Tanjong Rhu Riverfront I & II to draw the most interest in June BTO launch

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Analysts say that there could be high demand for these flats since the area has not seen many new developments for years.

In the upcoming June Build-To-Order launch, the Housing & Development Board will offer 6,938 flats across various developments. Experts are pointing to the two Kallang Whampoa projects, Tanjong Rhu Riverfront I & II, as the ones set to attract the most interest, mainly due to their prime location, scenic views, and proximity to key transport links.

The agency estimates that the two PLH projects, which will collectively yield 2,063 new flats, could see an application rate of two times or higher due to their desirable location.Huttons echoed this sentiment, referring to Tanjong Rhu Riverfront I & II as potentially the most exciting PLH launch since River Peaks I & II in November 2021.

OrangeTee suggests that these projects will also attract many young couples, particularly those whose parents live in private homes in nearby areas like Tanjung Rhu, Katong, or Marine Parade. They believe the prime location and the modern amenities will be significant draws.

 

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