Tengah BTO Price: $299,000 for a 4-Room HDB Flat in Non-Mature Estate

Tengah BTO Project Overview

The Tengah BTO project is a highly anticipated development located in the western region of Singapore. The project will comprise a total of 12,000 flats across various flat types, including 2-room Flexi, 3-room, 4-room, and 5-room flats. The project is expected to be completed by 2027 and will be the first BTO project to be launched in the Tengah area.

Tengah BTO Price

The Tengah BTO price has been a hot topic of discussion among potential buyers. The latest BTO launch in Tengah saw prices for a 4-room flat starting from $299,000. This price is considered to be relatively affordable, especially when compared to the prices of similar flats in other mature estates.

Factors Affecting Tengah BTO Price

Several factors affect the Tengah BTO price, including:

• Location: The Tengah BTO project is located in a non-mature estate. Non-mature estates typically have lower property prices than mature estates.
• Flat type: The flat type is another factor that affects the BTO price. Larger flat types, such as 5-room flats, generally have higher prices than smaller flat types, such as 2-room Flexi flats.
• Floor: The floor of the flat also affects the price. Higher floors typically have higher prices than lower floors.
• View: The view from the flat can also affect the price. Flats with unobstructed views of the surrounding area typically have higher prices than flats with obstructed views.

Is the Tengah BTO Price Affordable?

The affordability of the Tengah BTO price depends on several factors, including your income, family size, and housing needs. If you are a first-time homebuyer with a household income of less than $14,000 per month, you may be eligible for the First-Timer Grant, which can help to reduce the downpayment required for a BTO flat.

Conclusion

The Tengah BTO project is a highly anticipated development that offers potential buyers the opportunity to own a HDB flat in a new and upcoming estate. The Tengah BTO price is considered to be relatively affordable, especially when compared to the prices of similar flats in other mature estates. If you are interested in applying for a Tengah BTO flat, it is important to carefully consider your budget and housing needs.

FAQs

Q: What is the Tengah BTO project?
A: The Tengah BTO project is a highly anticipated development located in the western region of Singapore. The project will comprise a total of 12,000 flats across various flat types.

Q: What is the Tengah BTO price?
A: The Tengah BTO price for a 4-room flat starts from $299,000. This price is considered to be relatively affordable, especially when compared to the prices of similar flats in other mature estates.

Q: Is the Tengah BTO price affordable?
A: The affordability of the Tengah BTO price depends on several factors, including your income, family size, and housing needs. If you are a first-time homebuyer with a household income of less than $14,000 per month, you may be eligible for the First-Timer Grant, which can help to reduce the downpayment required for a BTO flat.

Useful Tables

Table 1: Tengah BTO Price List

| Flat Type | Price Range |
|---|---|---|---|---|---|---|
| 2-room Flexi | $230,000 - $260,000 |
| 3-room | $270,000 - $300,000 |
| 4-room | $299,000 - $330,000 |
| 5-room | $350,000 - $400,000 |

Table 2: First-Timer Grant Eligibility Criteria

| Household Income | Grant Amount |
|---|---|---|---|---|---|---|
| Less than $14,000 per month | $40,000 |
| Less than $15,000 per month | $30,000 |
| Less than $16,000 per month | $20,000 |

Table 3: CPF Housing Grant Eligibility Criteria

| Household Income | Grant Amount |
|---|---|---|---|---|---|---|
| Less than $3,500 per month | $70,000 |
| $3,500 - $4,500 per month | $50,000 |
| $4,500 - $6,500 per month | $30,000 |
| $6,500 per month and above | $20,000 |

Table 4: HDB Loan Eligibility Criteria

| Loan Type | Loan Amount | Loan Tenure |
|---|---|---|---|---|---|---|
| HDB Loan | Up to 80% of the purchase price or valuation, whichever is lower | Up to 30 years |
| CPF Loan | Up to 100% of the CPF savings in the Ordinary Account | Up to 30 years |