<TABLE border=0 cellSpacing=0 cellPadding=0 width=560><TBODY><TR><TD vAlign=top width=550 colSpan=2>12,700 bids for 2,132 flats so far <!-- TITLE : end--><!--
Analysts say applications could hit 20,000, making 10 bids for every available flat. --></TD></TR><TR>
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</TD></TR><TR><TD class=content_subtitle align=left>Wed, Oct 07, 2009
The Straits Times </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>
</TD><TD vAlign=top align=right><FORM method=post name=emailToFriendForm action=emailToFriend.jsp><INPUT value=/vgn-ext-templating/asiaone/emailToFriend.jsp?vgnextoid=795c32f00eb24210VgnVCM100000430a0a0aRCRD&vgnextchannel=5057d931e0b42110VgnVCM100000bd0a0a0aRCRD type=hidden name=emailToFriendPageURL> <INPUT value=http://www.asiaone.com/Business/My%2BMoney/Property/Story/A1Story20091007-172209.html type=hidden name=emailToFriendStoryLink>
</FORM><SCRIPT> function openEmailA1AdminWindow(emailToFriendForm) { var emailToFriendPageURL = emailToFriendForm.emailToFriendPageURL.value; emailToFriendForm.action = emailToFriendPageURL; emailToFriendForm.target="_blank"; emailToFriendForm.submit(); } </SCRIPT></TD></TR></TBODY></TABLE><TD></TD></TR></TBODY></TABLE></TD></TR><!-- Story Without Image / With eXtra Large Image End --><TR><TD class=bodytext_10pt colSpan=3><!-- CONTENT : start -->APPLICATIONS are pouring in for the HDB's sales exercise for 2,132 flats in 24 estates across the island.
The homes, launched under its new Sales of Balance Flats scheme last Thursday, have attracted 12,728 bids as of the latest update at 5pm yesterday - about six times oversubscribed.
Analysts say applications could hit 20,000 when the process closes next Wednesday, making 10 bids for every available flat.
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Analysts say applications could hit 20,000, making 10 bids for every available flat. --></TD></TR><TR>
The Straits Times </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>
The homes, launched under its new Sales of Balance Flats scheme last Thursday, have attracted 12,728 bids as of the latest update at 5pm yesterday - about six times oversubscribed.
Analysts say applications could hit 20,000 when the process closes next Wednesday, making 10 bids for every available flat.
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For more The Straits Times stories, click here.
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