Serangoon Brook BTO Preview — June 2024 BTO

Bto Project Preview

Serangoon Brook is a Standard BTO launch in SERANGOON (D19), part of the June 2024 BTO exercise. 420 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/23.

Unit mix & indicative pricing

Flat typeUnitsIndicative priceArea (sqm)
2-Room Flexi42$19,000 – $32,00037 – 45
3-Room84$34,000 – $52,00065 – 72
4-Room210$47,000 – $70,00090 – 97
5-Room84$57,000 – $84,000110 – 117

BTO indicative PSF vs nearby HDB resale (SERANGOON, 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$6575.6%
3-Room$620$6362.5%
4-Room$620$6839.2%
5-Room$620$70211.6%

Ballot odds & precedent

Final ballot subscription rates

Flat typeApplicantSupplyApplicationsRate
2-Room FlexiFirst-timer2755820.66x
2-Room FlexiSecond-timer13181.42x
3-RoomFirst-timer552905.28x
3-RoomSecond-timer25210.83x
4-RoomFirst-timer1378856.46x
4-RoomSecond-timer631452.30x
5-RoomFirst-timer551532.78x
5-RoomSecond-timer25361.43x

Historical precedent: SERANGOON · Standard

Flat typeApplicantMedian rateSample size
2-Room FlexiFirst-timer20.66x1
2-Room FlexiSecond-timer1.42x1
3-RoomFirst-timer5.28x1
3-RoomSecond-timer0.83x1
4-RoomFirst-timer6.46x1
4-RoomSecond-timer2.30x1
5-RoomFirst-timer2.78x1
5-RoomSecond-timer1.43x1

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 June 2024 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 June 2024 BTO launch.
  • Nearby resale comparison uses HDB resale transactions in SERANGOON 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 SERANGOON 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.