August 27, 2008
HDB launches latest BTO project in Bukit Panjang
By UMA SHANKARI
THE Housing and Development Board (HDB) yesterday launched its 474-
unit Senja Green project in Bukit Panjang.
The flats, offered under HDB's build-to-order (BTO) scheme, are among
8,400 BTO units planned for 2008, HDB said.
Senja Green comprises 96 two-room, 94 three- room and 284 four-room
apartments.
Two-room flats cost $82,000-$106,000, three- room flats $138,000-
$170,000 and four-room flats $211,000-$270,000.
Senja Green is bounded by Woodlands and Senja roads and Senja Way.
Come 2015, residents will also be near the upcoming Downtown Line 2
at Bukit Panjang.
Amid rising HDB prices, the BTO scheme offers first- time buyers one
of the cheapest options, market watchers say.
The flats are priced a shade lower than nearby resale flats, says
Eugene Lim, assistant vice-president of property agency ERA Asia-
Pacific.
A four-room resale flat in the area costs about $280,000, he said.
'The new flats offer buyers a variation from previous BTO projects,
which have mostly been in areas such as Sengkang and Punggol,' he
noted.
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