Jade Spring over-subscribed by almost five times

Jade Spring, the second batch of Built-To-Order flats in Yishun, is over-subscribed by almost five times.

Homebuyers, who are considering the housing project, have until Monday midnight to file their forms.

The project offers 576 units of two-, three- and four-room flats.

Launched on 18 March this year, the project received 241 applications on its first day.

The overwhelming response prompted the Housing and Development Board (HDB) to shorten the application period from three to two weeks. As of Monday afternoon, the project received 2,658 applications.

This project follows from the successful Punggol Spring launch in February, which was over-subscribed by almost six times. – CNA/so

Source : Channel NewsAsia – 31 Mar 2008

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