1,600 New BTO Flats Are Coming To These Areas For The First Time In Over 40 Years

While most BTO-hopefuls are likely gearing up for the launch of this month’s Build-To-Order (BTO) sales exercise, let’s not lose sight of the fact that there are two more BTO launches this year – one in June, and the last one in October.

HDB is already sharing tantalising hints that some of the upcoming projects in the June 026 BTO sales exercise might be worth serious consideration.

On Monday, Feb 2, the government announced that it will launch three BTO projects at Lakeview and Shunfu starting from the June 2026 BTO sales exercise. This is the first time in more than four decades that new public housing has been introduced in these areas.

“The nearest existing flats to these future estates are located in the nearby Shunfu Gardens estate, which dates back to 1984. As such, we expect fresh supply to see strong interest, particularly among first-time buyers seeking modern homes in this established neighbourhood,” says Eugene Lim, key executive officer of ERA Singapore.

In addition to the three BTO projects, which will comprise 1,600 new public homes, development plans for this cluster of new public homes include new amenities such as an eating house, minimart, clinic, bakery, hair salon, childcare centre, and Residents’ Network Centre.

The first project at Lakeview, a 1,200-unit development, will be launched in the June 2026 BTO sales exercise.

The other two projects, one in Lakeview, and the other in Shunfu, will launch within the next two years. Collectively, they will yield about 130 units of three-room flats and 290 units of four-room flats.

The upcoming Lakeview BTO project is bounded by Upper Thomson Road and Lakeview Estate condominium. It will comprise five residential blocks with a mix of 470 two-room flexi flats and 740 units of four-room flats. There will be 50 public rental flats spread across two ofthe residential blocks.

The residential blocks will range from 18 to 40 stories that will step down towards the low-rise landed housing estate on neighbouring Taman Permata. Blocks will also be oriented to offer views of the MacRitchie Reservoir.

HDB says that details like the flats’ classification will be announced later.

Christine Sun, researcher and strategist of Realion (OrangeTee & ETC) Group, anticipates high application rates for these new flats, especially given the scarcity of new flats in the area. “There are also many 2-room flexi flats available, which will appeal to singles who may be working in the nearby industrial buildings or in the upcoming sub-regional centre at Bishan,” she says.

She opines that these flats will likely be Prime Flats, sharing many of the characteristics of the flats launched in Bishan Terraces and Mount Pleasant Crest.

According to Realion, the expected launch price of a two-room flexi flat for the Lakeview project could be around $230,000 to $370,000, while four-room flats could be priced fro $550,00 to over $750,000, depending on the height of the unit.

The new BTO development is expected to appeal strongly to first-time buyers who want to live close to mature amenities, transport nodes and even within familiar neighbourhoods. In recent years, several new housing estates have been introduced across the island, from Berlayar at the Greater Southern Waterfront to Mount Pleasant in Toa Payoh, says Lim.

“With Toa Payoh Ascent Prime flats subject to an 11 per cent subsidy clawback, Lakeview and Shunfu flats could see a similar rate should they be classified as Prime units,” he says.