Bigger BTO flats in Serangoon draw more than 13 first-timer applicants for each unit on offer

Bigger BTO flats in Serangoon draw more than 13 first-timer applicants for each unit on offer

The Straits Times - Singapore·2023-06-08 20:00

SINGAPORE - Flat buyers made a beeline for bigger flats in Serangoon in the ongoing Build-To-Order (BTO) sales exercise, signalling a pent-up demand in the mature estate that had not seen new flats launched for about nine years.

As at 5pm on Thursday, 2,390 applicants had applied for the 129 five-room flats in the Serangoon North Vista BTO project. This translates to more than 13 first-timer applicants for each available unit.

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