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(Bto) Flats in September 2019 Exercise Punggol Point

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(Bto) Flats in September 2019 Exercise Punggol Point ANNEX A1 INFORMATION ON BUILD-TO-ORDER (BTO) FLATS IN SEPTEMBER 2019 EXERCISE PUNGGOL POINT COVE and PUNGGOL POINT CROWN Punggol Point Cove and Punggol Point Crown projects will be located within the Punggol Point district. Punggol Point district is envisioned to be a ‘Green Heritage’ district that embraces nature and pays tribute to Punggol’s history as a fishing village. 2 Located along the eastern shoreline of Punggol Point District, Punggol Point Cove will be sited along New Punggol Road. This development will comprise 6 residential blocks with staggered heights from 8 to 26 storeys, which will make seafront views available to some of the units. Drawing reference from Punggol’s humble beginnings as a fishing village, and later as a fishing port, the unique wave-like structure of the residential blocks are inspired by the free-flowing pattern of waves and interwoven fishing nets. See details in Table A(1)(a). Table A(1)(a): Punggol Point Cove No. of Units Project 2-room Facilities 3-room 4-room 5-room Total Flexi Punggol Point 544 91 371 173 1,179 Childcare centre Cove Residents’ Committee (RC) Centre 3 Punggol Point Crown is bounded by New Punggol Road, Northshore Drive, and a proposed Heritage Trail by NParks. Located on the site for one of Singapore’s earliest zoos, the old Ponggol Zoo, Punggol Point Crown’s landscape will feature thematic zones inspired by various habitats. It will also have a new heritage walk which will be decorated with displays about the site’s history from the 1920s, and design elements such as tiger stripes and animal footprints on the floor. See details in Table A(1)(b). Table A(1)(b): Punggol Point Crown No. of Units Project 2-room Facilities 3-room 4-room 5-room Total Flexi Punggol Point 716 98 501 230 1,545 Childcare centre Crown RC Centre 4 Punggol is a picturesque town with scenic waterways, reservoirs, and waterfronts. There are also several recreational parks such as Punggol Point Park and Jetty, Punggol Waterway Park, and Coney Island Park. 1 5 Be it dining or shopping, Punggol Settlement, Waterway Point, and Punggol Plaza provide residents with a myriad of choices. There are also several heartland shopping areas in Punggol. Find more heartland shops by logging on to Where2Shop@HDB. 6 For families with school-going children, nearby schools include Punggol View Primary school, Punggol Cove Primary School, and the upcoming Northshore Primary School. 7 Commuting is easy with the nearby Punggol Point LRT station and upcoming Punggol Coast MRT station. Punggol MRT/LRT station and bus interchange are located at the town centre. The Tampines Expressway is a short drive away, and connects the residents to other parts of Singapore. 8 Punggol Point Cove and Punggol Point Crown projects will also have several eco-friendly features to encourage green and sustainable lifestyles, such as: Separate chutes for recyclable waste Regenerative lifts to reduce energy consumption Bicycle stands to encourage cycling as an environmentally friendly form of transport Parking spaces to facilitate car-sharing schemes Use of sustainable and recycled products in the development ABC Waters design features to clean rainwater and beautify the landscapes 9 Punggol Point Cove and Punggol Point Crown projects will be installed with the following smart solutions to reduce energy usage: Smart-enabled homes with provisions to support easy installation of smart systems Smart Lighting in common areas to reduce energy usage Smart Pneumatic Waste Conveyance System to optimise the deployment of resources for cleaner and fuss-free waste disposal 2 3 TAMPINES GREENGLEN 10 Residents of Tampines GreenGlen project will be close to Sungei Api Api and next to a proposed park. Tampines GreenGlen will be bounded by Tampines North Drive 1 and Tampines Street 64. See details in Table A(1)(c). Table A(1)(c): Tampines GreenGlen No. of Units Facilities Project 4-room 5-room Total Tampines GreenGlen 330 319 649 Childcare centre RC Centre 11 The Tampines Regional Centre offers plenty of amenities to meet residents’ daily needs, with Tampines Mall, Century Square, and Tampines Plaza housing a variety of shopping and dining options. Residents can choose to unwind at Our Tampines Hub, opting for a relaxing swim at its pool, or a leisurely read at the Tampines Regional Library. For outdoor lovers, there are several parks in the town, such as the Sun Plaza Park, where the residents can embrace nature and greenery. 12 Residents will also have plenty of retail options at the nearby Tampines Retail Park – with its mega warehouse malls like Giant, Ikea, and Courts. Find more heartland shops by logging on to Where2Shop@HDB. 13 Schools in the town include Poi Ching School, Junyuan Secondary School, and St. Hilda’s Primary/ Secondary School. The town is well-served by transport nodes like the Tampines MRT station and bus-interchange, and Tampines Expressway. 14 To encourage residents to embrace sustainable lifestyles, Tampines GreenGlen project is designed with several eco-friendly features, such as: • Separate chutes for recyclable waste • Regenerative lifts to reduce energy consumption • Bicycle stands to encourage cycling as an environmentally friendly form of transport Parking spaces to facilitate car-sharing schemes • Use of sustainable and recycled products in the development • ABC Waters design features to clean rainwater and beautify the landscapes 15 Tampines GreenGlen project will also be installed with the following Smart solutions: Smart Lighting in common areas to reduce energy usage Smart Pneumatic Waste Conveyance System to optimise the deployment of resources for cleaner and fuss-free waste disposal 4 5 INFORMATION ON BTO FLATS IN SEPTEMBER 2019 BTO EXERCISE Table A(1)(d): September 2019 BTO Flat Supply and Pricing Details Estimated Estimated Indicative Flat Internal No. of Contract Floor Area * Price Range # Type Floor Area ^ Units (sqm) (Excluding Grants) (sqm) Non-Mature Town 38 36 363 $109,000 - $135,000 2-room Flexi + Punggol Point 47 45 897 $128,000 - $173,000 Cove 3-room 69 - 74 66 - 71 189 $205,000 - $268,000 Punggol Point Crown 4-room 93 - 96 90 - 93 872 $287,000 - $398,000 5-room 113 - 116 110 - 113 403 $423,000 - $551,000 Mature Town 4-room 94 - 95 91 - 92 330 $312,000 - $380,000 Tampines GreenGlen~ 5-room 113 110 319 $418,000 - $504,000 Note: 1) * Refers to the estimated area of the whole apartment, comprising the internal floor area and the air- conditioner ledge. 2) ^ Refers to the estimated area of the apartment computed based on the centre line of the apartment wall. 3) # Actual prices may vary based on the actual attributes of the flats at the time of selection. 4) ~ Prices include the costs of floor finishes, internal doors and sanitary fittings. 5) + Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. COMPARISON OF NEW FLATS AND RESALE COMPARABLES IN THE VICINITY Table A(1)(e): Prices of Punggol Point Cove, Punggol Point Crown and Resale Comparables in the Vicinity Punggol Point Cove Flat Transacted Prices Punggol Point Crown Type of Resale Flats (Internal Floor Area) $109,000 - $173,000 $230,000 - $255,000 2-room Flexi* (36 sqm - 45 sqm) (46 sqm) $205,000 - $268,000 $335,000 - $360,000 3-room (66 sqm - 71 sqm) (69 sqm) $287,000 - $398,000 $440,000 - $480,000 4-room (90 sqm - 93 sqm) (93 sqm - 95 sqm) $423,000 - $551,000 $560,000 - $688,000 5-room (110 sqm - 113 sqm) (113 sqm - 120 sqm) Note: 6 a) The 2-room to 5-room resale comparables are about 7 to 8 years old. The differences in attributes between the resale comparables and the BTO flats should be taken into account when making a comparison. b) * Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. Table A(1)(f): Prices of Tampines GreenGlen and Resale Comparables in the Vicinity Flat Tampines GreenGlen Transacted Prices Type (Internal Floor Area) of Resale Flats $312,000 - $380,000 $400,000 - $465,000 4-room (91 sqm - 92 sqm) (99 sqm - 104 sqm) $418,000 - $504,000 $470,000 - $575,000 5-room (110 sqm) (119 sqm - 124 sqm) Note: a) The 4-room and 5-room resale comparables are about 23 to 24 years old. The differences in attributes between the resale comparables and the BTO flats should be taken into account when making a comparison. OPTIONAL COMPONENT SCHEME (OCS) a) 2-room Flexi Flats 16 The 2-room Flexi flats will be available in two sizes, 36 sqm and 45 sqm for Punggol Point Crown and Punggol Point Cove projects. Buyers of the 2-room Flexi flats will have the option of flooring (Package 1) and sanitary fittings (Package 2) under the OCS. 17 Elderly buyers of 2-room Flexi flats on short leases for the September 2019 BTO projects, who wish to have a flat in a move-in condition can choose an additional Package 3, see Table A (2) for details. The cost of the optional components will be added to the selling price of the flat. Grab bars will be automatically provided for short- lease 2-room Flexi flats. Table A (2): OCS for 2-room Flexi Flats Short Lease 99-Year Lease OCS Package (15 to 45 Years) 36 sqm 45 sqm 36 sqm 45 sqm Package 1 Flooring for Living/Dining $2,320 $2,230 $2,320 $2,230 and Bedroom# (Punggol Point (Punggol Point (Punggol Point (Punggol Point Crown) Crown and Crown) Crown and Punggol Point Punggol Point $2,410 Cove) $2,410 Cove) (Punggol Point (Punggol Point Cove) Cove) Package 2 $580 $580 7 Short Lease 99-Year Lease OCS Package (15 to 45 Years) 36 sqm 45 sqm 36 sqm 45 sqm Sanitary fittings, i.e.
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