{"id":55420,"date":"2022-06-28T14:47:00","date_gmt":"2022-06-28T06:47:00","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/applicants-decline-bto-booking\/"},"modified":"2023-08-04T17:46:08","modified_gmt":"2023-08-04T09:46:08","slug":"applicants-decline-bto-booking","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/applicants-decline-bto-booking\/","title":{"rendered":"40% of invited applicants decline BTOs; first-timers stand good chance of booking a flat"},"content":{"rendered":"
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About 40% of applicants invited to book a Build-To-Order (BTO) flat <\/span>have turned it down<\/span><\/a>, which leaves the door open for others vying for a flat to secure a unit.  <\/span><\/p>\n

In a statement on 26 June, HDB encouraged invited applicants to go through with their BTO booking to secure a flat.<\/span><\/p>\n

Popular projects:<\/span><\/strong> There was an application rate of 16 for the more popular BTO 4-room units, which meant each flat had 16 people vying for it. It’s no surprise that these popular flats were located in Kallang\/ Whampoa under the <\/span>Prime Location Housing<\/span><\/a> (PLH) model. <\/span><\/p>\n

Not-so-popular projects:<\/span><\/strong> Four in 10 projects between 2020 and 2021 were less attractive, with first-time application rates of 1.7 or lower for 3-room or larger flats. <\/span><\/p>\n

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HDBs in Kallang\/ Whampoa for sale<\/h4><\/div>\n
See all listings<\/a><\/span><\/div>\n <\/div>\n
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\n \"57\n <\/div>\n
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57 Geylang Bahru<\/div>\n
Singapore 330057 \u00b7 D12<\/div>\n
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\n \"bedroom\"\n 2<\/span>\n <\/div>\n
\n \"bathroom\"\n 2<\/span>\n <\/div>\n
\n 700 sqft<\/span>\n <\/div>\n <\/div>\n
S$ 370,000<\/div>\n <\/div>\n
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