http://www.straitstimes.com/Breaking...ry_478987.html
Jan 18, 2010
BTO FLATS
5 times oversubscribed
By Harsha Jethnani
DEMAND for public housing shows no sign of abating, with the first Housing Board build-to-order (BTO) projects this year in Choa Chu Kang and Hougang, already attracting overwhelming interest.
The biggest draw were the four-room apartment types at Limbang Green in Choa Chu Kang, which as at 5pm on Mondasy, were 14 times oversubscribed.
Applications for four-room apartments went up to 2,681 for 188 such units at Limbang Green in Choa Chu Kang. At Buangkok Vale in Hougang, 2,608 applications were made for 458 four-room apartments.
A total of 6,848 applications were received for 1,291 units offered in the two projects, launched on Jan 5 - which is more than five times oversubscribed, indicating that demand is likely to be strong for future projects.
The HDB said in a statement on Monday that 12,000 new BTO flats will be released this year if there is sustained demand.
The final update on number of applications received will be posted on www.hdb.gov.sg at 2pm on Tuesday.