This is an early indication that application rates have reduced and are stabilising, said the Housing Board. Read more at straitstimes.com.
SINGAPORE - Fewer first-timer homeseekers applied for the February Build-To-Order sales exercise compared with launches in the last three years - an early indication that application rates have reduced and are stabilising, said the Housing Board.
A total of 4,428 BTO projects across five BTO projects in Queenstown, Kallang/Whampoa, Jurong West and Tengah are up for sale in the current exercise. Considering the average rejection rate of 40 per cent seen in previous BTO launches, most applicants will be able to select a flat if the application rate of a project is below 1.7.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Early signs that BTO application rates have reduced and are stabilising: HDBSINGAPORE: There are early indications that application rates for Build-to-Order (BTO) flats have 'reduced and are stabilising', said the Housing and Development Board (HDB) on Monday (Mar 6), hours before the February sales exercise closes at the end of the day.
Read more »
Latest BTO exercise has lowest number of applicants particularly first-timers since 2020, application rates 'stabilising': HDBSINGAPORE — The February 2023 Build-To-Order (BTO) sales exercise has received the lowest overall number of flat applicants, particularly first-timers, in three years, the Housing and Development Board said in a statement on Monday (March 6).
Read more »
Tightened BTO selection rules with ‘safety valves’ will help genuine buyers: Desmond LeeFrom August, first-timer applicants who do not select a BTO flat when invited to do so will lose priority for a year. Read more at straitstimes.com.
Read more »
HDB to reimburse about S$5.1 million to nearly 900 Punggol BTO flat buyers after completion delaySINGAPORE — The Housing and Development Board (HDB) will reimburse an estimated S$5.1 million to nearly 900 buyers of a Punggol Build-to-Order (BTO) project after its completion was pushed back by more than a year, HDB said on Saturday (March 4).
Read more »
2,300 summonses issued annually for commercial vehicle modifications from 2020 to 2022By adding to or modifying a vehicle’s structure, the safety of a driver or pedestrian may be compromised. Read more at straitstimes.com.
Read more »
Noise complaints received by HDB in 2022 more than five times the number in 2019One of the top noise concerns is inter-floor noise which includes sounds of dragging furniture and slamming of doors. Read more at straitstimes.com.
Read more »