{"id":114363,"date":"2020-02-18T11:17:34","date_gmt":"2020-02-18T04:17:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/larger-bto-flats-most-popular-among-home-seekers\/"},"modified":"2020-02-18T18:17:14","modified_gmt":"2020-02-18T11:17:14","slug":"larger-bto-flats-most-popular-among-home-seekers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/larger-bto-flats-most-popular-among-home-seekers\/","title":{"rendered":"Larger BTO flats most popular among home seekers"},"content":{"rendered":"


\nCanberra Vista, the Build-To-Order (BTO) project in Sembawang saw over 10 applicants competing for each of the 266 units of five-room and three-generation flats.
\nBigger flats proved to be most popular among home buyers at this year\u2019s first sales exercise which concluded on 17 February.
\nCanberra Vista, the Build-To-Order (BTO) project in Sembawang, for instance, saw over 10 applicants competing for each of the 266 units of five-room and three-generation flats as at 5pm yesterday, reported The Straits Times.
\nRELATED:\u00a0Everything You Need to Know About HDB\u2019s February 2020 BTO Launch in Toa Payoh and Sembawang
\nAlso popular were the 285 four-room units, attracting over six applicants each. The 124 three-room flats, on the other hand, had around three applicants each.
\nOver in Toa Payoh, competition has also been stiff, with the 1,211 four-room flats offered receiving over 10,000 applications. This works out to around eight applicants for every available flat.
\nThe four-room flat is the largest flat type offered in the two BTO projects \u2013 Toa Payoh Ridge and Kim Keat Ripples \u2013 in Toa Payoh.
\nLocated between Braddell and Caldecott MRT stations, Toa Payoh Ridge also has 102 three-room flats which drew four applicants each.
\nOrangeTee & Tie\u2019s Head of Research and Consultancy Christine Sun had expected Toa Payoh to post a high application rate.
\nAnd while the high level of interest registered for bigger flats within the non-mature estate of Sembawang was \u201cunusual\u201d, it was not entirely surprising, she said.
\n\u201cIt\u2019s not often we get a new BTO project that is right next to an established MRT line and with upcoming amenities like shopping malls next to it.\u201d
\nAnother factor leading to such interest is pricing.
\n\u201cPrices are also more affordable compared with the other two Toa Payoh projects, which are priced higher,\u201d added Sun.
\nA four-room unit within the two Toa Payoh projects are priced between $395,000 and $666,000, while a five-room unit in Sembawang is offered from $350,000 to $406,000.
\nHDB launched 3,095 BTO units for sale on 11 February and is set to launch another 3,700 BTO flats in Tengah, Pasir Ris, Choa Chu Kang and Tampines in May.
\nIt will release an additional 4,100 BTO flats in Woodlands, Bishan, Ang Mo Kio, Geylang and Tampines in August.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Larger BTO flats most popular among home seekers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Canberra Vista, the Build-To-Order (BTO) project in Sembawang saw over 10 applicants competing for each...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114363","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tKz","jetpack-related-posts":[{"id":114185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3095-flats-in-feb-sales-exercise\/","url_meta":{"origin":114363,"position":0},"title":"HDB launches 3,095 flats in Feb sales exercise","date":"February 11, 2020","format":false,"excerpt":"\r The flats are located across two housing projects in Toa Payoh \u2013 in Kim Keat and one near Caldecott \u2013 as well as in another project in Sembawang. Photo: HDB The Housing and Development Board (HDB) launched 3,095 Build-To-Order (BTO) flats during the first sales exercise of the year.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-flats-in-hdbs-latest-bto-exercise-oversubscribed\/","url_meta":{"origin":114363,"position":1},"title":"All flats in HDB\u2019s latest BTO exercise oversubscribed","date":"August 14, 2020","format":false,"excerpt":"\r HDB has received a total of 17,947 applications a day after launch.\u00a0 The 7,862 new flats launched by the Housing and Development Board (HDB) on Wednesday (12 August) received robust interest from buyers, with all flats types being oversubscribed. As of 11am on Friday (14 August), the two-room flexi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4089-flats-in-september-sales-exercise\/","url_meta":{"origin":114363,"position":2},"title":"HDB launches 4,089 flats in September sales exercise","date":"September 12, 2019","format":false,"excerpt":"\r A total of 3,373 Build-To-Order (BTO) flats were launched in Punggol and Tampines, which were spread across three projects \u2013 Punggol Point Crown, Punggol Point Cove and Tampines GreenGlen. The Housing Board launched 4,089 flats for sale on Wednesday (11 September), just a day after National Development Minister Lawrence\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/geylangs-four-room-bto-flats-14-times-oversubscribed\/","url_meta":{"origin":114363,"position":3},"title":"Geylang\u2019s four-room BTO flats 14 times oversubscribed","date":"August 19, 2020","format":false,"excerpt":"\r Parc Residences @ Tengah. Photo: HDB The Housing and Development Board\u2019s (HDB) four-room Build-to-Order flats in Geylang proved to be a hit among first-time homebuyers, registering an application rate of 14.1 as at 5pm on Tuesday (18 August). Known as Dakota One, four-room flats in the BTO project in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3740-bto-flats-including-singapores-first-community-care-apartments-for-seniors\/","url_meta":{"origin":114363,"position":4},"title":"HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniors","date":"February 5, 2021","format":false,"excerpt":"\r HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniorsThe Kallang\/Whampoa and Toa Payoh projects are expected to be heavily oversubscribed, given their prime city fringe locations and\u00a0close proximity to MRT stations. Image: HDB In the first sales exercise of the year, the Housing and Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/feb-2021-bto-bidadari.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":89032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6992-flats-in-may\/","url_meta":{"origin":114363,"position":5},"title":"HDB launches 6,992 flats in May","date":"May 22, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the Kim Keat Beacon BTO project in Toa Payoh. (Photo: HDB) The Housing and Development Board (HDB) launched 6,992 flats for sale on Tuesday (22 May) under its May exercise. This comprises 3,970 Build-To-Order (BTO) and 3,022 balance flats. 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