Tag Archives: HDB News

HDB flats in hot demand

Posted on 15 Oct 2009 | 1 comment
The Housing Board advised first-time buyers who would like greater certainty in securing a flat to apply for the Build-to-Order (BTO) flats. — ST PHOTO: ALPHONSUS CHERN

AS AN indication of the red hot demand for public flats, the Housing Board (HDB) was swamped with 20,691 applications for its biggest sales exercise – 2,132 flats – in recent times on its closing day.

This means there are about 10 bids for every available flat. HDB said on Wednesday that it had ‘expected strong interest for these flats as they are limited in number, are located in the popular mature estates, and are either completed or close to completion’. Continue reading →

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Launch of 1,000 BTO flats

Posted on 15 Oct 2009 | 1 comment
The Housing Board will launch two new Build-to-Order projects offering more than 1,000 flats in Sengkang and Jurong West on Friday. — ST PHOTO: CAROLINE CHIA

THE Housing Board will launch two new Build-to-Order projects offering more than 1,000 flats in Sengkang and Jurong West on Friday.

This will be followed by six more launches with 4,000 flats in Punggol, Sembawang, Bukit Panjang and Dawson estates in November and December.

This will bring the number of new BTO flats the board is launching to 5,000 in three months.

In total, the HDB will be supplying 9,000 new BTO flats this year, far more than the 2,900 balance flats sold under the current and previous sale exercises for this year, said the board in a statement on Wednesday.

‘The large number of new flats offers choice and certainty to first-time flat buyers,’ said the HDB.

‘HDB will continue to monitor housing demand and ensure that there is sufficient flat supply for first-time flat buyers.’

Read also: 20,394 apply for 2,132 flats

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