58 singles applied for each two-room flat in the latest BTO launch

In Mr Khaw Boon Wan’s latest blog post, Mr Khaw hinted that as of last night’s BTO closing, “we expect to have received more than 8,500 applicants from singles. More than 55 singles will compete for each two-room unit on offer for singles. This is not lukewarm at all”

Indeed, according to the Housing Board’s final tally, about 58 singles applied for each two-room flat available to them in the Build-To-Order launch.

The two-room flats at Sengkang FernVale Riverwalk remained as attractive with about 81 singles going for each flat on offer. comparing to Yishun unit, it only received nearly 39 applications from singles.

There is a total of close to 20000 applications made in this round of BTO exercise, which calculated to 4.9 applicants fighting for 1 units. The exercise, which closed at midnight on 5/8/2013, was the first time singles aged 35 and over could apply for new flats.

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BTO Application received , Aug 2013

BTO Application received , Aug 2013

Source : http://www.hdb.gov.sg , http://mndsingapore.wordpress.com/ , http://www.straitstimes.com

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One response

  1. […] 58 singles applied for each two-room flat in the latest BTO launch (paulngproperty.wordpress.com) […]

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