HDB to redevelop Tanglin Halt and build integrated development

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Situated in the popular Queenstown area, Tanglin Halt estate will soon become a new integrated development, complete with a hawker centre, market, and polyclinic, as well as up to 5,500 new residential flats. Senior Minister of State, Ministry of National Development and Ministry of Communications and Information Tan Kiat How announced the redevelopment on Oct 19, detailing that it will be completed in two phases.

Set to become an exciting new landmark in the Queenstown area, the development is expected to bring much needed vibrancy to the neighbourhood. Huttons Asia’s senior director of data analytics, Lee Sze Teck notes that the old market and food centre on the site will be incorporated into the development. This indicates that the new prime location housing (PLH) and build-to-order (BTO) flats could exceed 40 storeys and hold between 700 and 800 flats, ranging from two to four bedrooms.

The first of the Tanglin Halt Cascadia BTO project launched earlier this month and attracted 1,193 applicants at a rate of 1.23 times, which Wong Siew Ying, head of research and content at PropNex believes is moderate given the property’s city fringe location. According to Lee, prices of four-bedroom flats are estimated to start from $550,000 and can go as high as $720,000, with grants making them more affordable than the resale market.

Tampines Ave 11 Condo UOL Group, when completed, will feature a range of amenities including a childcare centre, badminton and basketball courts, and a club house. Furthermore, the development will be in close proximity to the Tampines Regional Centre – Singapore’s largest regional centre – providing residents with access to amenities such as shopping centres, hospitals, and dining places.

More commercial and social facilities, along with further flats, are expected to launch in 2021, bringing even more excitement to what is already a much sought-after area. With this transformation, Huttons Asia’s Lee anticipates an influx of younger families and an increase in million-dollar flats in the Commonwealth View area.

Overall, it appears to be an exciting redevelopment that should bring much vibrancy and potential to the Queenstown neighbourhood.