Project Specifications
| Developer | Hoi Hup Realty |
|---|---|
| Location | Miltonia Close / Yishun Avenue 1 |
| District | D27 |
| Status | launching-soon |
| Total Units | ~430 |
| TOP Year | Est. 2029 |
| Starting PSF | Est. $1,520 |
Unit Mix & Estimation
| Unit Type | Size | Bedrooms | Starting Price | Est. Monthly |
|---|---|---|---|---|
| 3-Bedroom Classic / Deluxe | 880 - 1,020 sqft | 3 Bed | Est. $1.35M - $1.55M | — |
| 3-Bedroom + Study | 1,020 - 1,100 sqft | 3 Bed | Est. $1.58M - $1.72M | — |
| 4-Bedroom Deluxe / Luxury | 1,180 - 1,350 sqft | 4 Bed | Est. $1.82M - $2.10M | — |
| 5-Bedroom Luxury / Penthouse | 1,450 - 1,650 sqft | 5 Bed | Est. $2.25M - $2.60M | — |
About Miltonia Close EC
Miltonia Close EC is an upcoming residential Executive Condominium development situated along Miltonia Close and Yishun Avenue 1 in District 27. Secured by premier developer Hoi Hup Realty for $340.8 million (~$732 psf ppr) under the HDB Government Land Sales (GLS) Confirmed List, the site spans 15,451.2 square metres with a gross plot ratio of 2.8, yielding approximately 430 quality homes.
The development falls under the Current Policy, with a 5-year Minimum Occupation Period (MOP) and 10-year privatisation timeline, alongside full eligibility for the Deferred Payment Scheme (DPS). This structural advantage allows HDB upgraders to avoid dual mortgage stress during construction and enjoy flexible capital liquidity after 5 years.
Positioned in a tranquil, low-density enclave, the site directly fronts Lower Seletar Reservoir Park and Lower Seletar Reservoir, offering residents expansive waterfront panoramas and immediate access to scenic park connectors and water sports. Furthermore, it faces the 160-hectare Orchid Country Club golf greens, earmarked under the URA Master Plan for major residential and commercial redevelopment post-2030, ensuring substantial first-mover capital appreciation.
Transit connectivity is facilitated by swift feeder bus connections along Yishun Avenue 1 directly to Khatib MRT (NS14) and Yishun MRT (NS13) on the North-South Line, delivering rapid rail commutes to Orchard and Raffles Place. Road accessibility is exceptional via the SLE, TPE, CTE, and the upcoming North-South Corridor (NSC), which will significantly cut driving commutes to the Central Business District.
Families benefit from excellent education infrastructure, with North View Primary and Huamin Primary within the 1km priority admission zone, and prestigious institutions such as Northland Primary and Naval Base Primary within 1–2km. Retail amenities abound at nearby Wisteria Mall, Junction Nine, and Northpoint City.
Eligible first-timer citizen buyers can tap up to $30,000 in CPF Housing Grants, while second-timer HDB upgraders enjoy upfront ABSD remission and a dedicated 30% launch quota. Explore our EC buyer eligibility guide or calculate mortgage limits with our EC affordability calculator.
Key Selling Points
- Current Policy 5-Year MOP & DPS: Standard 5-year MOP and Deferred Payment Scheme (DPS) flexibility, allowing open-market resale in Year 5 and privatisation in Year 10.
- Premier Reservoir & Fairway Views: Prime frontage facing Lower Seletar Reservoir, Lower Seletar Reservoir Park, and Orchid Country Club.
- Hoi Hup Realty Track Record: Award-winning master builder renowned for Hundred Palms Residences, Parc Central, and ultra-efficient squarish layouts.
- Massive 30% Pricing Gap to OCR Private Condos: Land rate of $732 psf ppr provides a projected launch entry around $1,550 psf—substantially below nearby new private condos transacting at $2,100+ psf.
- Long-Term OCC Redevelopment Upside: Adjacent 160ha Orchid Country Club site set for massive urban transformation post-2030 under the URA Master Plan.
- Top Primary Schools Nearby: Within 1km of North View Primary and Huamin Primary; within 1–2km of top-ranking Northland Primary.
Frequently Asked Questions
What is the monthly household income ceiling for purchasing an EC?
The HDB monthly household income ceiling for purchasing a new launch Executive Condominium (EC) is capped at $16,000. This includes the combined gross monthly income of all co-applicants.
Who is eligible to purchase a new launch EC?
To buy an EC, you must form a family nucleus under HDB's eligibility schemes (such as the Public Scheme or Fiance/Fiancee Scheme). At least one applicant must be a Singapore Citizen, and co-applicants must be Citizens or Permanent Residents.
Can I use CPF Ordinary Account savings for the EC purchase?
Yes, you can use your CPF Ordinary Account savings to pay the 15% downpayment, buyer's stamp duty, legal fees, and progressive monthly loan installments. To calculate CPF limits, check out our EC Affordability Calculator.