More BTO flats in non-mature estates for first-timers

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More BTO flats in non-mature estates for first-timers
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SINGAPORE - First-timer applicants will now stand a better chance at securing a Build-To-Order (BTO) flat in non-mature estates, starting with the upcoming sales launch next Tuesday (Aug 30). At least 95 per cent of the four-room and larger BTO flats in these estates will be set aside for first-timer families, up from 85 per cent, said the Ministry of...

At least 95 per cent of the four-room and larger BTO flats in the non-mature estates will be set aside for first-timer families.SINGAPORE - First-timer applicants will now stand a better chance at securing a Build-To-Order flat in non-mature estates, starting with the upcoming sales launch next Tuesday .

The allocation quota for first-timer families for three-room flat supply in non-mature estates will also increase to at least 85 per cent, up from 70 per cent. Up to 65 per cent of the non-senior two-room flexi flats in non-mature estates will be set aside for first-timer singles, up from 50 per cent.The adjustments to the allocation quotas are to give first-timer applicants "greater certainty" in securing their first homes, as this group form the bulk of BTO applications, said MND and HDB.

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