Almost all larger flats in the ongoing Build-To-Order (BTO) sales exercises have been oversubscribed just a day after the launch, with the five-room and three-generation units in Ang Mo Kio proving to be the most popular. As at 5pm on Wednesday, 2,541 applicants were vying...
The three-room flats, the only other flat type in both projects, drew fewer applicants and are currently still undersubscribed.
There is a limited supply of five-room flats in central mature towns, the bulk of which is found in BTO projects in the Bidadari estate, which is part of Toa Payoh town. On Tuesday , HDB launched a total of 4,993 BTO flats for sale, spread across seven housing projects in six estates. Interest was most muted for the Choa Chu Kang BTO project, where there are fewer first-time applicants than the number of available three-room, four-room and five-room flats.
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