Quick take
HDB confirmed on 17 April 2026 that three new Build-To-Order (BTO) projects at Lakeview and Shunfu will be launched from the June 2026 sales exercise, delivering about 1,600 new homes when completed. Two of the projects sit in Lakeview and one in Shunfu — the first time in more than four decades that public housing is being introduced on this stretch of Upper Thomson Road. The first Lakeview project, with about 1,200 units across five blocks, headlines the June 2026 launch.
What’s launching in June 2026
The first Lakeview BTO comprises five residential blocks ranging from 18 to 40 storeys. Unit mix is approximately 470 × 2-Room Flexi flats, 740 × 4-Room flats, and 50 × public rental flats — a deliberately family-skewed mix that reflects the precinct’s school catchment (Catholic High, Raffles Institution, Ai Tong) and its Circle Line accessibility via Marymount MRT.
Indicative pricing
HDB has anchored Lakeview pricing to recent comparables in the Bishan Terraces and Mount Pleasant Crest cohorts:
- 2-Room Flexi: ~S$230,000 to S$370,000 (depending on lease term and flat size)
- 4-Room: ~S$500,000 to S$750,000+ (high floor and stack premiums add ~S$60k–S$80k)
This places Lakeview firmly in the upper Standard / Plus band — these are not Prime-class flats (the precinct sits outside the 5km central radius), but the central-fringe location and Circle Line proximity justify the premium over a comparable Punggol or Tengah BTO.
Connectivity and amenity
The site sits within walking distance of Marymount MRT (CC16, Circle Line), two stops from Bishan Interchange (NS17/CC15) and four stops from Caldecott (CC17/TE9). Covered linkways will connect the project to the bus stop along Upper Thomson Road, while the existing park connector along the same road is being realigned to give residents direct walking access to MacRitchie Reservoir Park and the Central Catchment Nature Reserve.
The other two BTO projects
The second Lakeview project and the Shunfu project together add about 130 × 3-Room flats and 290 × 4-Room flats — roughly 420 units. HDB has indicated both will launch within the next two years (i.e. through the October 2026, February 2027 and June 2027 sales exercises). Final unit counts and storey heights are subject to detailed planning consent.
What it means for buyers
For first-timer applicants in the Plus / Standard band looking for a central-fringe location, this is one of the most compelling June 2026 ballots — Marymount-area flats trade at a 30–40% discount to equivalent CCR private condos but enjoy similar access to the central catchment and the same school basket. Application-to-flat (ATF) ratios at the last comparable Bishan Terraces launch were close to 4× for 4-Room, so families should expect competitive ballots and prepare HFE (HDB Flat Eligibility) documentation in advance. The 5-year Minimum Occupancy Period applies, with resale levy implications for previous flat owners.
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