Strong demand for latest BTO projects
05:55 AM Feb 25, 2010
SINGAPORE - There has been strong demand for the two latest Housing and Development Board Build-to-Order (BTO) projects at Punggol Crest and Treegrove@Woodlands. At 5pm yesterday, the developments were four-times oversubscribed, with 6,375 applications for the 1,534 units on offer.
The bigger flats were more popular with 2,613 applicants vying for 270 four-room units at Punggol Crest. The 372 four-room units on offer at Treegrove had 2,426 applications.
By contrast, only 76 people applied for the 240 two-room units at Punggol Crest.
The prices for Punggol Crest range from $90,000 for a two-room flat to $301,000 for a four-room flat. At Treegrove, prices ranged from $64,000 for a studio apartment to $288,000 for a four-room flat.
Applications closed at midnight yesterday.
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