HDB is launching a new type of high-tech flats or smart flats at Punggol Northshore. And they are rather kind on the pockets too, with prices starting at $28,000 for a 2-room flat (after subsidies).
These 2-, 3-, 4- and 5-room flats at Punggol Northshore will be launched tomorrow and will feature the infrastructure to install smart systems such as energy consumption monitoring systems or alarm and alert systems for the elderly.
Photo credit: HDB
The smaller, and markedly lower-priced 2-roomers may be just the thing for singles and the elderly living alone. Sized at 36 sq to 45 sq m, singles who apply for one alone qualify for the Additional Housing Grant of up to $20,000 and Special Housing Grant of $10,000. That’s a total of $30,000 off the $88,000 price tag of a new 2-room HDB flat at Punggol Northshore. Previous launches at Sembawang and Yishun consisted of even cheaper 2-room flats starting from $10,000 and $15,000 after grants have been applied.
But these new smart-tech HDB flats could be the new way to go for future HDB flats moving forward. And the launch at Punggol Northshore is situated near the waterfront and boasts of a seamless connection to the LRT, these coupled with the fact that the 4- and 5-room HDB flats are cheaper than resale flats nearby at $130,000 and $170,000; the response for this launch could be more than positive.