Final two pandemic-delayed BTO projects completed: HDB

In 2024, HDB completed a sum of 22 home projects, 17 of which were delayed by the pandemic. With the exemption of one that was postponed because of non-pandemic reasons, the remaining 4 housing assignments were completed on schedule.

HDB is anticipated to notify the waiting flat owners of their key collection date soon, following the finalization of the last blocks among both ventures this month.

The final block, which was put off by six months from its first PCD, was accomplished in mid-January.

Situated in between Serangoon Roadway, Lavender Street and Boon Kheng Road, Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room apartments throughout four residential blocks.

Apartment owners of Punggol Point Cove (Phase 2) have actually been obtaining the keys to their new residence ever since November 2024, whilst key collection for Kempas Residence started in mid-January this year.

Located around New Punggol Road, Punggol Point Cove (Phase 2) makes up 1,179 units of two-room flexi, 3-, 4- and five-room apartments throughout six household blocks. Following pandemic delays, the project’s last block was finished one year from its initial Probable Completion Date (PCD) at an earlier time this month.

19 Nassim Keppel Land Limited

The 22 house projects featured two Shorter Waiting Time (SWT) ventures, which were finished in just a waiting duration of much less than 3 years. The SWT projects, Parc Glen at Tengah and Grove Spring at Yishun, comprised a total amount of 1,995 condos.

Minister for National Development Desmond Lee has recently released the finish of the final 2 pandemic-delayed work from HDB, according to a Jan 20 launch.

The two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, mark the completion of HDB’s pandemic-delayed real estate ventures. Overall, the 92 plans have supplied over 75,800 brand-new apartments to Singaporeans over the last five years.

According to HDB, the finalization of Punggol Point Cove (Stage 2) notes the conclusion of all flats in the Punggol Point District. This includes Punggol Point Cove (Phase 1), Punggol Point Woods and Punggol Point Crown BTO ventures, that were finished in 2024.

The remaining ventures had waiting times of up to 5 years. On the whole, over 18,000 apartments were completed in 2024, claims HDB.

As at Jan 15, 37 households or about 7% of 555 reserved units have gathered their keys.

As at Jan 15, 657 homes or 59% of 1,109 lined up units have collected their keys.

At the moment, 110 HDB housing projects are under construction, up from 95 a year ago due to the increase in BTO supply in recent years. HDB says it is on track to accomplish around 17,000 flats across 27 projects in 2025.


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