Minister for National Development, Desmond Lee, has announced that the final two pandemic-delayed projects from HDB have been completed as of January 20. The two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, mark the completion of HDB’s pandemic-delayed housing projects. In total, 92 projects have been completed over the past five years, delivering more than 75,800 new flats to Singaporeans.
In 2024, HDB completed a total of 22 housing projects, with 17 of them being delayed due to the pandemic. The remaining 5 projects were completed on time, except for one that was delayed for non-pandemic related reasons.
These 22 projects included two Shorter Waiting Time (SWT) projects, Parc Glen at Tengah and Grove Spring at Yishun, which were completed in less than three years. In total, they comprised 1,995 flats. The other projects had waiting times of up to five years. Overall, more than 18,000 flats were completed in 2024.
Owners of Punggol Point Cove (Phase 2) have been receiving the keys to their new home since November 2024, while key collection for Kempas Residences began in mid-January this year. HDB is expected to inform the remaining flat owners of their key collection date soon, after the completion of the final blocks within both projects this month.
Punggol Point Cove (Phase 2), located along New Punggol Road, comprises 1,179 units of two-room flexi, three-, four- and five-room flats across six residential blocks. Due to pandemic delays, the project’s last block was completed 12 months after its original Probable Completion Date (PCD). As of January 15, 657 households or 59% of the 1,109 booked units have collected their keys.
According to HDB, the completion of Punggol Point Cove (Phase 2) marks the completion of all flats in the Punggol Point District. This includes Punggol Point Cove (Phase 1), Punggol Point Woods and Punggol Point Crown BTO projects, which were completed in 2024.
Kempas Residences BTO project, situated between Serangoon Road, Lavender Street, and Boon Kheng Road, has 583 units of two-room flexi, three-, four-room flats across four residential blocks. The final block, which was delayed by six months from its original PCD, was completed in mid-January. As of January 15, 37 households or approximately 7% of 555 booked units have collected their keys.
Currently, there are 110 HDB housing projects under construction, an increase from 95 projects a year ago due to the growth in BTO supply in recent years. HDB says it is on track to complete approximately 17,000 flats across 27 projects in 2025.
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