HDB Completes Pandemic-Delayed Projects, Delivering Over 75,800 Flats in Five Years
Singapore’s Minister for National Development Desmond Lee has announced the completion of the final two housing projects from the Housing and Development Board (HDB) that were delayed due to the pandemic. In a press release on Jan 20th, Lee announced that the two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, are now completed, marking the end of HDB’s pandemic-delayed housing projects. The completion of these two projects brings the total number of new flats delivered to Singaporeans over the past five years to over 75,800.
The year 2024 saw the completion of 22 housing projects by HDB, 17 of which were delayed due to the pandemic. The remaining four projects were completed on time, barring one that faced delays for non-pandemic reasons. Among these 22 projects, two were Shorter Waiting Time (SWT) projects that were completed within a waiting period of less than three years. These two projects, Parc Glen at Tengah and Grove Spring at Yishun, offered a total of 1,995 flats to residents. The remaining projects had waiting periods of up to five years, but the overall result was a staggering 18,000 flats completed in 2024.
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The keys for units in Punggol Point Cove (Phase 2) have been handed over to owners since November 2024, and the keys for Kempas Residence units have been available since mid-January this year. HDB is expected to inform the remaining flat owners of their keys collection date soon, as the final blocks in both projects will be completed this month.
Punggol Point Cove (Phase 2), located along New Punggol Road, consists of six residential blocks offering a total of 1,179 units of two-room flexi, three-, four- and five-room flats. Due to the pandemic, the project’s last block was completed 12 months after its original Probable Completion Date (PCD) earlier this year. As of Jan 15, 657 households (59% of the 1,109 booked units) have collected their keys.
HDB states that the completion of Punggol Point Cove (Phase 2) marks the completion of all flats in the Punggol Point District, including the Punggol Point Cove (Phase 1), Punggol Point Woods, and Punggol Point Crown BTO projects that were completed in 2024.
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Kempas Residences is situated between Serangoon Road, Lavender Street, and Boon Kheng Road, offering a total of 583 units of two-room flexi, three-, and four-room flats across four residential blocks. The final block faced a six-month delay from its original PCD but was finally completed in mid-January. As of Jan 15, 37 households (7% of the 555 booked units) have collected their keys.
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Currently, 110 HDB housing projects are under construction, up from 95 last year, thanks to the increase in BTO supply in recent years. HDB has stated that it is on track to complete around 17,000 flats across 27 projects in 2025. To check out the latest HDB property listings, click here.