Latest news with #KeppelClub
CNA
15-05-2025
- Business
- CNA
1,000 BTO flats at site of former Keppel Club golf course to go on sale in October
SINGAPORE: About 1,000 Build-to-Order (BTO) flats at the site of the former Keppel Club golf course will go on sale in October, National Development Minister Desmond Lee said on Thursday (May 15). The project will offer units ranging from two-room flexi to four-room flats, as well as public rental flats. The new flats will be located next to Berlayer Creek, an area "rich with biodiversity as well as historical maritime connections", said Mr Lee in a Facebook post. "Residents can enjoy the conveniences of downtown living and panoramic views of the waterfront. The estate will be sensitively designed in response to the area's rich biodiversity," he added. "It will come with lush green spaces and stepped building heights of between 19 and 46 storeys." Mr Lee said families can look forward to a preschool and a nature-themed playground. New landscaped terraces and green corridor features will also be integrated into the development to facilitate "ecological movement" and create new habitats to attract and protect biodiversity, as guided by recommendations from an environmental study and feedback from nature groups. It was previously announced that about 9,000 new homes will be built on the Keppel Club site, with about two-thirds being Housing and Development Board (HDB) flats. Mr Lee said in April 2022 that the first BTO project on the site would be launched for sale within three years. When asked in 2022 if the flats at the Keppel Club site would be Prime flats, HDB said "a range of factors" would need to be considered. These include the project's "locational attributes and market values". Prime flats are priced with more subsidies to ensure affordability, but also come with tighter restrictions on resale and rental to reduce the 'lottery effect'. One such restriction is the subsidy clawback – derived as a percentage of the flat's resale or valuation price, whichever is higher. Prime flats also come with a 10-year minimum occupation period. NEW FLATS IN TOA PAYOH Mr Lee also said about 740 flats in Toa Payoh Town (West) will go on sale in the July BTO exercise. The new estate will have an eating house, shops and a preschool. "Apart from being conveniently located near Caldecott MRT station, residents will also have easy access to a hawker centre and neighbourhood shops," Mr Lee said. The new flats will be at the junction of Toa Payoh Rise and Braddell Rise, and is next to Lighthouse School, according to a map on HDB's website. It is within a five-minute walk of Caldecott MRT station and is also near Braddell MRT station. The flats in Toa Payoh Town (West) are among the 5,400 flats that will be launched in the July BTO exercise. Flats in Bukit Merah, Bukit Panjang, Clementi, Sembawang, Tampines and Woodlands will also be up for sale. Mr Lee said: "We are committed to ensuring that public housing remains affordable, inclusive and accessible for Singaporeans by building more homes across the island, including in areas near to the city centre. "This will enable families to live closer to their workplaces or their elderly parents who may be staying in the older HDB towns nearer to the city centre, for mutual care and support."
Yahoo
15-05-2025
- Business
- Yahoo
1,000 BTO flats on former Keppel Club site to be launched in October
SINGAPORE - Around 1,000 Housing Board Build-To-Order (BTO) flats that will be built on the site of the former Keppel Club will be launched for sale in October. Located within the Greater Southern Waterfront development, the BTO project will have two-room flexi to four-room flats, and public rental flats, National Development Minister Desmond Lee said in a Facebook post on May 15. The upcoming blocks will be between 19 and 46 storeys high. Mr Lee said the estate will have lush green spaces, designed in line with the area's rich biodiversity. Berlayer Creek, which is beside the project, houses one of two remaining mangroves in southern Singapore. A granite rock outcrop, known as Batu Berlayar in Malay, or Sailing Rock, once stood near Berlayer Creek and guided maritime traders safely to Singapore's shores as early as the 14th century, Mr Lee noted. 'New landscaped terraces and green corridor features will also be integrated into the development to facilitate ecological movement and create new habitats to attract and protect biodiversity, as guided by recommendations from an environmental study and insightful feedback from nature groups,' he said. A pre-school and a nature-themed playground will be located in the estate. The BTO project, the first to be launched at the 48ha site, will be part of 6,000 HDB flats and 3,000 private homes that will be built there. The new estate is part of the mature town of Bukit Merah, bounded by Telok Blangah Road, Berlayer Creek and Bukit Chermin. Its future residents will be served by Labrador Park and Telok Blangah MRT stations on the Circle Line, which will be connected to the estate via walking trails. Within the site, about 20 per cent of the area – close to 10ha, which is the size of around 18 football fields – will be set aside for parks and open land. In July, HDB will offer about 740 flats in Toa Payoh West near Caldecott MRT station, Mr Lee added. The project, bounded by Toa Payoh Rise and Braddell Rise, will have an eatery, shops and a pre-school. Its residents can also access a nearby hawker centre and neighbourhood shops, Mr Lee said. HDB's flat portal said the development will have two-room flexi, three- and four-room flats. Mr Lee said the authorities are committed to ensuring that public housing remains affordable, inclusive and accessible for Singaporeans by building more homes across the island, including in areas near to the city centre. 'This will enable families to live closer to their workplaces or their elderly parents who may be staying in the older HDB towns nearer to the city centre, for mutual care and support,' he said. The Government will launch more than 50,000 flats between 2025 and 2027. In 2025, HDB will put out about 19,600 homes across various projects. Source: The Straits Times © SPH Media Limited. Permission required for reproduction Discover how to enjoy other premium articles here
AsiaOne
15-05-2025
- Business
- AsiaOne
1,000 flats at former Keppel Club golf course to be offered in October BTO exercise, Singapore News
Around 1,000 Build-to-Order (BTO) flats at the former Keppel Club golf course will be launched during the Housing Development Board's (HDB) BTO exercise in October this year, according to National Development Minister Desmond Lee. Lee announced the project in a Facebook post on Thursday (May 15), reiterating the government's goal to launch approximately 19,600 homes across multiple projects this year. The estate is part of the mature town of Bukit Merah and will feature "around 1,000 units ranging from 2-room Flexi to 4-room flats, as well as public rental flats", he stated. According to Lee, the 48-ha site is located next to the Berlayer Creek mangrove trail, and residents will be able to enjoy the conveniences of downtown living and panoramic views of the waterfront. "The estate will be sensitively designed in response to the area's rich biodiversity. It will come with lush green spaces and stepped building heights of between 19 and 46 storeys," Lee said, adding that the project will also feature green corridor installations that were based on environmental studies and consultations with nature groups. The BTO project is the first to be launched within the development known as the Greater Southern Waterfront. In 2022, HDB had announced that the area would yield 6,000 HDB flats and 3,000 private homes. In his post, Lee also highlighted a July 2025 BTO exercise which will offer around 740 units in Toa Payoh Town (West). The housing project, located near Caldecott MRT station, will feature an eating house, shops and a preschool. "We are committed to ensuring that public housing remains affordable, inclusive and accessible for Singaporeans by building more homes across the island, including in areas near to the city centre," said Lee. [[nid:716723]]
Business Times
15-05-2025
- Business
- Business Times
1,000 BTO flats on former Keppel Club site to be launched in October
[SINGAPORE] Around 1,000 Housing Board Build-To-Order (BTO) flats that will be built on the site of the former Keppel Club will be launched for sale in October. Located within the Greater Southern Waterfront development, the BTO project will have two-room flexi to four-room flats, and public rental flats, National Development Minister Desmond Lee said in a Facebook post on Thursday (May 15). The upcoming blocks will be between 19 and 46 storeys high. Lee said the estate will have lush green spaces, designed in line with the area's rich biodiversity. Berlayer Creek, which is beside the project, houses one of two remaining mangroves in southern Singapore. A granite rock outcrop, known as Batu Berlayar in Malay, or Sailing Rock, once stood near Berlayer Creek and guided maritime traders safely to Singapore's shores as early as the 14th century, he noted. 'New landscaped terraces and green corridor features will also be integrated into the development to facilitate ecological movement and create new habitats to attract and protect biodiversity, as guided by recommendations from an environmental study and insightful feedback from nature groups,' Lee said. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up A pre-school and a nature-themed playground will be located in the estate. The BTO project, the first to be launched at the 48ha site, will be part of 6,000 HDB flats and 3,000 private homes that will be built there. The new estate is part of the mature town of Bukit Merah, bounded by Telok Blangah Road, Berlayer Creek and Bukit Chermin. Its future residents will be served by Labrador Park and Telok Blangah MRT stations on the Circle Line, which will be connected to the estate via walking trails. Within the site, about 20 per cent of the area – close to 10ha, which is the size of around 18 football fields – will be set aside for parks and open land. In July, HDB will offer about 740 flats in Toa Payoh West near Caldecott MRT station, Lee added. The project, bounded by Toa Payoh Rise and Braddell Rise, will have an eatery, shops and a pre-school. Its residents can also access a nearby hawker centre and neighbourhood shops, Lee said. HDB's flat portal said the development will have two-room flexi, three- and four-room flats. Lee said the authorities are committed to ensuring that public housing remains affordable, inclusive and accessible for Singaporeans by building more homes across the island, including in areas near to the city centre. 'This will enable families to live closer to their workplaces or their elderly parents who may be staying in the older HDB towns nearer to the city centre, for mutual care and support,' he said. The Government will launch more than 50,000 flats between 2025 and 2027. In 2025, HDB will put out about 19,600 homes across various projects. THE STRAITS TIMES
Straits Times
15-05-2025
- Business
- Straits Times
1,000 BTO flats on former Keppel Club site to be launched in October
The BTO projects will have two-room flexi to four-room flats and public rental flats. PHOTO: DESMOND LEE/FACEBOOK 1,000 BTO flats on former Keppel Club site to be launched in October SINGAPORE - Around 1,000 Build-To-Order (BTO) flats that will be built on the site of the former Keppel Club will be launched for sale in October. Located within the Greater Southern Waterfront development, the BTO projects there will have two-room flexi to four-room flats, and public rental flats, National Development Minister Desmond Lee said in a Facebook post on May 15. The upcoming blocks there will have between 19 to 46 storeys. Mr Lee said the estate will have lush green spaces, designed in line with the area's rich biodiversity. The project is located next to the Berlayer Creek, which houses one of two remaining mangroves in southern Singapore. A granite rock outcrop, known as Batu Berlayar in Malay, or Dragon's Teeth Gate, once stood near Berlayer Creek and served as a navigational marker to guide maritime traders safely to Singapore's shores as early as the 14th century, he noted. 'New landscaped terraces and green corridor features will also be integrated into the development to facilitate ecological movement and create new habitats to attract and protect biodiversity, as guided by recommendations from an environmental study and insightful feedback from nature groups,' Mr Lee said. A preschool and a nature-themed playground will be located in the estate. In July, the HDB will offer about 740 flats in Toa Payoh West near Caldecott MRT station, Mr Lee added. The project, bounded by Toa Payoh Rise and Braddell Rise, will have an eatery, shops and a preschool. He noted that residents can also access a nearby hawker centre and neighbourhood shops. HDB's flat portal said the development will house two-room flexi, three- and four-room flats. Mr Lee said the Government will launch more than 50,000 flats between 2025 to 2027. In 2025, HDB will put out about 19,600 homes across various projects. More on this Topic 3D tools, consultancy service to help BTO buyers visualise or choose future homes Join ST's WhatsApp Channel and get the latest news and must-reads.
