Over 3 applications per flat in HDB sale

Over 3 applications per flat in HDB sale

More than 26,000 people had applied for the nearly 8,000 units being offered in the Housing Board's latest sale of flats when applications closed yesterday - a subscription rate of 3.3.
The most popular BTO flats were in three blocks in Clementi located next to Trivelis, a Design, Build and Sell Scheme project.

National Development Minister Khaw Boon Wan said in a blog post yesterday that overall subscription rates for first- and second-timers generally dipped compared to past launches. More applicants are taking advantage of the Married Child Priority Scheme to live near their parents.

Source: The Straits Times – 4 April 2012