2022 will be an interesting year, with the debut of the Prime Location Housing flats, as well as demand being at a peak.
Overall, ramped-up production will be good for genuine home buyers; Singaporeans purchasing BTO flats have a better chance this year. On the other hand, owner-investors – particularly those who already own their flats – might be worried about potential supply gluts in the future. For example, the Kallang/Whampoa site is within walking distance of River Peaks; it shares many of the same advantages in terms of location. It’s in distance to Lavender MRT, as well Jalan Besar MRT . With only the inconvenience of a five to seven-minute walk, all the eateries and shops at River Peaks are also amenities to those living at the Kallang/Whampoa site.
This simple fact has made the Kallang/Whampoa site one of the most anticipated. But with only 390 units of 3-room and 4-room flats, we think it’s a long shot for most buyers.The BTO launch in Geylang is right across the road from the famous Old Airport Road Food Centre, where Old Airport Road meets Jalan Enam.
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