They would be built to one of five different designs to suit individual owners, he said.
The Casel St homes will be accessed by a tree lined road formed off Casel St utilising the old entrance to the former milk factory, and the subdivision will include a park.
Sections will range in size from 218sq m to 322sq m and Mr Borman said he already has four potential homeowners pencilled in.
The Rimu St subdivision partly utilises the land on which Totara Drive School stood.
Originally Mr Borman planned to re-open the school, as a school, and had a likely occupier.
"But because of government restrictions it was turned down so I had to drop that idea."
Instead the school buildings are to be moved off-site and the intended sub-division enlarged to use the land.
The subdivision will be accessed by a loop road from Rimu St and five potential owners are pencilled in. Sections will start at 303sq m and the largest will be 577sq m and landscaping at both sub-divisions will even extend to having raised vegetable gardens built.
Mr Borman said if needed homeowners will be able to borrow money through a deal being arranged with a bank.
He said details of personal choice, such as paint colours and carpet choices can be worked out between his company and those buying homes and all homes will be on freehold titles.
A decision to press ahead with the two housing projects was made after Mr Borman had researched demand for good quality homes in the town.
He said projects he was now working on, including the new town square in central Masterton, were either close to finishing or well underway and he had time to turn his attention to the housing developments.
Consents for developing the two land blocks were already in hand, he said.