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http://sg.news.yahoo.com/hdb-applications-exceed-available-flats-055226890.html
HDB applications exceed available flats
Property Guru – Fri, Mar 30, 2012
Home buyers have overwhelmingly responded to the Housing and Development Board's (HDB) recent launch of 7,978 flats, with applications exceeding the number of available flats, according to a Straits Times report.
Some 8,551 applications were received as of 5pm yesterday in only the second day of applications, said the HDB. The launch will carry on for five more days.
HDB's figures show that demand for Sale of Balance Flats (SBF) was mostly driven by second-timers but their quota still remains at five percent.
On the other hand, Build-to-Order (BTO) flats appealed mostly to first-timers. Related Stories:1-year ban for cancelling HDB bookings
HDB's bumper supply to meet diverse needs
HDB raises income ceiling for two-room flats in mature estates
HDB applications exceed available flats
Property Guru – Fri, Mar 30, 2012
Home buyers have overwhelmingly responded to the Housing and Development Board's (HDB) recent launch of 7,978 flats, with applications exceeding the number of available flats, according to a Straits Times report.
Some 8,551 applications were received as of 5pm yesterday in only the second day of applications, said the HDB. The launch will carry on for five more days.
HDB's figures show that demand for Sale of Balance Flats (SBF) was mostly driven by second-timers but their quota still remains at five percent.
On the other hand, Build-to-Order (BTO) flats appealed mostly to first-timers. Related Stories:1-year ban for cancelling HDB bookings
HDB's bumper supply to meet diverse needs
HDB raises income ceiling for two-room flats in mature estates
