Those who have applied for a flat in the Housing Board's August Build-To-Order (BTO) sales exercise...
Applicants were informed of the delay via e-mail on Friday, the same day fresh cooling measures were introduced to ensure flat buyers borrow prudently and moderate demand for HDB resale flats, prompting speculation online as to whether the delay was related to the latest round of cooling measures.
In response, HDB said the new measures do not apply to those who applied for a flat in the August BTO sales exercise.
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