Buying ·
Buying an Older HDB Flat: Lease Decay and CPF Limits
A shorter remaining lease cuts CPF use, the loan and the grant. What the thresholds are and when an older flat still makes sense.
Turf City's first condo previews at $2,799 psf. What Dunearn House offers, what it costs, and the checks to run before booking day on 25 July.
Darren Koh ·
Dunearn House is the first condo to launch in the Turf City redevelopment. Its 25 July 2026 booking day will give the planned 20,000-home precinct its first price benchmark. The starting prices look accessible for Bukit Timah, but buyers are also paying years ahead for a neighbourhood that has yet to take shape.
| Fact | Detail |
|---|---|
| Developer | Phoenix Dunearn Pte Ltd (Frasers Property, Sekisui House, CSC Land Group) |
| Tenure | 99-year leasehold |
| Units | 380, across two 19-storey towers and three 10-storey blocks |
| Site | About 145,173 sq ft on Dunearn Road, Bukit Timah |
| Preview / booking | 10 July / 25 July 2026 |
| Expected TOP | Estimated 2030 |
Figures via EdgeProp's launch report and Stacked Homes' review.
| Unit type | Size | From | Entry PSF |
|---|---|---|---|
| 2-bedroom | 527–678 sq ft | $1.475M | $2,799 |
| 3-bedroom | 872–1,001 sq ft | $2.597M | $2,978 |
| 4-bedroom | 1,184–1,378 sq ft | $3.588M | $3,030 |
Two things stand out in that table. First, the entry quantum: $1.475 million buys into Bukit Timah, a district where landed homes and older freehold condos dominate, and that number will draw buyers who care more about the address than the floor area. A 527 sq ft two-bedder is compact; view the showflat unit with your furniture in mind, and read our list of showflat mistakes first-time condo buyers make before you go.
Second, the jump between unit types. The cheapest three-bedder costs $1.1 million more than the cheapest two-bedder. Families upgrading from an HDB flat should price that gap against resale alternatives nearby, where freehold units of similar size sometimes transact lower on quantum. The premium buys a new project and the precinct's upside; whether that trade is worth $1.1 million depends on your horizon.
The 380 units break into a wider spread of layouts than the three-row pricing table suggests, per Stacked Homes' review:
| Layout | Size |
|---|---|
| 2-bedroom | 527 sq ft |
| 2-bedroom premium | 614 sq ft |
| 2-bedroom + study | 657–678 sq ft |
| 3-bedroom | 872 sq ft |
| 3-bedroom + flexi | 936 sq ft |
| 3-bedroom + study | 947–969 sq ft |
| 3-bedroom premium | 1,001 sq ft |
| 4-bedroom | 1,184 sq ft |
| 4-bedroom premium | 1,302–1,313 sq ft |
| 4-bedroom + study | 1,378 sq ft |
The spread inside each bedroom count matters more than it looks. A 2-bedroom + study at 678 sq ft gives you 29% more floor than the base two-bedder for the same bedroom count, so ask for the price step between layouts, not just between bedroom counts, when you get the full price list. Stacked Homes also notes enclosed kitchens with natural ventilation across the layouts, a genuine daily-life difference from the open-plan kitchens most compact new launches ship with.
Facilities run to two clubhouses, a 50-metre lap pool, wellness pools, a gym, a tennis court, a teppanyaki pavilion and dispersed children's play areas. With 380 units sharing them, the per-owner load sits in comfortable territory; the maintenance-fee arithmetic that punishes small developments with big facilities works in this project's favour.
Buying Dunearn House means underwriting a precinct that does not exist yet. The former racecourse grounds are planned for up to 20,000 private and public homes, with a Turf City station on the Cross Island Line slated for around 2032, two years after the estimated TOP.
Both sides of the bet:
The established Bukit Timah draws remain: Sixth Avenue MRT within walking distance, and Methodist Girls' School (Primary) inside 1km per Stacked Homes' measurement, which matters for the Primary One ballot. Verify the 1km radius against your exact block and MOE's school-distance rules before you weight it in your decision; developers measure from the nearest site boundary, MOE measures from your address.
A new launch runs on the progressive payment schedule: you pay in stages as construction hits milestones, rather than the full sum at completion. That eases early cash flow but stretches your exposure across four years of a rising or falling rate cycle. The 25% downpayment rules (5% hard cash minimum with a bank loan) and the CPF mechanics, including the accrued-interest meter that starts the day you draw on your Ordinary Account, are covered in our guide to using CPF for property.
If the purchase depends on selling an HDB flat, sequence matters as much as price. The ABSD maths and the three ways to order the two transactions are in should you sell your HDB before buying a condo.
Four checks, in order:
Set your limit from the final price list, stamp duties and the mortgage at a higher rate. The showflat's affordability illustration should not set your budget.
Sources: EdgeProp — Dunearn House preview report, Stacked Homes — Dunearn House review, Stacked Homes — Dunearn House pricing review, 99.co — Turf City launch coverage.
Buying ·
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