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It is confirmed that HDB flat is too cheap

Thread starter MarrickG
Start date Jan 19, 2010

MarrickG

Alfrescian

Loyal

Jan 19, 2010

High demand for new HDB flats

BUYERS have rushed to the HDB's first build-to-order (BTO) projects launched this year, with one category of flats attracting 14 times more applications than homes available.

The intense interest in the developments at Choa Chu Kang and Hougang mirrors the flood of applications for two similar BTO projects at Dawson in Queenstown just before the new year.

The new estates - both in well-established areas - had attracted a total of 6,848 applications for 1,291 units ranging from studios to four-room units by 5pm yesterday.

http://news.asiaone.com/News/the+Straits+Times/Story/A1Story20100119-192749.html

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