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Your Guide to Chencharu Hills BTO: 1,277 Flats Launched For Sale in June 2024

1200-BTO-Flats-to-Be-Launched-for-Sale-in-Chencharu-This-June-2024-BTO-Exercise

Maelyn Lagman

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A new Build-To-Order (BTO) project is coming to Chencharu in the June 2024 BTO exercise, a new housing estate in Yishun, situated near Khatib MRT station. About 10,000 homes are expected to be built in this area, 80% of which will be public housing. The Chencharu BTO project, aptly named Chencharu Hills, will comprise 1,277 units ranging from 2-room Flexi to 5-room flats, a sizeable supply of new housing options for those who want to live closer to their parents.

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Chencharu Hills June 2024 BTO

Project Details

Boasting 10 residential blocks ranging from 14 to 15 storeys, the June 2024 BTO project in Yishun – Chencharu Hills – offers 1,277 units encompassing 2-room Flexi, 3-, 4-, and 5-room flats.

Blocks 973C, 974A, 974B, 974C, and 974D will have a waiting time of over 3 years (44 months), while Blocks 972A, 972B, 972C, 973A, 973B will have a waiting time of under 3 years (45 months).

BTO Flat Types and Number of Units in Chencharu Hills

2-room Flexi (Type 1)82
2-room Flexi (Type 2)303
3-room82
4-room420
5-room390
Total1,277

BTO Flat Prices for Chencharu Hills

TownProjectFlat
Type
 
Selling Price
(Excl. Grants)
 
 Selling Price
(Incl. Grants)
Transacted Prices of
Resale Flats Nearby
 YishunChencharu Hills  2-room
Flexi
 From  $113,000From  $33,000  –
 3-room From  $219,000From  $144,000  $425,000  –  $500,888
 4-room From  $279,000From  $219,000  $508,000  –  $610,000
 5-room From  $407,000From  $362,000  $593,000  –  $750,000

About Chencharu Hills

Nestled along Lorong Chencharu in Yishun, Chencharu Hills is the pioneering BTO project in the Chencharu district.

The name “Chencharu Hills” pays homage to the project’s verdant surroundings and gently undulating landscape. Situated adjacent to a new park, the development retains an existing black and white bungalow, whose colonial charm is mirrored in the project’s red, black, and white facade.

Residents will enjoy a wealth of amenities, including a preschool, senior care centre, food centre, shops, and a minimart, all conveniently located within Chencharu Hills. Leisure and recreational facilities abound, with children’s playgrounds, fitness stations for adults and the elderly, precinct pavilions, and 2 Multi-Storey Car Parks (MSCPs) with rooftop gardens. The neighboring park further enhances the living experience with playgrounds, fitness corners, open lawns, sports courts, and a therapeutic garden. A heritage trail, interwoven with gardens and informative storyboards, invites residents to delve into the area’s rich history.

Chencharu Hills BTO Highlights

The image shows the layout for the new Chancharu estate near Khatib MRT station. Key features include the first BTO project to be launched with 1,200 units, a new park with an existing bungalow, a commercial and residential development with a bus interchange and hawker center, and proximity to Peiying Primary School and Naval Base Secondary School. Existing amenities like the N8 Neighbourhood Park and HomeTeamNS Khatib are also highlighted.

The layout shows Chencharu’s new estate near Khatib MRT, featuring the first BTO project to be launched in the June 2024 BTO exercise.
| Image Source: HDB

  • Sustainable Living: The project incorporates green building technologies and eco-friendly designs. Solar panels, energy-efficient systems, and ample green spaces are integrated to reduce the carbon footprint and create a healthier living environment.
  • Comprehensive Amenities: You can look forward to a wide range of facilities including community centers, playgrounds, and sports facilities within the Chencharu estate. Retail and dining options will also be added, as well as recreational, community, and commercial facilities, to complement existing spaces at Khatib Central and HomeTeam NS Khatib.
  • Enhanced Connectivity: Strategically located near Khatib MRT station, the Chencharu BTO project ensures seamless connectivity to major transport nodes.
  • Community-Centric Design: The design emphasizes community interaction with communal gardens, rooftop terraces, and social spaces.
  • Smart Home Features: Units in the Chencharu BTO project will be equipped with smart home technologies, such as remote-controlled lighting and air conditioning systems.

Future Prospects for Chencharu Hills BTO 

Chencharu was first identified as a new housing area by the Urban Redevelopment Authority (URA) in June 2022. Two tenants in that area, including the Orto leisure park which housed prawning and longkang fishing ponds, vacated their premises last June to make way for redevelopment. 

The Chencharu BTO project is set to be a landmark development, reflecting HDB’s vision of creating vibrant and sustainable living spaces for Singaporeans. With its comprehensive amenities, strategic location, and focus on sustainability, it promises to be a desirable choice for future homeowners.

Where is Chencharu?

The map highlights the new 70-hectare Chencharu area within Yishun Town, situated along Sembawang Road. It shows the current Yishun Town boundary and the new Chencharu housing area, emphasizing its strategic location near major expressways and existing urban infrastructure.

The map shows the new 70-hectare Chencharu area within Yishun Town, located along Sembawang Road. | Image Source: HDB

Chencharu is located in the northern part of Singapore, near Yishun and Sembawang. This area is known for its tranquil environment, offering a blend of suburban serenity and urban convenience. Here’s what you can look forward to:

  • Nature and Recreation: You’re close to nature parks like Lower Seletar Reservoir Park and Sembawang Park, perfect for outdoor activities and leisurely strolls.
  • Shopping and Dining: With Northpoint City and Causeway Point nearby, you have a wide range of shopping and dining options to explore.
  • Educational Institutions: The area is home to several reputable schools, including:
    • Yishun Innova Junior College
    • Peiying Primary School
    • Naval Base Secondary School
    • Chung Cheng High School (Yishun)
    • Naval Base Primary School
  • Healthcare Facilities: With Yishun Community Hospital and Khoo Teck Puat Hospital in the vicinity, you’ll have peace of mind knowing that healthcare services are easily accessible.
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An Overview of June 2024 BTO Projects

In addition to the Chencharu project, the June 2024 BTO exercise includes several other notable developments across Singapore. Here is a brief overview:

  1. Jurong East: This project will offer 1,070 units, making it the only development in the west for this exercise. It boasts good public transport connectivity and proximity to Pandan Reservoir, offering residents a scenic environment​​.
  2. Kallang/Whampoa: Comprising two adjacent plots along Tanjong Rhu Road, this development will provide 2,020 units. The project is close to Kallang Sports Hub, the Singapore Indoor Stadium, and Kallang Wave Mall, offering abundant leisure options​.
  3. Queenstown: The first BTO launch in this area in a decade, located near Holland Village, will offer 330 units. This project is expected to be highly sought after due to its prime location and excellent amenities, including proximity to Buona Vista and Holland Village MRT stations​.
  4. Tampines: With 550 units, this development is near Tampines West MRT station and various amenities like Tampines Round Market & Food Centre and Bedok Reservoir for recreational activities.
  5. Woodlands: Offering 1,590 units, this project is conveniently located near Woodlands MRT stations and major amenities like Causeway Point and Woodlands Civic Centre​.
  6. Yishun: This project will provide 1,270 units near Khatib MRT station and a range of amenities including Lower Seletar Reservoir Park and Northpoint City​.

2023 BTO Application Rates

In 2023, the demand for BTO flats remained robust. Mature estates like Queenstown and Kallang/Whampoa consistently saw higher application rates compared to non-mature estates. This higher demand is largely driven by the established amenities, superior connectivity, and the prestige associated with living in mature estates. For instance, the Ulu Pandan Banks BTO project in Queenstown had an application rate of about 8 applicants per available unit, highlighting its popularity among homebuyers seeking proximity to the city and established facilities.

Non-mature estates, while offering lower application rates, still attracted significant interest due to their affordability and the potential for future development. Areas such as Tengah and Sembawang saw moderate application rates, indicating a growing interest as these regions develop.

2024 Outlook

A vibrant playground with swings and climbing structures sits in the foreground of a new housing development in Chencharu.

The Chencharu BTO project will comprise 1,200 units. | Image Source: HDB

Looking ahead to 2024, the trend of high demand in popular locations is expected to continue. The new Chencharu estate is poised to attract strong interest due to its strategic location near Khatib MRT station and comprehensive amenities. As the first BTO project in Chencharu, we could see high application rates, similar to mature estates, as it combines the benefits of a new development with excellent connectivity and planned facilities.

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FAQs about the June 2024 BTO Exercise

How do I apply for the June 2024 BTO flats?

You can apply online through the HDB website during the application period. Ensure you meet the eligibility criteria before applying.

When will the June 2024 BTO flats be ready?

The estimated completion date varies for each project. Typically, it takes about 3 to 5 years from the date of application for BTO flats to be ready.

What types of flats are available in the June 2024 BTO exercise?

The exercise offers a range of flat types including 2-room Flexi, 3-room, 4-room, and 5-room units across different locations.

How are the BTO flats allocated?

Flats are allocated through a computer ballot system. Priority schemes may apply, giving certain groups higher chances based on their circumstances.

What is the payment structure for BTO flats?

After booking a flat, you will need to pay a down payment. Subsequent payments can be made using your CPF savings and/or housing loan.

Can I apply for more than one BTO project in the same launch?

No, you can only apply for one BTO project per launch.

What happens if I am unsuccessful in my application?

If unsuccessful, you can apply again in the next BTO launch. Unsuccessful applicants may receive additional ballot chances in subsequent exercises.

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