The Housing and Development Board (HDB) is launching two new housing projects, Sunshine Court in Choa Chu Kang and Punggol Regalia in Punggol, under the Build-To-Order (BTO) System today.
A total of 1,181 Studio Apartments (SAs), 3-room, 4-room and 5-room flats in Standard and Premium designs will be offered.
Sunshine Court is located opposite a neighbourhood centre, Sunshine Place, which houses a supermarket, food court, and commercial shops. It is also near schools like Choa Chu Kang Primary, Concord Primary and Bukit Panjang Government High School. The standard contract housing is comprised of 164 SAs, 117 3-room and 171 4-room flats.
Punggol Regalia, a premium contract, has 546 4-room and 183 5-room flats. Located at the junction of Punggol Field and Punggol Place, it is well served by the Punggol MRT/LRT stations and Bus Interchange, and is conveniently located near the future Punggol Town Centre.
Standard flats come with minimal finishes in the kitchen and bathrooms, such as matching wall/floor tiles as well as quality sanitary ware. Meanwhile, premium flats come with better and full finishes such as timber strip flooring to the bedrooms, porcelain ceramic floor tiles for the living and dining area, matching wall/floor tiles in the kitchen and bathrooms, as well as quality sanitary ware. This enables buyers to move in with minimal hassle of renovation.
Externally, premium flat projects come with enhanced architectural designs, facades and landscaping. Premium flats serve to meet the needs of a segment of HDB flat buyers who are looking for special designs and better finishes, and who are prepared to pay more for these flats.
Punggol Regalia
Flat type
Floor Area (sqm)
Internal Floor Area (sqm)
No of units
Indicative Price Range ($)
4-room
93 - 96
90 - 93
546
$252,000 - $316,000
5-room
113 - 118
110 - 114
183
$342,000 - $428,000
Sunshine Court
Flat type
Floor Area (sqm)
Internal Floor Area (sqm)
No of units
Indicative Price Range ($)
Studio Apartment
36
35
60
$58,000 - $66,000
Studio Apartment
47
45
104
$72,000 - $80,000
3-room
67 - 68
65
117
$121,000 - $148,000
4-room
92
90
171
$202,000 - $236,000
According to a press release by HDB, most households will not need to use cash to meet their monthly mortgage payments. For example, a typical 3-room unit at Sunshine Court costs about $135,000. For a family with a household income of $2,200, the monthly mortgage instalment is about $460, after factoring in the Additional CPF Housing Grant (AHG) of $20,000.
The $460 monthly mortgage instalment can be fully paid using CPF contributions. Eligible first-timers whose average monthly household income is $4,000 or less in the 24 months preceding application can qualify for an AHG of up to $30,000.
The monthly household income ceiling for the purchase of the 4-room and 5-room flats in the Premium contract at Punggol Regalia is $8,000. For the Standard 3-room and 4-room flats or Studio Apartments at Sunshine Court, the monthly household income ceiling of $3,000 and $8,000 respectively are applicable. Applicants must also satisfy the other eligibility conditions such as citizenship, family nucleus and non-ownership of private property.
Applications for the new flats can be submitted online from December 30, 2008 (Tue) to January 12, 2009 (Mon). More information can be found on http://www.hdb.gov.sg.
