Kallang Horizon BTO Preview — February 2021 BTO

Bto Project Preview

Kallang Horizon is a Standard BTO launch in KALLANG/WHAMPOA (D12), part of the February 2021 BTO exercise. 440 units across 4 flat types, 5-year minimum occupation period.

Location & amenities

Amenity data not yet enriched for this project. Site analysis updates when the admin runs POST /admin/bto/enrich/4.

Unit mix & indicative pricing

Flat typeUnitsIndicative priceArea (sqm)
2-Room Flexi44$19,000 – $32,00037 – 45
3-Room88$34,000 – $52,00065 – 72
4-Room220$47,000 – $70,00090 – 97
5-Room88$57,000 – $84,000110 – 117

BTO indicative PSF vs nearby HDB resale (KALLANG/WHAMPOA, last 12 months)

Same town, matched flat type. Positive discount = BTO cheaper.

Flat typeBTO PSF (mid)Resale PSF (est.)Discount vs resale
2-Room Flexi$620$74216.4%
3-Room$620$69110.3%
4-Room$620$88029.5%
5-Room$620$83225.4%

Ballot odds & precedent

Final ballot subscription rates

Flat typeApplicantSupplyApplicationsRate
2-Room FlexiFirst-timer2948716.79x
2-Room FlexiSecond-timer13151.15x
3-RoomFirst-timer573415.99x
3-RoomSecond-timer26200.76x
4-RoomFirst-timer1431,0977.67x
4-RoomSecond-timer661291.96x
5-RoomFirst-timer571552.72x
5-RoomSecond-timer26461.76x

Historical precedent: KALLANG/WHAMPOA · Standard

Flat typeApplicantMedian rateSample size
2-Room FlexiFirst-timer16.79x1
2-Room FlexiSecond-timer1.15x1
3-RoomFirst-timer5.99x1
3-RoomSecond-timer0.76x1
4-RoomFirst-timer7.67x1
4-RoomSecond-timer1.96x1
5-RoomFirst-timer2.72x1
5-RoomSecond-timer1.76x1

Affordability worked examples

Assumptions: HDB concessionary loan at 2.6%, 25-year tenure, 75% LTV. Replace grant amounts with your eligibility from the HDB Grant Calculator.

PersonaFlatPriceEst. grantNet priceDownpaymentMonthly
Young couple, first-timer (combined income S$8,000/month)3-Room$43,000$60,000$0$0$0
Family, first-timer (combined income S$12,000/month)4-Room$58,000$30,000$28,000$7,000$95
Upgrader, second-timer (combined income S$16,000/month)4-Room$58,000$0$58,000$14,500$197

Related

Sources & methodology

Methodology & Sources

Figures below are drawn from February 2021 BTO and revised one-time.

HDB resale and rental data from data.gov.sg.

  • HDB project list and indicative pricing sourced from HDB press releases for the February 2021 BTO launch.
  • Nearby resale comparison uses HDB resale transactions in KALLANG/WHAMPOA over the last 12 months (averaged price ÷ midpoint floor area, converted to PSF).
  • Ballot odds precedent aggregates final subscription rates from past BTO launches in KALLANG/WHAMPOA under the Standard tier; median is reported with sample-size.
  • Walkability score from ShiokNest WalkabilityService (DB-based: MRT + schools); OneMap amenities fetched on enrichment.

We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.