Demand is high for the Housing Board’s (HDB) latest Build-To-Order (BTO) exercise, with flats in both mature and non-mature estates in Geylang and Woodlands heavily oversubscribed yesterday, just one day into their one-week launch for sale.
As of yesterday evening, there were on average more than two applicants for each of the 7,862 flats available at this sales exercise, even after HDB said some of the flats in this launch may take up to five years to build due to construction safety measures introduced since Covid-19.
Among the most in-demand units were larger flats in mature estates. There were 2,400 applicants for 334 four-room flats in the Dakota One project in Geylang, while 1,180 applications were received for 140 five-room flats in Ang Mo Kio’s Kebun Baru Edge.
Read more at: https://www.straitstimes.com/singapore/big-appetite-for-latest-bto-flats-a-day-after-launch