Located at the junction of Punggol Place and Punggol Field, the project comprises 120 three-room, 465 four-room, and 165 five-room premium flats. The flats cost between $181,000 for a three-room unit and $416,000 for a five-room one.
Applications for the new flats can be submitted from Nov 13 to 26, after which HDB will assess the subscription rate before inviting applicants for the flats.
Applicants' queue position to book a flat will be determined by computer ballot and they will be informed of their queue positions in January.
Selection will take place from February.