There were almost four times the numbers of applicants for the 1,200 flats released in HDB's Build-To-Order (BTO) flats in Sengkang and Jurong West. However, one industry player sees this demand for BTO flats as the norm and not as a result of the recent high prices in the HDB resale market. Mohammed Ismail, CEO of Propnex, said: "BTO are generally in greater demand and the usual number of subscription...
Jurong West HDB
Two Built-To-Order (BTO) housing projects were launched on Friday, offering 1,200 flats in Sengkang and Jurong West. On the first day of sale, the Housing and Development Board (HDB) received 501 applications for the units. Located near two LRT stations, it is no wonder flat buyers are drawn to the 495 flats available at Fernvale Palms in Sengkang. An interested buyer said: "By the time the flat is...
The Housing and Development Board (HDB) launched two new Build-To-Order (BTO) projects on Friday. Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West offer a total of 1,200 standard flats. They comprise 240 units of 2-room, 396 units of 3-room, 512 units of 4-room and 52 units of 5-room flats. These 1,200 new BTO flats form part of the 5,000 new flat supply which National Development Minister...