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Sunday, April 11, 2010

Strong interest in latest BTO projects in Sengkang & Sembawang

The two latest Build-To-Order (BTO) projects in Sengkang and Sembawang are receiving strong interest.

The bigger flats offered under the two projects are more popular than the smaller units.

Some 1,260 applications have been received so far for the 5-room units in the Fernvale Ridge BTO in Sengkang, 10 times the number of such units on offer.

They are being sold at between S$281,000 and S$352,000.

The 4-room units offered under the Sembawang RiverLodge BTO project is also seeing strong demand.

The number of applicants exceeded the number of units offered by more than five times.

The units are being offered at between S$212,000 and S$268,000.

The two projects received 4,732 applications in total for the 828 units offered.

Ninety-five per cent of these flats will be set aside for first-time owners.

Applications close at midnight.

Next month, HDB will launch another 1,200 BTO flats in Punggol.

Source : Channel NewsAsia – 29 Mar 2010

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