G
General Veers
Guest
Singapore
Mar 31, 2010
One flat, 6 applicants
There are six applicants vying for each available flat at its latest launches
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By Jessica Cheam
<!--background story, collapse if none--> OVERWHELMING RESPONSE
FERNVALE RIDGE
Five-roomers: 1,341 applications for 126 flats
Four-roomers: 1,671 for 216
Three-roomers: 491 for 180
SEMBAWANG RIVERLODGE
Four-roomers: 1,234 applications for 220 flats
Three-roomers: 278 for 86 *Another 126 two-roomers not for sale, but will be set aside for lower-income families at a later date
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Demand was particularly intense for five-roomers in Sengkang, where 1,341 applied for the 126 flats on offer - more than 10 applications for each flat. --PHOTO: HDB
<!-- story content : start --> 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 received for each new flat, according to housing analysts.
Demand was particularly intense for five-roomers in Sengkang, where 1,341 applied for the 126 flats on offer - more than 10 applications for each flat. This high level of interest follows January's launch of four-roomers at Limbang Green at Choa Chu Kang, which attracted 14 applications for every flat. The blistering demand for the developments at Fernvale Ridge in Sengkang and Sembawang RiverLodge is being attributed to the escalating prices of resale flats, which set a fresh record in the last quarter of last year.
Read the full story in Wednesday's edition of The Straits Times.
[email protected]
Mar 31, 2010
One flat, 6 applicants
There are six applicants vying for each available flat at its latest launches
<table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr valign="bottom"><td width="330">
</td> <td width="10">
By Jessica Cheam
<!--background story, collapse if none--> OVERWHELMING RESPONSE
FERNVALE RIDGE
Five-roomers: 1,341 applications for 126 flats
Four-roomers: 1,671 for 216
Three-roomers: 491 for 180
SEMBAWANG RIVERLODGE
Four-roomers: 1,234 applications for 220 flats
Three-roomers: 278 for 86 *Another 126 two-roomers not for sale, but will be set aside for lower-income families at a later date
<!-- end left side bar -->
Demand was particularly intense for five-roomers in Sengkang, where 1,341 applied for the 126 flats on offer - more than 10 applications for each flat. --PHOTO: HDB
<!-- story content : start --> 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 received for each new flat, according to housing analysts.
Demand was particularly intense for five-roomers in Sengkang, where 1,341 applied for the 126 flats on offer - more than 10 applications for each flat. This high level of interest follows January's launch of four-roomers at Limbang Green at Choa Chu Kang, which attracted 14 applications for every flat. The blistering demand for the developments at Fernvale Ridge in Sengkang and Sembawang RiverLodge is being attributed to the escalating prices of resale flats, which set a fresh record in the last quarter of last year.
Read the full story in Wednesday's edition of The Straits Times.
[email protected]