No let-up in demand for Bidadari units in BTO exercise
SINGAPORE — With just hours left until applications close for the latest Build-To-Order (BTO) exercise, there has been no let-up in the demand for five-room and multi-generation flats in Bidadari, which continues to be led overwhelmingly by second-time applicants.
SINGAPORE — With just hours left until applications close for the latest Build-To-Order (BTO) exercise, there has been no let-up in the demand for five-room and multi-generation flats in Bidadari, which continues to be led overwhelmingly by second-time applicants.
As of 5pm on Tuesday (March 1), the five-room flats at Alkaff Oasis were more than 12 times oversubscribed, with 3,020 applicants vying for the 236 units on offer. Among the applicants, second-timers registered a subscription rate of 91.1, markedly higher than the application rate of 9 for first-timers.
The five-room units at Alkaff Oasis are among the second batch of public housing in Bidadari launched for sale.
The four-room flats at the project were also a draw, with 4,630 applicants jostling for the 800 units put up for sale.
Launched last Wednesday (Feb 24), the latest BTO exercise has a total of 4,170 BTO flats — comprising two-room Flexi flats, three-, four-, five-room units as well as Three-Generation flats — put up for sale in Bidadari, Sengkang and Bukit Batok. Applications close at midnight on Tuesday.
In Sengkang, the three-, four- and five-room units on offer also saw a keen reception, with subscription rates of 4.7, 4.5 and 6.6, respectively.
Demand also surged for two-room Flexi flats in Sengkang, with 2,388 applications submitted for 448 units. Among the applicants, singles recorded the strongest interest, with a subscription rate of 13.0.