High demand for BTO flats
By Esther Teo
After almost two weeks of open applications, the scramble for the Dawson Housing Development Board (HDB) build-to-order (BTO) flats came to a close on Monday innundated by overwhelming demand - with some flats more than 11 times oversubscribed. -- ST PHOTO: LAU KENG SENG
AFTER almost two weeks of open applications, the scramble for the Dawson Housing Development Board (HDB) build-to-order (BTO) flats came to a close on Monday innundated by overwhelming demand - with some flats more than 11 times oversubscribed.
Five-room Dawson flats were the most popular with 2,090 applications received for 176 available flats - approximately 11.9 times oversubscribed - while four-room and three-room flats received 6,015 applications for the 1,102 flats and 806 applications for the 270 flats available respectively.
Studio apartments were also hot property with demand outstripping supply by a factor of 10.7; it had an impressive 429 applications for 40 spots.
Paired units under the multi-generational scheme similarly saw high demand with 379 applications for the 65 such flats available.
Despite such stiff competition, systems analyst Victoria Chew, 26, who had applied for a four-room paired unit under the scheme said that she was not worried.
Her fiancee and her plan to continue looking for a suitable four-room resale flat in the area while waiting for the balloted queue position to be announced in February next year. If successful, they were willing to forgo their Dawson application despite its resonable price and good location, Ms Chew said, citing the 2015 project completion date as a significant drawback.
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