Adora Green, which had a groundbreaking ceremony on Tuesday, will be the first HDB project in Yishun under the Design, Build and Sell Scheme (DBSS).
“The development will be launched next year after the Chinese New Year season,” said Michael Leong, executive director of Guthrie SK Land. “The price of the flats is expected to range from $450 to $500 psf.”
The residential development, which is located at the junction of Yishun Central and Yishun Avenue 11, will comprise 800 housing units. About 65 percent of the total number of units will be four-room flats, 15 percent will be five-room units, and 20 percent will be three-room flats. Sizes of the units range between 67 sq m for a three-room unit, 92 sq m for a four-room unit and 112 sq m for a five-room unit, with a price tag between $300,000 and $600,000.
The new project will comprise six 16-storey blocks, with commercial facilities like shops, a mini-mart and an eating house, as well as recreational facilities like barbecue pits and fitness stations.
“One of these measures was to allow eligible first-time households with a monthly income between $8,000 and $10,000 to buy new DBSS flats with a CPF housing grant of $30,000. This revision will be applicable to DBSS projects launched for public sale after Aug 30, 2010 which includes Adora Green,” said Minister for Law and Home Affairs K Shanmugam during the project’s ground-breaking ceremony

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