Mount Pleasant estate to have 6,000 HDB flats, up from 5,000 previously announced
Mount Pleasant’s proximity to Toa Payoh will also factor into demand and prices. “The project might be a Prime BTO as resale flat prices in Toa Payoh are fairly high and the older estate has among the highest numbers of million-dollar resale flats,” Lee adds. Prime lodgings are subject to tighter guidelines, like a 10-year minimum occupation duration and a subsidy clawback.
Four Build-to-Order (BTO) projects are prepared for the upcoming Mount Pleasant estate, that are going to produce about 6,000 new condos upon finish. This is 1,000 more than the 5,000 units formerly revealed for the 33ha site, HDB says in a Sept 2 press release.
The Mount Pleasant estate sits on the location of the Old Police Academy (OPA), near the Thomson Flyover off the Pan Island Expressway. The OPA was used as the training institute for the Singapore Police Force (SPF) till 2005.
HDB says the “white flat” layout will be offered at Mount Pleasant Crest. Flat investors can select the open-concept layout, which provides a contiguous living and bedroom area without partition surfaces, when they are encouraged to book a flat.
Six buildings, which HDB says were “identified as the most substantial depictions of police heritage”, have been preserved and will be incorporated right into the brand-new estate. 4 blocks are going to be repurposed for alternative purposes including an area cops post and SPF Heritage Gallery. One block will remain to work as the Senior Policeman’ Mess, while another will be integrated into future property developments. Additionally, the former OPA parade square will be kept as public space for community use.
Eugene Lim, key director at ERA Singapore, mentions that the white flat design at Mount Pleasant Crest might appeal to more youthful Singaporeans and home owners planning to do extensive renovations. “A white level typology will give them the option to customise their layout to accommodate their real estate needs, allowing for versatility over the much longer term,” he claims.
The very first BTO project in the Mount Pleasant estate will be opened as section of the October 2025 BTO exercise. Labelled Mount Pleasant Crest, it is going to provide about 1,350 units of two-room flexi to four-room flats. There will additionally be 270 units of public rental flats.
This will be the second BTO project to present the white flat layout, after the Crawford Heights BTO project, which released last October. According to HDB, referring to four in 10 flat purchasers went with the layout at that project.
According to HDB, the expanded supply adheres to “additional detailed planning studies” and will assist to fulfill strong real estate interest.
Lee Sze Teck, leading director of data analytics at Hiuttons Asia, believes the Mount Pleasant Crest project that will be launched for sale in October will attract strong attention, due to its place near Mount Pleasant MRT Stop and schools such as CHIJ Primary Toa Payoh and Singapore Chinese Girls’ School.
Offered by the brand-new Mount Pleasant MRT Stop on the Thomson-East Coast Line, Mount Pleasant will be a car-lite estate and include Transit Priority Corridors with dedicated bus lanes, larger foot tracks and biking routes. New roads, including a major road named “Old Police Academy Road”, will even be created to improve availability. There will also be a sheltered pedestrian thoroughfare that attaches the numerous precincts in Mount Pleasant, HDB mentions.
