness, inflation and overall property appreciation.

Location & Amenities

Punggol September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Pinch to zoom | Image Source: HDB

Similar to the August 2018 launch, the main attraction of the Punggol launch is that the plot resides just besides the waterfront. (see map above) This means future residents are able to enjoy a lovely sea view and easy access to the surrounding parks.

In terms of transportation, the nearest LRT station (Punggol Point LRT) is just 600m away which means residents are just 2 stations from Punggol MRT where Waterway Point, Punggol Bus Interchange and Punggol Primary School are located.

Looking into the future, Punggol Coast MRT is also an upcoming station that is just 500m away and is only one stop away from Punggol MRT, thus bringing you closer to the town center! Besides, Punggol is on track to becoming a “Digital District” and creating 28,000 jobs in the process. Hence, this bodes well for job & rental opportunities for residents as well!

As a young, fledging and non-mature estate, this BTO plot is almost certain to have plenty of upcoming developments.

Punggol Point Cove

Punggol September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Image Source: HDB

Inspired by Punggol’s past as a fishing port, those looking for a true waterfront living experience should pay close attention to this development! As seen in the map and the artist’s impression above, Punggol Point Cove is located right beside the sea which should bring incredible views.

Punggol Promenade Nature Walk is located right beside this block of flats which will link residents to Coney Island and Punggol Waterfront – perfect for those looking for an active lifestyle!

Punggol Point Crown

Punggol September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Image Source: HDB

Located just across the road is Punggol Point Crown! As seen in the artist’s impression, this development is nature-centric, featuring a new heritage walk and various thematic zones inspired by nature’s habitats. Overall, it’s a great development for greenery lovers!

Amenities-wise, residents are walking distance to fitness stations, a health & medical centre and the Resident Committee Centre.

Past Subscription Rate

What is Subscription Rate you ask? Well, it is the number of times the application for a particular BTO launch exceeds the number of units available. For example, a subscription rate of 2 means that the number of applicants is 2 times the number of units offered!

In August 2018, the subscription rate for Punggol Point Woods and Punggol Point Cove are as follows:

  • 3-room: 3.0
  • 4-room: 4.2
  • 5-room: 7.4

As expected, the demand for flats in Punggol are one of the highest in Singapore. This is due to the attractive waterfront location, predicted price appreciation and good nearby amenities.

To get your best chance at ballot box, be sure to check out our BTO Guide where we cover the various priority schemes you may opt for!


2. Tampines

Tampines GreenGlen September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Pinch to zoom | Image Source: HDB

Launch Price

Tampines GreenGlen September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Pinch to zoomย | Image Source: HDB

As seen in the table above, Tampines GreenGlen will only have 4 and 5-room flats ranging from $312,000 to $504,000 before grants.

These are the prices for the previous Tampines BTO launch in November 2018:

  • 2-room Flexi: $134,000 onwards
  • 3-room: $240,000 onwards
  • 4-room: $352,000 onwards
  • 5-room: $472,000 onwards

Similarly, the 5-room flat experienced a price increase while the 4-room option is priced close to the launch in 2018.

Location & Amenities

Tampines GreenGlen

Tampines GreenGlen September / August 2019 BTO Sales Launch HDB Style Degree Sg Singapore StyleMag

Image Source: HDB

As a mature estate, Tampines GreenGlen is perfect for those looking to stay close to family members living in the east. Besides, this development is right beside Sungei Api Api, a proposed park and a multi-sensory garden – the perfect avenue for those who relish in nature.

Aug 2019 Tampines HDB BTO Sales Launch Tampines North MRT Cross Island Line Analysis Guide Singapore SG
Click to view & zoom | Image source: Land Transport Guru

Tampines GreenGlen is also only about 400m away from Tampines North MRT Station. The station is situated along Cross Island Line (CRL) and will opened by 2029. The first phase of the line will connect riders to other mature estates such as Hougang and Pasir Ris.

Other amenities are nearby parks and a proposed commercial area which should include some shopping facilities. Of course, the “Big 3” shopping malls of Tampines (Tampines Mall, Century Square and Tampines 1) are just a couple of bus stops away!

Past Subscription Rate

In November 2018, the subscription rate in Tampines GreenGem are as follows:

  • 3-room: 4.0
  • 4-room: 4.7
  • 5-room: 6.2

While the November 2018 Tampines BTO is still over-subscribed, it is surprising to see that the application rate is comparable to new non-mature estates such as Tengah and Punggol. Mature estate like Tampines tend to have a much higher subscription rate.

Some reasons may be because of higher prices and that the BTO lot is not situated close to Tampines MRT. Similarly, this might happen to the September 2019 launch and one should take advantage of the relatively lower subscription rate for a higher chance to be successful.

P.S. Note that the November 2019 sales launch will feature a BTO plot that is right beside Tampines MRT and it is expected to face a high application rate.


3. Summary

The September 2019 BTO launch features 2 options for family with varying needs and preference! The plot at Punggol will cater to water-loving families while Tampines will be attractive to families wanting to live in the east, near families and friends.

Regardless of your preference, we wish you all the best in your application and do learn from our 6-Part BTO Guide which will help you make a well-informed housing decision!

Get latest housing news as well as useful tips on home organization, home decor by joining us on Instagram (@style_degree), Facebook and Telegram channel (@HomeownersSG)!

Have a question on BTO-ing, Punggol or Tampines? Leave them in the comments and our team of experts will answer them for you – free of charge!

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