Friday, July 2, 2010

Big demand for Punggol flats

A couple checking out artists' impressions of new build-to-order (BTO) flats at HDB Hub in Toa Payoh yesterday. The Housing Board received a deluge of applications just one day after the launch of BTO project Waterway Terraces in Punggol, which will feature waterfront units.

As of yesterday, five-room flats had been almost six times oversubscribed, with 1,755 applications received for the 306 flats available. Demand was also high for four-roomers, with 2,461 applications received - more than four times the 588 available units.

Source: Straits Times, 2 Jul 2010

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