BTO in Boon Lay gets strong demand

The latest Build-To-Order Project, Boon Lay Grove in Jurong West, is receiving heavy interest from home buyers.

Observers say the upcoming Jurong Lake District makes the location more attractive.

Based on latest figures from the HDB website, more than 3,800 people have applied for the 450 units being offered.

That is close to nine times as many applicants as there are units.

Some 2,500 people have applied for the 300 four-room units.

Close to 1,400 people have applied for the 150 five-room units on offer.

The other BTO project, Floral Spring@Yishun, is not seeing as strong a demand. The number of applicants exceeded the number of units available by about five times.

The project offers a mix of studio apartments, as well as four- and five-room units.

Altogether 600 units are being offered at Floral Spring.

Source : Channel NewsAsia – 19 May 2010

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