In this highly anticipated development, the first two BTO HDB projects are set to launch next year, providing around 1,400 units, and this marks the debut of Premium Flats (Plus) in Singapore.

The upcoming HDB projects in 2023 will occupy a significant land area and offer two-room, three-room, and four-room units. These units will feature "beamless" interior designs, providing residents with more spacious living spaces and flexibility to cater to their personalized needs and layout preferences.

Notably, the Bayshore area will also host two MRT (Mass Rapid Transit) stations for the Thomson-East Coast Line, ensuring convenient public transportation options for residents.

The distance from any of these HDBs to the nearest MRT station will be less than a five-minute walk. Thanks to their excellent location and proximity to public transportation hubs, these flats are expected to qualify under the new Premium Flats scheme, providing more families with housing grants and homeownership opportunities.

Minister Lawrence Wong stated that this development represents a significant milestone in the rejuvenation of the Bedok area, and the government is committed to sharing the development plans with the residents and seeking their input and feedback.

The future development plans for Bayshore include the creation of a large central park equivalent in size to four soccer fields, which will serve as an ideal space for residents' leisure and outdoor activities. Additionally, the area will have multiple pedestrian pathways and cycling lanes to enhance residents' outdoor activity choices.

However, it's important to note that these HDBs will come with stricter resale restrictions. Residents must live in the flats for at least ten years and return any grants received at the time of purchase when selling the flat for the first time.

Despite these restrictions, this development aims to provide high-quality housing for residents and create a livable community environment.

The introduction of these new BTO projects will further alleviate Singapore's housing demand and offer more families the opportunity for homeownership. Bayshore's strategic location, natural resources, and convenient public transportation system will be significant factors in attracting people to choose this area as their place of residence. This development also reflects the government's commitment to providing high-quality housing and creating a good living environment.

With the launch of the first two BTO projects in Bayshore next year, we look forward to seeing the Bayshore area become a new highlight in Singapore and enhance residents' quality of life.