FRESH evidence has emerged of Singapore's red hot property market with the Housing Board's (HDB) latest launches attracting six applicants for every available flat. A staggering 5,015 bids were received for 828 new flats in Sengkang and Sembawang by the application deadline of midnight on Monday. The high level of interest outstrips that of recent years, when about four applications were typically...
Sembawang RiverLodge
The two latest Build-To-Order (BTO) projects in Sengkang and Sembawang are receiving strong interest. The bigger flats offered under the two projects are more popular than the smaller units. Some 1,260 applications have been received so far for the 5-room units in the Fernvale Ridge BTO in Sengkang, 10 times the number of such units on offer. They are being sold at between S$281,000 and S$352,000. The...
THE Housing Board has launched two build-to-order (BTO) projects that will deliver 828 new flats to the market. The developments - Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang - comprise 266 three-room, 436 four-room and 126 five-room units. Another 126 two-room flats in Sembawang RiverLodge will not be offered for sale. They will be set aside for lower-income families at a later...
The Housing and Development Board (HDB) has launched two new Build-To-Order (BTO) projects - Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang. Close to 830 flats will be offered in total, most of which are four-room units. HDB said 95 per cent of the flats will be set aside for first-timers. Flats in Fernvale Ridge range in price from S$128,000 for a three-room unit to S$352,000 for a...