![]() ![]() There are also a few food courts for those who prefer local fare. Keat Hong Shopping Centre is a 6-minute stroll away, where you can pick up fresh produce from the wet market or skip the cooking and head straight to the KFC, Pizza Hut or Dominos. *Disclaimer: Walking, public transport ride and driving durations are based on Google Maps estimates. Or if you’re a couple who likes to stretch out and have more dedicated rooms for hobbies, this Choa Chu Kang project will be right up your alley. Source: HDBįamilies looking for more living space should keep an eye on this project. Artist’s impression of Keat Hong Grange BTO. That’s a price difference of S$330,000 to S$369,000 that you can put towards a decent renovation. The price for a 5-room flat at Central Weave AMK is between S$720,000 to S$877,000, while a similar flat at Keat Hong Grange is considerably more affordable at S$390,000 to S$508,000. ĭue to Ang Mo Kio being a mature estate, the prices are higher than that of Choa Chu Kang. The only other launch in the August 2022 BTO exercise with 5-room flats is the Ang Mo Kio BTO. Run, don’t walk – 5-room flats are available in the Choa Chu Kang launch. Flat typeĪugust 2022 Choa Chu Kang HDB BTO: The Pros Cheaper, larger flats By taking this into account, we can find the estimated household monthly income needed for the flat. This is called the Mortgage Servicing Ratio (MSR). A mortgage calculator will also be used to work out the math.ĭo note that for public housing, only up to 30% of your monthly household income can be used to service your home loan. Let’s put this into better focus by taking the median of the price range without accounting for CPF grants or savings. There is no other housing loan to service.The loan tenure is 25 years, with the current interest rate of 2.6%.An HDB loan is taken, maximising the 85% loan-to-value (LTV).These estimates are based on the following assumptions: Here are the price ranges excluding grants: Flat typeĮstimated downpayment, monthly instalment and incomeīased on these price ranges, we can estimate the downpayment, monthly instalments and household income needed to pay for the August 2022 Choa Chu Kang BTO flat. We’ve covered the Choa Chu Kang project in this video, so if you’re the sort who prefers accompanying visuals, do give this one a watch.Īugust 2022 Choa Chu Kang HDB BTO: price range Keat Hong Shopping Centre, Choa Chu Kang Community Club, Teck Whye Shopping Centre August 2022 Choa Chu Kang HDB BTO: A quick glance Source: HDB LocationĪlong Keat Hong Link, Choa Chu Kang Avenue 7, and Choa Chu Kang GroveĬhoa Chu Kang MRT (nearest LRT stations: Teck Whye LRT and Keat Hong LRT) There are a total of 987 units spanning four room types: 2-room Flexi, 3-room, 4-room and 5-room flats. The flats at Keat Hong Grange make up 19.8% of the total units offered. ![]() Located at the north-westernmost point of Singapore’s west region, it used to be home to a kampung village and rubber plantations until HDB started developing it in 1985.įun fact: Back in the early days, tigers used to roam in the area before disappearing in the 1930s.
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