Singapore, 05 May 2023 MORE than 900 new Housing Board flats will be built along Sin Ming Road in Upper Thomson, in the first new flats to be launched for sale in the area since 1988.
OrangeTee & Tie senior vice-president of research and analytics Christine Sun noted that the site is located near schools such as Catholic High School and Ai Tong School, as well as Bishan-Ang Mo Kio Park, which would contribute to demand.
“There is a lack of new flats in the area, and prices of new private homes in nearby districts such as Upper Thomson, Bishan, Ang Mo Kio, Marymount and Lentor are quite high,” she said.
The project could have a mix of two-room flexi, three-room and four-room flats, but bigger units like five-room and three-generation flats may not be offered to keep prices affordable, she added.