{"id":121203,"date":"2021-08-02T03:19:00","date_gmt":"2021-08-01T20:19:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-bto-flats-in-dover-forest-expected-to-be-high\/"},"modified":"2021-08-02T12:04:20","modified_gmt":"2021-08-02T05:04:20","slug":"demand-for-bto-flats-in-dover-forest-expected-to-be-high","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-bto-flats-in-dover-forest-expected-to-be-high\/","title":{"rendered":"Demand for BTO flats in Dover Forest expected to be high"},"content":{"rendered":"


\nDemand for BTO flats in Dover Forest expected to be highPrices\u00a0for the BTO flats in Dover Forest is expected to be close to the launch price of the Bukit Merah BTO exercise in May 2021, with 4-room flats starting around $600,000 to $700,000. Photo: Google Street View
\nThe upcoming BTO flats in Dover Forest are expected to receive robust demand, amid the increased demand for such flats in mature estates.
\n\u201cRecent studies have shown that the application rates at mature estates have increased over the years and the trend indicates that many young people aspire to live in mature estates,\u201d said OrangeTee & Tie\u2019s Senior Vice-President of Research and Analytics Christine Sun.
\nShe attributed the hike in application rates to various reasons such as the need to be close to their parents, the convenience of working downtown or because almost all million-dollar flats are situated within mature estates, \u201chence some could be hoping to sell their flats at such a high price in the future\u201d.
\nTo meet buyers\u2019 needs, more flats are now being built within mature estates.
\nIn fact, the HDB recently announced that it is setting aside the eastern half of Ulu Pandan, where the Dover Forest is located, for public housing. It added that the first of such projects is set for launch in the second half of 2022.
\n\u201cDemand for these new BTO flats could be quite high,\u201d said Sun, adding that it has been some time since the area has witnessed a new BTO launch \u2013 the most recent of which was a BTO exercise at Clementi in 2017.
\nSun believes that the new BTO flats will provide an added boost to properties within the area.
\nThis comes as authorities will usually set up new community facilities, amenities, playgrounds and parks when new BTO flats are built.
\nShe pointed that the Dover site will even feature a park and natural stream.
\n\u201cTherefore, these additional amenities and features will improve the attractiveness and popularity of the area. They can also enhance the rental and long term investment potential of private residential properties in the vicinity,\u201d said Sun.
\nShe expects the price for the Dover Forest flats to be close to the launch price during the recent Bukit Merah BTO exercise.
\nBTO exercise data for May showed that four-room flats at Telok Blangah Beacon (Bukit Merah Town) carry an indicative price of about $600,000 to $700,000.
\n\u201cTherefore, young couples who may not have the cash or financial support from their families to buy a resale HDB flat or private condominium in this area would appreciate the opportunity to ballot for a new unit in this area at a subsidised rate,\u201d said Sun.
\n\u00a0
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email:\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Demand for BTO flats in Dover Forest expected to be high<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Demand for BTO flats in Dover Forest expected to be highPrices\u00a0for the BTO flats in...<\/p>\n","protected":false},"author":1,"featured_media":121204,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/dover-forest-google-street-view.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vwT","jetpack-related-posts":[{"id":121074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-demand-for-new-flats-in-mature-estates-may-boost-resale-prices\/","url_meta":{"origin":121203,"position":0},"title":"Strong demand for new flats in mature estates may boost resale prices","date":"July 26, 2021","format":false,"excerpt":"\r Strong demand for new flats in mature estates may boost resale pricesHowever, the popularity of public housing within mature estates is apparent for BTO flats only. The top five neighbourhoods for resale flats were a mixture of mature and non-mature estates. Some property experts believe the strong demand for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/New-HDB-flats-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-new-bto-projects-in-mature-estates-increased-by-almost-50-says-hdb\/","url_meta":{"origin":121203,"position":1},"title":"Number of new BTO projects in mature estates increased by almost 50%, says HDB","date":"July 26, 2021","format":false,"excerpt":"\r In the last four years, almost 25,600 BTO flats were offered within older residential areas such as Queenstown, Bukit Merah, Tampines, Toa Payoh, Ang Mo Kio, Bishan and Clementi. The Housing and Development Board on Sunday (25 July) said the number of new Build-to-Order (BTO) projects in mature estates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/BTO-FLAT-hdb.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/august-bto-exercise-sees-higher-demand-for-bto-flats-in-non-mature-estates\/","url_meta":{"origin":121203,"position":2},"title":"August BTO exercise sees higher demand for BTO flats in non-mature estates","date":"August 19, 2021","format":false,"excerpt":"\r 11,420 applicants applied for the 459 four-room units available at Hougang Citrine and Kovan Wellspring. Source: HDB The Housing and Development Board\u2019s (HDB) latest sales exercise saw greater demand for Build-To-Order (BTO) flats within non-mature estates, with four-room flats in Hougang registering the highest demand, reported Channel News Asia\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/HOUGANG-CITRINE-BTO-AUGUST-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":113092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/up-to-17000-bto-flats-to-launch-next-year-lawrence-wong\/","url_meta":{"origin":121203,"position":3},"title":"Up to 17,000 BTO flats to launch next year: Lawrence Wong","date":"December 16, 2019","format":false,"excerpt":"\r This is to meet the additional demand for houses after key policy changes.\u00a0 National Development Minister Lawrence Wong revealed that HDB will be launching 16,000 to 17,000 Build-To-Order (BTO) flats next year to meet additional demand after the roll-out of key policy changes this year, reported The Straits Times.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-encouraged-to-get-bto-flats-in-non-mature-estates\/","url_meta":{"origin":121203,"position":4},"title":"First-time buyers encouraged to get BTO flats in non-mature estates","date":"February 21, 2017","format":false,"excerpt":"\r Young couples have a better chance of getting a flat in a non-mature estate, as the application rates are lower. The Ministry of National Development (MND) has urged families looking to buy their first Build-to-Order (BTO) flat to apply for flats in non-mature estates, where they have a better\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4989-bto-flats-more-than-half-in-mature-estates\/","url_meta":{"origin":121203,"position":5},"title":"HDB launches 4,989 BTO flats, more than half in mature estates","date":"August 12, 2021","format":false,"excerpt":"\r Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to\u00a0be completed. A total of 4,989 Build-To-Order (BTO) flats across seven projects in Jurong East, Hougang, Queenstown, Kallang Whampoa and Tampines were launched for sale by the Housing and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/AUGUST-BTO-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121203"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121203"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/121204"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}