HDB BTO June 2024 Tampines Review: Near Tampines West MRT Station

HDB BTO June 2024 Tampines Review: Near Tampines West MRT Station
HDB BTO June 2024 Tampines Review: Near Tampines West MRT Station

The HDB BTO June 2024 Tampines project will include about 550 units, across 2-room Flexi, 4-room, and 5-room flat configurations. They are a boon to nature lovers and families, as they’ll be living right beside the Tampines Park Connector and close to the Bedok Reservoir.

Even for those who are usually too busy on weekdays, the HDB BTO June 2024 Tampines flats are embedded with facilities (in a mature estate that’s already brimming with amenities!), which are planned to include an eating house, supermarket, shops, and a preschool. How’s that for great convenience?

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HDB BTO June 2024: Latest BTO News

  • From the June 2024 BTO launch onwards, the HDB Staggered Downpayment Scheme will be enhanced to help young couples finance their new homes

  • Beginning this year (2024), the annual BTO launches will be scaled back to three, scheduled for February, June, and October, instead of four

  • HDB intends to introduce fewer BTO flats in 2024, with an estimated 19,600 units compared to the 22,780 units launched in 2023

  • As highlighted in the National Day Rally 2023 speech, the June 2024 HDB BTO launch will signify the cessation of estate categorisation into mature and non-mature categories

  • Following this, starting from the latter half of 2024, newly launched BTO flats will be classified as Standard, Plus, or Prime

BTO Tampines June 2024

Nearest MRT station

Tampines West MRT station

Nearby amenities

Safra Clubhouse (Tampines), Tampines West Community Club, Our Tampines Hub, Century Square, Tampines Mall, Tampines 1, Tampines Round Market and Food Centre, Tampines Changkat Community Club, St Andrew’s Community Hospital, and Bedok Reservoir Park

Nearby schools

Junyuan Primary School, Tampines Primary School, Tampines Secondary School, St Hilda’s Primary/Secondary School, Junyuan Secondary School, Springfield Secondary School, and Temasek Polytechnic

Unit mix and prices

2-room Flexi flats (TBA)
4-room flats (TBA)
5-room flats (TBA)

Location of the Tampines HDB BTO June 2024 flats, bounded by Tampines Avenue 1, Tampines Street 92, and Tampines Street 94 (u/c). Source: <a href="https://homes.hdb.gov.sg/home/bto/details/2024-02_UPB_VEFQX045QzIwXzE3MDU5NzU2NzEwNjY" rel="nofollow noopener" target="_blank" data-ylk="slk:HDB;elm:context_link;itc:0;sec:content-canvas" class="link ">HDB</a>

The HDB BTO June 2024 Tampines flats will be located just a four-minute walk from Tampines West MRT station. Residents will also be a short bus ride away from Tampines MRT station, which has quite a few malls and serves as an interchange for the Downtown Line (DTL) and the East-West Line (EWL).

Additionally, these upcoming Tampines June 2024 HDB BTO flats are also a short bus ride from Tampines Mall and Our Tampines Hub, which houses a library. Close to Bedok Reservoir and the Tampines Park Connector, those who successfully bid for the Tampines HDB BTO June 2024 project will enjoy nature at their doorstep.

There’s also a whole slew of nearby schools and amenities that residents will enjoy.

Tampines BTO Price (HDB BTO June 2024 Launch)

Unit type

Tampines HDB BTO June 2024 prices

Tampines HDB BTO Aug 2022 prices

Tampines HDB BTO Aug 2021 prices

Median Tampines HDB resale flat prices (Q4 2023)

2-room Flexi

From $180,000 (estimated)

N/A

From $142,000 to $196,000

$348,000

4-room

From $400,000 (estimated)

From $381,000 to $438,000

From $342,000 to $445,000

$579,000

5-room

From $550,000 (estimated)

From $520,000 to $590,000

From $475,000 to $597,000

$685,000

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Budgeting for Your Tampines HDB BTO June 2024 Home Loan

HDB BTO June 2024 Tampines unit type

Prices (estimated)

If you take an HDB loan (at 2.6% p.a., 80% LTV)

If you take a bank loan (at 3.25% p.a., 75% LTV)

2-room Flexi

From $180,000

$36,000 downpayment, estimated $653 monthly mortgage repayments

$45,000 downpayment, estimated $658 monthly mortgage repayments

4-room

From $400,000

$80,000 downpayment, estimated $1,452 monthly mortgage repayments

$100,000 downpayment, estimated $1,462 monthly mortgage repayments

5-room

From $550,000

$110,000 downpayment, estimated $1,996 monthly mortgage repayments

$37,500 downpayment, estimated $2,010 monthly mortgage repayments

The above calculations were done using the PropertyGuru Finance mortgage affordability calculator.

[AffordabilityCalculator][/AffordabilityCalculator]

Considering taking a bank loan to finance your Kallang/Whampoa HDB BTO June 2024 flat? Browse the cheapest bank loan rates in Singapore right now.

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Conclusion: Is the Tampines June HDB BTO 2024 Project Worth Balloting For?

Pros of Tampines June BTO 2024

  • Transport links via the Tampines West MRT station on the DTL, linking to the nearby Tampines MRT station on the EWL

  • Amenities galore in a mature/developed estate

  • Plenty of nearby malls, including a large library and sporting hub

  • PIE nearby

  • Bedok Reservoir and Tampines Park Connector nearby

  • Many schools nearby

Cons of Tampines June BTO 2024

  • Low supply of 5-room flats (170 units)

  • Longer travel time to city centre

  • Higher competition

HDB BTO June 2024 Launch Reviews

Before you decide which HDB BTO June 2024 project you should apply for, read our other reviews:

Alternatively, you can consider applying for a Sale of Balance Flats (SBF) launch.

For more property news, content and resources, check out PropertyGuru’s guides section.

Looking for a new home? Head to PropertyGuru to browse the top properties for sale in Singapore.

Need help financing your latest property purchase? Let the mortgage experts at PropertyGuru Finance help you find the best deals.