On the surface, the report (below) appears to help homeless local young couples. However, I think that the scheme is designed to house new citizens. Very clever indeed!
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Source: http://www.stproperty.sg/articles-p...y-scheme-for-flats-attracts-families/a/104992
A NEW priority scheme to help married couples with young children secure a new Housing Board flat more quickly has seen a strong take-up.
Applicants in this category made up 30 per cent of the flats on offer - precisely the proportion of flats set aside for them - in the non-mature estates of Choa Chu Kang, Hougang and Yishun in last month's Build-to-Order (BTO) exercise.
This means these applicants have a virtually 100 per cent chance of getting a BTO flat.
These probabilities fall, however, in the more popular mature estates of Ang Mo Kio, Kallang/ Whampoa and Tampines.
There, the number of married applicants with kids was almost 80 per cent of the flat supply - more than twice the 30 per cent allocation for them.
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Source: http://www.stproperty.sg/articles-p...y-scheme-for-flats-attracts-families/a/104992
A NEW priority scheme to help married couples with young children secure a new Housing Board flat more quickly has seen a strong take-up.
Applicants in this category made up 30 per cent of the flats on offer - precisely the proportion of flats set aside for them - in the non-mature estates of Choa Chu Kang, Hougang and Yishun in last month's Build-to-Order (BTO) exercise.
This means these applicants have a virtually 100 per cent chance of getting a BTO flat.
These probabilities fall, however, in the more popular mature estates of Ang Mo Kio, Kallang/ Whampoa and Tampines.
There, the number of married applicants with kids was almost 80 per cent of the flat supply - more than twice the 30 per cent allocation for them.