Waterfront Punggol Point Woods is a Rare Chance in HDB BTO Aug 2018
Punggol Point Woods located at the Punggol Point District is next to the upcoming Punggol Digital District and within walking distance to the upcoming Punggol Coastal MRT Station.
The Cross Island Line is a future underground MRT that is fully automated and driverless which is set to run from Changi to Jurong. The estimated 30 stations will be passing through residential estates such as Loyang, Pasir Ris, Hougang, Ang Mo Kio, Sin Ming, Bukit Timah, Clementi and West Coast and terminating in the Jurong Industrial Estate. A secondary but smaller line will connect Pasir Ris and Punggol.
A total of 940 units of flats comprising of 2-Room Flexi, 3-, 4-, 5-room flats has been released under Punggol Point Woods in HDB BTO Aug 2018.
Punggol Point Woods
No. of Units : 940 units
No. of Blocks: 6 residential blocks ranging from 5 to 22 storeys
Unit Mix : 2-Room Flexi, 3-Room, 4-Room, 5-Room
The wood element in the name of the development is inspired by its surrounding greenery and the adjacent tree-lined Heritage Trail.
Punggol is a scenic coastal town boasting beautiful waterways, reservoirs, and waterfronts. There are several recreational parks such as Punggol Point Park, Punggol Waterway Park and Coney Island Park, which are great spaces for outdoor activities.
Punggol Point Woods are located within the Punggol Point District bounded by Punggol Way and New Punggol Road. The Punggol Point District is adjacent to the highly anticipated Punggol Digital District (PDD), which is expected to create 28,000 job opportunities and 12,000 learning opportunities. The 2 upcoming HDB BTO AUG 2018 are within walking distance to the Punggol Coastal MRT (NE18), which will be extended from the existing Punggol MRT Station.
Transportation Nearby Punggol HDB BTO AUG 2018
Punggol Point Cove and Punggol Point Woods are part of the Punggol Digital District transformation. Besides the existing transport infrastructure, there will be a new Punggol Coast MRT station.
There will be new roads, bus interchange and autonomous transport to serve the residents in Punggol Point. Furthermore, the new Cross Island Line will connect residents in Punggol to Central Business District, Changi Airport and other parts of Singapore. An estimated 50% of the Cross Island MRT stations will intersect with an existing MRT network to enhance connectivity throughout Singapore.
There will be new roads designed to connect Punggol Point to existing expressway such as KPE, CTE and TPE. Choosing a property near good transport system is a positive factor when choosing a home for long term usage in Singapore as cost of private transport continues to rise.
With strong investment in the infrastructure in Punggol, this town is becoming the benchmark for new Tengah HDB Town. The future property owners of Plantation Grove BTO will expect no lesser to what has been achieved with Punggol Town.
Apart from the MRT, the residents can benefit from the new bus interchange which will be located at the Punggol Digital District. There are planned expansion on existing and construction of new roads to cater the future transport challenges in and out of Punggol Point.
Next to the Punggol Point Woods is earmarked for a Heritage Trail which provide seamless connection to the surrounding nature parks and Coney Island.
Eco-Friendly Design
With the aim to establish Punggol as an Eco-Town, Punggol Point Woods are designed with the following environment friendly features.
- The chute bins are separated to distinguish organic from recyclable waste which can be collected for recycling plants.
- The introduction of regenerative lifts allows power to be distributed to the building’s electrical network for storage or other uses.
- Bicycle stands to encourage cycling and designated carparks to facilitate car-sharing, as an initiative to reduce reliance on cars and reduce carbon emission.
- The ABC Waters is designed to clean rainwater and beautify the landscapes. The installation of eco-pedestals in bathrooms to encourage water conservation.
- The installation of motion sensor-controlled energy efficient lighting along stairways for optimal energy consumption.
Analysis of Punggol Point Woods Site Plan For HDB BTO AUG 2018
Overview
The analysis of the Punggol Point Woods site map highlights the things to look out for when choosing your Singapore property. HBD BTO AUG 2018 has launched a total of 6 residential blocks as below:
Punggol Point Woods, 6 Blocks
Total : 940 Units
Block 431B : 22 storeys
Block 431C : 5/22 storeys
Block 432A : 20/22 storeys
Block 432B : 9/22 storeys
Block 433A : 9/22 storeys
Block 433B : 5/22 storeys
The Punggol Point Woods are a stark contrast to Punggol Point Cove with its neatly packed blocks.
1. Bin Centres
There will be no waste collection on the ground level due to the adoption of the pneumatic waste system. The careful positioning of the chute areas did not place any flats near it. No cause for concern on ground and floor levels.
2. Electrical Sub-Station (ESS)
There are 2 ESS for the entire estate located at Block 430 and 433. While reports have dismissed any health concern, it is still worthwhile to know that the structure could be obstructing the views for some units.
3. Carpark Entrances and Exits
The carpark is designed as a 1-storey with roof garden. Likewise, it also features a basement carpark which is ideal for residents to gain faster access to their respective lobby.
Punggol Point Woods Price and Its Estimated Cashflow
The following calculations provides a general advice to the monthly mortgage payments for Punggol HDB flats:
Punggol BTO 2-Room Flexi (Type 1)
Typical Price: $115,000
10% Down-payment (CPF/Cash) : $11,500
Additional CPF Housing Grant (AHG): $35,000
Special CPF Housing Grant (SHG): $40,000
With an initial 10% down-payment of $11,500, the remaining flat price can be financed with a housing loan of $28,500 at monthly mortgage payment of $130. Based on a median household income of $1,900, the mortgage servicing ratio is 7%.
Punggol BTO 2-Room Flexi (Type 2)
Typical Price: $140,000
10% Down-payment (CPF/Cash) : $14,000
Additional CPF Housing Grant (AHG): $35,000
Special CPF Housing Grant (SHG): $40,000
With an initial 10% down-payment of $14,000, the remaining flat price can be financed with a housing loan of $51,000 at monthly mortgage payment of $232. Based on a median household income of $1,900, the mortgage servicing ratio is 12%.
Punggol Point Woods BTO 3-Room
Typical Price: $215,000
10% Down-payment (CPF/Cash) : $21,500
Additional CPF Housing Grant (AHG): $25,000
Special CPF Housing Grant (SHG): $40,000
With an initial 10% down-payment of $21,500, the remaining price of the flat can be supplement with a housing loan of $128,500 at monthly mortgage payment of $583. Based on a median household income of $2,600, the mortgage servicing ratio is 22%.
Punggol Point Woods BTO 4-Room
Typical Price: $325,000
10% Down-payment (CPF/Cash) : $32,500
Additional CPF Housing Grant (AHG): $10,000
Special CPF Housing Grant (SHG): $40,000
With an initial 10% down-payment of $32,500, the remaining price of the flat can be supplement with a housing loan of $242,500 at monthly mortgage payment of $1,101. Based on a median household income of $4,300, the mortgage servicing ratio is 26%.
Punggol Point Woods BTO 5-Room
Typical Price: $440,000
10% Down-payment (CPF/Cash) : $44,000
Additional CPF Housing Grant (AHG): $0
Special CPF Housing Grant (SHG): $0
With an initial 10% down-payment of $44,000, the remaining price of the flat can be supplement with a housing loan of $390,100 at monthly mortgage payment of $1,770. Based on a median household income of $5,900, the mortgage servicing ratio is 30%. An estimated shortfall of $5,900 needs to be made up in CPF or Cash Savings.
Learn to Read Punggol Point Woods Floor Plan And Choose The Right Unit
The Punggol Point Woods Floor Plans can become powerful tools during your Punggol BTO selection process as it aids you in visualising the entire house and its layout. There are basic details about how the living room, dining area, kitchen, bedrooms and bathrooms are designed.
As you cross reference the Punggol Point Wood Floor Plan against the Punggol BTO Site Plan, it will reveal how natural light and ventilation is flowing through your ideal home. For property owners who enjoy some sunlight, you can select a home which has partial morning/afternoon (generally angled at 30 degrees max) that will make your property brighter.
It is ideal to avoid BTO Flats which are exposed to direct morning/afternoon sun whenever possible. The reason is simple : Singapore is a hot tropical country and furniture can wear down real fast when exposed to weather elements.
Besides understanding the Punggol BTO orientation, the floor plan provides details for all the units on each floor. This additional information allows you to understand how your HDB flat interacts with the common corridor. Contact us if you require the full floor plans.
Amenities Near Punggol Point Woods
The Waterway Point is a new shopping mall near Punggol Point Woods and will be one MRT station away from Punggol Coastal MRT Station when ready.
Waterway Point
Address : 83 Punggol Central, Singapore 828761
Contact: (65) 6812 7300
Opening Hours: 10AM to 10PM
Waterway Point is a four-storey retail and lifestyle mall next to Punggol MRT/LRT station. Waterway Point is the retail component of the Watertown, a mix use development jointly developed by Frasers Property Limited (星狮地产有限公司), Far East Organization (远东机构) and Sekisui House Ltd. The Waterway Point shopping mall is currently managed by Fraser Property. Some of the anchor tenants are as below:
FairPrice Finest
Location: Waterway Point West Wing, #B2-32
This is a 24 hours supermarket that provides a comprehensive list of daily necessities for the residents in Punggol from fresh produce, dry goods, toiletries to household items.
Breadtalk
Location: Waterway Point East Wing, #B1-15
A popular bakery that is famous for its pork floss bread that produces freshly baked bread in-store.
Din Tai Fung
Location: Waterway Point West Wing, #01-22
This is a Chinese themed restaurant offering famous steam dumplings, noodles and fried rice.
Waterway Point also boast the presence of three major telecommunication companies M1, Starhub and Singtel.
Primary and Secondary Schools Near Punggol Point Woods
When deciding a home for long term use, it is of relative importance to consider the availability of quality primary and secondary schools as these factors have a relative positive correlation to the housing prices.
Some research have suggested that school quality has a causal effect on housing prices in major cities. The effect of school quality on the price of residences serves as one of the dominant factor in homebuyers’ decision-making processes. In some districts, housing prices rely more on the school quality in the neighbourhood than the distance to the business district.
Primary Schools
PUNGGOL COVE PRIMARY SCHOOL
52 SUMANG WALK S828674
EDGEFIELD PRIMARY SCHOOL
41 EDGEFIELD PLAINS S828869
PUNGGOL VIEW PRIMARY SCHOOL
9 PUNGGOL PLACE S828845
EDGEFIELD PRIMARY SCHOOL
41 EDGEFIELD PLAINS S828869
OASIS PRIMARY SCHOOL
71 EDGEFIELD PLAINS S828716
HORIZON PRIMARY SCHOOL
61 EDGEDALE PLAINS S828819
Secondary Schools
PUNGGOL SECONDARY SCHOOL
51 EDGEFIELD PLAINS S828870
EDGEFIELD SECONDARY SCHOOL
36 PUNGGOL FIELD S828814
GREENDALE SECONDARY SCHOOL
51 EDGEDALE PLAINS S828866
COMPASSVALE SECONDARY SCHOOL
51 COMPASSVALE CRESCENT S545083
CHIJ ST. JOSEPH’S CONVENT
62 SENGKANG EAST WAY S548595
Estimated Completion Time For Punggol Point Woods
For home buyers who are applying for Punggol Point Woods, you can select your flats between October 2018 to April 2019. The HDB BTO AUG 2018 flats are estimated to complete by 1Q2023 to 2Q2023. The aspiring home owners can expect to receive their keys by 30 April 2024.
The estimated waiting time for Punggol Point Woods and Punggol Point Cove BTO flats is 48 to 50 months. While the completion is some time away, this new HDB estate could be worth waiting for!