In the HDB BTO November 2022 launch, a new batch of flats will be launched in Bukit Batok. The last time a BTO launch occurred in Bukit Batok was February 2021.
The BTO site will be located at the confluence of Bukit Batok West Avenue 2 and Bukit Batok West Avenue 5, and will house 790 2-room, 3-room, 4-room and 5-room flats.
The BTO site enjoys good public transport connectivity (Bukit Gombak MRT located about 10 minutes’ walk away), and Bukit Batok is a relatively established area despite being a non-mature estate. Hence, it is likely to be a popular choice for households looking for an affordable flat.
HDB BTO November 2022 Bukit Batok BTO Map
Want to buy a home in Bukit Batok but don’t want to have to wait for an HDB BTO flat? Browse the latest listings for Bukit Batok resale flats on PropertyGuru.
Bukit Batok BTO Location (HDB BTO November 2022 Launch)
|HDB BTO November 2022 Bukit Batok||TBA|
|Address||Bukit Batok West Ave 2, Bukit Batok West Ave 5|
|Nearest MRT||Bukit Gombak|
|Nearest bus interchange||Bukit Batok|
|Nearest schools||Hong Kah North Community Club, Bukit Batok Hillside Park, Little Guilin, The Quest Shopping Mall, West Mall, Bukit Gombak Sports Hall, Bukit Gombak ActiveSG Stadium, Civil Service Club @ Bukit Batok|
|Other nearby amenities||Dazhong Primary School, Dunearn Secondary School, St Anthony’s Primary School, Swiss Cottage Secondary School, Hillgrove Secondary School, Lianhua Primary School, Millennia Institute, Dulwich College (Singapore)|
The site of the HDB BTO November 2022 Bukit Batok launch is bounded by Bukit Batok West Avenue 2 and Bukit Batok West Avenue 5.
Although Bukit Batok is a non-mature estate, it has well-established amenities. In addition, the Bukit Gombak area where the November BTO site is located is filled with greenery and scenic spots, including Little Guilin, Bukit Batok Hillside Park and, a little further away, Bukit Batok Nature Park.
With numerous primary and secondary schools in the area, the HDB BTO site is well-situated for families with kids.
Although the Bukit Batok November BTO project is likely to be fairly affordable due to its location, it still offers good connectivity via Bukit Gombak MRT on the red North South Line (NSL), which connects directly to Orchard and Raffles Place without the need for any line changes. Hence, it offers a good compromise between price and convenience.
The full range of flat types, from 2-room Flexi to 5-room, will be made available at this launch. Thus, it is likely to be popular with a wide range of household sizes, including families with multiple children.
Bukit Batok BTO Price (HDB BTO November 2022 Launch)
|Unit type||Bukit Batok BTO Price (HDB BTO November 2022)||Previous Bukit Batok BTO Price (HDB BTO February 2021)||Previous Bukit Batok BTO Price (HDB BTO August 2017)||Median resale flat prices in the area|
|2-room Flexi||TBA||$101,000 – $144,000||$87,000 – $164,000||–|
|3-room||TBA||$175,000 – $221,000||$171,000 – $246,000||$345,000|
|4-room||TBA||$260,000 – $334,000||$265,000 – $321,000||$495,000|
|5-room||TBA||$384,000 – $460,000||$353,000 – $418,000||$790,000|
With 790 units up for grabs, the Bukit Batok launch is not a particularly big one. Competition could be fierce due to Bukit Batok being one of the more attractive non-mature estates in the November 2022 launch.
According to HDB’s resale statistics in Q2 2022, the median resale prices in Bukit Batok were $345,000, $495,000 and $790,000 for 3-, 4- and 5-room flats respectively.
“title”: “Types of HDB BTO Flats Available for Selection in Singapore’s BTO Sale Launches (2022)”,
“excerpt”: “For those ready to get yourself your very own HDB BTO flat, you know the first step is to do the necessary research on the flats available for selection. Depending on the project, BTO sale launches typically offer flats ranging from 2-room Flexi to 5-room types.”,
These are significantly higher than the indicative prices of past BTO launches, indicating that the November 2022 BTO flats in Bukit Batok stand a good chance of fetching a good price when their Minimum Occupation Period (MOP) expires, which is also likely to be the time at which they will command the highest premium in their lifetime.
Budgeting for Your Bukit Batok November 2022 BTO Home Loan
Although the HDB BTO November 2022 Bukit Batok flats are going to be fairly affordable, you should still work out how much you can afford before balloting for one.
|HDB BTO November 2022 Bukit Batok unit type||Price||If you take an HDB loan (at 2.6% p.a., 85% LTV)||If you take a bank loan (at 2.3% p.a., 75% LTV)|
|2-room Flexi||$140,000||$21,000 downpayment, estimated $540 monthly mortgage repayments||$35,000 downpayment, estimated $461 monthly mortgage repayments|
|3-room||$200,000||$30,000 downpayment, estimated $771 monthly mortgage repayments||$50,000 downpayment, estimated $658 monthly mortgage repayments|
|4-room||$300,000||$45,000 downpayment, estimated $1,157 monthly mortgage repayments||$75,000 downpayment, estimated $987 monthly mortgage repayments|
|5-room||$400,000||$60,000 downpayment, estimated $1,542 monthly mortgage repayments||$100,000 downpayment, estimated $1,316 monthly mortgage repayments|
We’ve used estimates based on previous BTO launches, but depending on your chosen unit, you might be looking at a different purchase price. CPF housing grants have not been factored into the above prices.
In our calculations, we’ve used an interest rate of 2.6% and an LTV of 85% for HDB loans, and an interest rate of 2.3% and an LTV of 75% for bank loans. All examples are calculated based on a 25-year loan. If you have the means to pay more per month, you can opt for a shorter loan tenure that can be paid off earlier.
If you need a precise estimate, you can use PropertyGuru Finance’s affordability calculator to find out the mortgage repayment amounts based on your loan. If you need advice for your specific situation, you can speak with a PropertyGuru Finance mortgage expert.
Bukit Batok BTO Amenities (HDB BTO November 2022 Launch)
Walking Distance to Bukit Gombak MRT Station
The HDB BTO November 2022 Bukit Batok project is located about 10 minutes’ walk from Bukit Gombak MRT, which takes commuters directly to Orchard and Raffles Place MRT in the city centre without the need for any line changes.
Lush Greenery All Around
The BTO site is located within walking distance of the scenic quarry Little Guilin and Bukit Batok Hillside Park, which occupies a large area of land nearby. The sprawling Bukit Batok Nature Park is located about half an hour’s walk away, and a little further, residents can find the Rail Corridor and Hindhede Nature Park.
Sporting and recreational Amenities
The BTO flats are located near a large number of sporting and recreational amenities, including Bukit Gombak Sports Hall, Bukit Gombak ActiveSG Stadium and Civil Service Club @ Bukit Batok. There is also a bowling alley, Starbowl, in the area, and the Bukit Batok Golf Driving Range.
Plenty of Schools Nearby
There are plenty of schools located within walking distance, including Dazhong Primary School, Dunearn Secondary School, St Anthony’s Primary School, Swiss Cottage Secondary School, Hillgrove Secondary School, Lianhua Primary School and Millennia Institute.
Conclusion: Is HDB November 2022 Bukit Batok BTO Worth Balloting For?
The HDB BTO November 2022 Bukit Batok launch offers a good balance between connectivity/amenities and price. It is thus ideal for those who wish to live in a pleasant neighbourhood with lots of greenery and recreational options without sacrificing public transport connectivity
Pros of November 2022 Bukit Batok HDB BTO
- Walking distance to MRT station
- Lots of greenery
- Lots of sporting and recreational options
- Near many schools
- Relatively affordable
- All flat types available
Cons of November 2022 Bukit Batok HDB BTO
- Likely to see fierce competition for a limited number of flats
- Not so central location
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This article was written by Joanne Poh. A former real estate lawyer, she writes about property and personal finance and spends her free time compulsively learning languages and roller skating in carparks.