20-24% of first-time BTO applicants in mature estates succeed on first try, less than 2% need more than 5 tries: Desmond Lee
Mr Desmond Lee said less than two per cent of first-time homebuyers took more than five tries to secure a BTO flat in a mature estate from 2019 to 2021
The National Development Minister also said that between 20 and 24 applicants were successful on their first attempt
Mr Lee added that the median number of attempts before a successful BTO application in a mature estate was one