HDB’s first BTO at Mount Pleasant may be highly coveted: Huttons

Prices of a 4-room flat may start from $525,000.

The government’s first Build-to-Order (BTO) at Mount Pleasant is expected to be coveted as it is in a prime location, according to Huttons.

The BTO is close to Mount Pleasant MRT, with Toad Payoh less than a kilometre away and the Singapore Chinese Girls School likely within 1 km. 

"The project may be a Prime BTO as the resale flat prices in Toa Payoh are quite high and the mature estate has one of the highest number of million-dollar resale flats," Huttons said.

"The Government may have to provide more subsidies to keep the flats affordable and accessible."

Prices of a 4-room flat may start from $525,000 whilst flats on the top floors may have unblocked views and be priced above $700,000.