Note: The HDB BTO December 2023 projects have been launched. Applications close on 11 December 2023, 11.59pm.
In the HDB BTO Dec 2023 launch, BTO flats from four mature estates will be available to applicants: Bedok, Bishan, Bukit Merah, and Queenstown.
While not as central as the HDB BTO Dec 2023 Petir Park Edge Bukit Merah and Ulu Pandan Vista Queenstown projects, the Chai Chee Green Bedok and Sin Ming Residences Bishan HDB BTO Dec 2023 projects are not affected by the Prime Location Public Housing (PLH) model. They are thus suitable for those looking for a flat in a mature estate at a more affordable price.
1,234 Chai Chee Green Bedok December 2023 BTO flats have been launched. This batch of Chai Chee Green Bedok HDB BTO 2023 Dec flats will include 3-room, 4-room, and 5-room flats, and Community Care Apartments. Being a large launch with a wide variety of flat types, those who prioritise living in a mature estate should have a relatively good chance of balloting for a flat compared to other mature estate launches.
The Chai Chee Green Bedok HDB BTO Dec 2023 project will occupy a decent location in the neighbourhood, about four stops via bus 26 to Bedok North MRT station. Other MRT stations nearby include Bedok and Kembangan MRT stations. Residents will get to enjoy proximity to some very popular east-side amenities, including eateries, and parks.
Apply for a BTO Flat (Video)
Do note that you will also need to submit a valid HDB Flat Eligibility (HFE) letter alongside your BTO application. The HFE letter accesses your HDB Flat, CPF Housing Grant, and HDB loan eligibility in one step of the HDB homebuying process.
We suggest you apply for the HDB HFE letter ahead of BTO launches – while HDB says it takes up to 21 working days to process, frequent delays have been reported since this letter was introduced in May 2023.
Let’s have a look at what the Bedok HDB BTO Dec launch has in store for us.
Chai Chee Green HDB BTO December 2023 Bedok Map
Chai Chee Green Bedok HDB BTO Location (HDB BTO December 2023 Launch)
| Name of the HDB BTO December 2023 Bedok project | Chai Chee Green |
| Address | Bounded by Chai Chee Lane and Bedok North Road |
| Nearest MRT | Bedok North MRT station |
| Nearest bus interchange | Bedok |
| Nearest schools | Damai Primary School, Damai Secondary School, Telok Kurau Primary School, Fengshan Primary School, Yu Neng Primary School, Red Swastika School, Bedok Green Secondary School, and Temasek Junior College |
| Other nearby amenities | Bedok Mall, Bedok Interchange Hawker Centre, Heartbeat @ Bedok, Bedok Active SG Swimming Complex, Blk 216 Bedok Food Centre and Market, Bedok 85 Market, Bedok Community Centre, Eunos Community Club, Bedok Town Park, Bedok Reservoir Park, and Kampong Kembangan Community Club |
Bounded by Chai Chee Lane and Bedok North Road, the Chai Chee Green Bedok HDB BTO Dec 2023 site will most likely be a few bus stops from Bedok North MRT station. However, for the moment, there is no easy way to walk Bedok North Road, which separates the flats and the MRT station. It remains to be seen if new infrastructure will be added to facilitate the journey to the MRT station.
Those who travel by car will have an easy time commuting to and from the city centre thanks to the entrance of the Pan Island Expressway (PIE) located just a stone’s throw from the Chai Chee Green Bedok HDB BTO December 2023 site.
Residents can reach Bedok Central in a quick bus ride or a half-hour walk. Bedok Central is home to the area’s key amenities, including Bedok Mall, the public library, and the sports centre.
Bedok is also a hotspot for local food, with famous hawker centres such as Bedok 85, Blk 216 Food Centre and Bedok Interchange Food Centre located a quick bus ride away.
With BTO flat types of all sizes available and a decent selection of schools in the area, the Chai Chee Green Bedok December 2023 BTO project will appeal to families with children looking for a mature estate with good amenities.
Want to live in Bedok without having to wait for the Chai Chee Green Bedok HDB BTO Dec 2023 flat? Check out Bedok HDB resale flat listings on PropertyGuru.
Chai Chee Green Bedok HDB BTO Price (HDB BTO December 2023 Launch)
| Unit type | Bedok BTO prices (HDB BTO Dec 2023) | Bedok BTO Price (HDB BTO May 2023) | Previous Bedok BTO Price (HDB BTO Nov 2016) | Median resale flat prices in the area (based on Q3 2023 HDB statistics) |
| 3-room | $298,000 to $360,000 | $320,000 to $396,000 | $276,000 to $308,000 | $370,000 |
| 4-room | $421,000 to $534,000 | $448,000 to $587,000 | $407,000 to $527,000 | $523,000 |
| 5-room | $569,000 to $725,000 | $588,000 to $737,000 | $503,000 to $578,000 | $684,000 |
Being located in a mature estate, the Chai Chee Green HDB BTO Dec 2023 Bedok flats are likely to see high demand and be priced at a premium. As they do not fall under the PLH model, they might see increased demand from buyers hoping to live in a mature estate but who are not willing to apply for PLH flats.
The Chai Chee Green Bedok BTO launch consists of 1,234 3-room, 4-room, and 5-room flats, and Community Care Apartments. The wide range of BTO flat types and the availability of nearby schools mean that the Chai Chee Green Bedok December 2023 BTO project is likely to see a high level of interest from families with kids.
According to HDB’s resale statistics for Q3 2023, the median resale price for 3-room, 4-room, and 5-room flats was $370,000, $523,000 and $684,000, respectively. If these capital gains seem weak, it is likely to be due to the sale of older flats nearing the end of their lease. New flats sold soon after the expiry of the Minimum Occupation Period (MOP) are likely to see strong capital gains.
Budgeting for Your Chai Chee Green Bedok December 2023 BTO Home Loan
| Chai Chee Green HDB BTO December 2023 Bedok unit type | Starting prices | If you take an HDB loan (at 2.6% p.a., 80% LTV) | If you take a bank loan (at 3.6% p.a., 75% LTV) |
| 3-room | $298,000 | $59,600 downpayment, estimated $1,082 monthly mortgage repayments | $74,500 downpayment, estimated $1,131 monthly mortgage repayments |
| 4-room | $421,000 | $84,200 downpayment, estimated $1,528 monthly mortgage repayments | $105,250 downpayment, estimated $1,598 monthly mortgage repayments |
| 5-room | $569,000 | $113,800 downpayment, estimated $2,065 monthly mortgage repayments | $142,250 downpayment, estimated $2,159 monthly mortgage repayments |
The above price estimates do not take into account CPF Housing Grants.
For HDB loans, we have gone with 2.6% and an LTV of 80%, while the sample interest rate used for bank loans is 3.6% with an LTV of 75%. The above figures are based on a 25-year loan. If you can afford to pay higher monthly instalments, you can get a shorter loan tenure and pay off your loan earlier.
For precise information based on your actual home loan, you can use PropertyGuru Finance’s affordability calculator. You can also speak to a PropertyGuru Finance Mortgage Expert for free and personalised advice on your loan and financing options.
Chai Chee Green Bedok BTO Amenities (HDB BTO December 2023 Launch)
Mature Estate With Lifestyle Amenities
Bedok is one of the most sought-after mature estates in the east thanks to its array of established and well-loved amenities including Bedok Mall and Bedok ActiveSG Swimming Complex in the Bedok Central area.
Lots of Good Food Options
Bedok is a foodie’s paradise thanks to the presence of famous hawker centres like Bedok 85, Blk 216 Food Centre, and Bedok Interchange Food Centre. These are just a few of the many local eateries dotting the neighbourhood. Residents also have fairly easy access to eateries in the Siglap and Upper East Coast areas.
Good Transport Connections
With Bedok North MRT station located within walking distance and the entrance to the PIE very nearby, residents will enjoy easy connections to the city centre and other parts of Singapore via public transport and car.
Conclusion: Is Chai Chee Green HDB December 2023 Bedok BTO Worth Balloting for?
Pros of Chai Chee Green Bedok December 2023 HDB BTO
- Mature estate with established amenities
- Near the expressway (PIE)
- Bedok MRT station is within a short drive away
- Lots of good food options
- Decent selection of schools
- 3-room to 5-room BTO flat types available
Cons of Chai Chee Green Bedok December 2023 HDB BTO
- Not that near the city centre
Applying for the Chai Chee Green Dec 2023 BTO Flats
Effective October 2023, first-timer BTO applicants who forfeit their BTO ballots will be considered second-timer applicants for the next year. In a subsequent round, if they reject their BTO ballots again, they won’t be able to apply for any BTO launches for one year. So we suggest you research the HDB BTO Dec launches carefully before making a decision:
- HDB BTO Dec 2023 Launch: Bedok, Bishan, Bukit Merah, Bukit Panjang, Jurong West, Queenstown, Woodlands
- HDB BTO 2023 Bishan Review: 7-minute Walk to Upper Thomson MRT Station
- HDB BTO Dec 2023 Bukit Merah Review: 10-minute Bus Ride to Redhill MRT Station, Facing Alexandra Canal
- HDB BTO December 2023 Bukit Panjang Review: Peaceful Green Haven With Parks and Schools
- HDB BTO December 2023 Jurong West Review: Access to Greenery, Tengah’s New Amenities
- HDB BTO Dec 2023 Queenstown Review: Right Beside Dover MRT Station
- HDB BTO Dec 2023 Woodlands Review: Two Sites Next to Woodlands MRT Station
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