HDB Reveals Housing Plans for Sembawang North and Woodlands North Coast

SINGAPORE, 22 October 2024 – The Housing & Development Board (HDB) has announced plans to develop two new housing areas at Sembawang North and Woodlands North Coast. When developed, the two housing areas will offer around 14,000 new homes, including 12,000 public housing flats.

Sembawang North to see 10,000 new homes

Sembawang North will see the addition of 8,000 Build-To-Order (BTO) flats alongside 2,000 private homes when full developed. Sembawang currently has some 30,000 HDB flats and nearly 6,000 private residences. The upcoming housing supply represents a significant 27% boost to the area’s housing stock. We believe this expansion will be accompanied by extensive township planning, catering for more amenities, schools, and healthcare facilities to meet the growing population’s needs.

First batch of BTO at Woodlands North Coast to launch in 2025

Woodlands North Coast will see the launch of 1,500 Build-To-Order (BTO) flats in the upcoming February exercise, and nearly 1,100 of them being 4-room and 5-room flats. Some of these upcoming BTO blocks will face Woodlands Waterfront Park, offering partial sea views and convenient access to the park.

Currently, at least one-third of the HDB flats in Woodlands are 30 years or older, and another 53% are between 20 to 29 years old. The new initiative is poised to rejuvenate this mature town while increasing its housing supply.

Demand for HDB flats in Woodlands has been holding up. Between Jan-Sep 2024, some 1,500 3 room and larger flats were transacted, just a shade lower than 1,618 flats sold during the same period last year. In spite of that, the median prices of HDB flats in Woodlands as at 3Q 2024, rose between 6% and 12% over the last year. In the December 2023 BTO launch, 5-room flats at Woodlands saw an application rate of 4.4 for first timer families.

Enhanced connectivity to make Sembawang and Woodlands choice housing locations for young families

Woodlands has emerged as a well-connected regional hub following the development of the Thomson-East Coast Line and the North-South Corridor. A key component in enhancing Woodlands’ transportation network, the Thomson-East Coast Line (TEL) will introduce three new MRT stations: Woodlands North, Woodlands (TEL extension), and Woodlands South. These infrastructure developments are expected to make upcoming housing projects particularly attractive to young families.

Upcoming development will support housing demand from the expanding business nodes in the North

The North Coast Innovation Corridor (NCIC), a planned commercial belt stretching from Woodlands to Punggol, will position Woodlands Regional Centre as Singapore’s primary business park cluster in the North. Upon completion, the NCIC will provide as many as 100,000 new jobs and it is expected to shore up housing demand in the vicinity.

For media enquiries, please contact:

Eugene Lim, Key Executive Officer, ERA Singapore

Email: [email protected]