Singapore, 01 Sep 2022 The first public housing site in Dover Forest will be launched in the next Build-To-Order (BTO) sales exercise in November, with around 1,330 three-room and four-room flats up for sale.
The upcoming BTO project, which is within walking distance to Dover MRT station on the East-West line, sits in the eastern half of the forest.
But OrangeTee & Tie senior vice-president of research and analytics Christine Sun noted that the Dover Forest site is more than double the distance away from Raffles Place, compared with previously launched PLH projects.
This makes it unlikely for it to be considered under the PLH model, unless HDB decides to push the boundaries even further from the city centre, she said.
HDB typically only announces whether a BTO project falls under the PLH model on the launch day.
In the ongoing BTO sales exercise, two projects in Bukit Merah near Redhill and Tiong Bahru MRT stations fall under the PLH model.
If the flats fall under the PLH model, prices for a four-room flat could range around $550,000 to $700,000, similar to the PLH projects in Bukit Merah and Queenstown, said Ms Sun.