High demand for 2-room flexi flats in October BTO launch: As many as 20 applicants per unit
newsare.net
The October HDB Build-to-Order (BTO) sales exercise has seen a notable increase in demand for two-room flexi flats from first-time single applicants, with up to 20 applicants per unit in some estates. In the recent exercise, eligible first-time singles caHigh demand for 2-room flexi flats in October BTO launch: As many as 20 applicants per unit
The October HDB Build-to-Order (BTO) sales exercise has seen a notable increase in demand for two-room flexi flats from first-time single applicants, with up to 20 applicants per unit in some estates. In the recent exercise, eligible first-time singles can now apply for new two-room Flexi flats across projects in all locations under the Housing Board's new classification framework, which deems projects as Standard, Plus or Prime based on factors like proximity to the city centre and transport connectivity, said the Housing Development Board (HDB) in a Facebook post on Monday (Oct 21). In previous exercises, they were limited to applying for projects in non-mature estates. This change led to a pent-up demand for two-room Flexi flats from first-time singles, resulting in an overall surge in BTO applications during this exercise, said HDB. It added that there were nearly 28,200 applications across all flat types received as of 5pm on Monday, with 20 per cent of them being from first-timer single applicants. Read more