{"id":79736,"date":"2018-02-13T10:40:45","date_gmt":"2018-02-13T03:40:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-2400-applicants-vie-for-bto-project-in-choa-chu-kang\/"},"modified":"2018-02-13T11:03:09","modified_gmt":"2018-02-13T04:03:09","slug":"over-2400-applicants-vie-for-bto-project-in-choa-chu-kang","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-2400-applicants-vie-for-bto-project-in-choa-chu-kang\/","title":{"rendered":"Over 2,400 applicants vie for BTO project in Choa Chu Kang"},"content":{"rendered":"


\nView of new HDB flats in Singapore. (Source: HDB)
\nThe Teck Whye View Build-To-Order (BTO) project in the non-mature estate of Choa Chu Kang was the most sought-after in the Housing and Development Board\u2019s (HDB) latest sales exercise, reported the New Paper.
\nIn fact, over 2,400 applicants vied for the 322 units of three-room and four-room flats there as of 5pm on Monday (12 February), meaning more than seven applicants competed for a unit. This surpassed that of Ubi Grove\u2019s, another BTO project in the mature estate of Geylang that was expected to be popular with would-be buyers.
\nSEE ALSO: Ultimate BTO guide
\nHDB launched its latest sales exercise on 6 February and it closed at midnight yesterday.
\nAccording to Eugene Lim, Key Executive Officer at ERA Realty, the buyers may have been drawn by the project\u2019s proximity to Bukit Panjang MRT station.
\nAnother reason is the affordable prices there starting from $190,000 for a four-room unit (inclusive of grants) he said, adding that prices of similar flats in Geylang\u2019s Ubi Grove are higher by two-fold.
\nMeanwhile, PropNex Realty Key Executive Officer Lim Yong Hock attributes Choa Chu Kang\u2019s high subscription rate to a relatively lower supply of BTO flats in Singapore\u2019s western region amidst the area\u2019s growing population.
\nAlthough there were two BTO launches in the west last year \u2013 Clementi in February and Bukit Batok in August \u2013 the units in the former were pricier than those in Choa Chu Kang. For instance, a four-room flat in Teck Whye View starts from $250,000, while that in Clementi were priced from $432,000.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Over 2,400 applicants vie for BTO project in Choa Chu Kang<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

View of new HDB flats in Singapore. (Source: HDB) The Teck Whye View Build-To-Order (BTO)...<\/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-79736","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-kK4","jetpack-related-posts":[{"id":79011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4381-hdb-flats-in-february\/","url_meta":{"origin":79736,"position":0},"title":"HDB launches 4,381 HDB flats in February","date":"February 6, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the Tampines GreenFoliage BTO project. (Photo: HDB) The Housing and Development Board (HDB) launched 4,381 flats for sale on Tuesday (6 February) under its latest sales exercise. This includes 3,664 Build-To-Order (BTO) and 717 balance flats. The BTO flats will be spread across five projects in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/02\/Feb-2018-BTO-prices-1024x685.jpg?fit=1024%2C685&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":118234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-flats-in-hdbs-latest-bto-exercise-oversubscribed\/","url_meta":{"origin":79736,"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":116814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-7800-bto-flats-in-august-sales-exercise\/","url_meta":{"origin":79736,"position":2},"title":"HDB to offer 7,800 BTO flats in August sales exercise","date":"June 1, 2020","format":false,"excerpt":"\r The BTO exercise which was originally scheduled for May, will be combined with August\u2019s launch.\u00a0 The Housing and Development Board (HDB) will combine the Build-To-Order (BTO) exercise originally set for launch in May with the August BTO exercise, it said in a release on 29 May. This means HDB\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-over-7800-flats-in-combined-sales-exercise\/","url_meta":{"origin":79736,"position":3},"title":"HDB launches over 7,800 flats in combined sales exercise","date":"August 12, 2020","format":false,"excerpt":"\r The flats range from two-room flexi to five-room flats to meet the diverse housing needs of singles, the elderly, first-timers and second-timer families. Photo: Parc Residences @ Tengah The Housing and Development Board (HDB) on Wednesday (12 August) launched 7,862 new flats for sale \u2013 its biggest Build-to-Order (BTO)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-8170-flats-in-november-sales-exercise\/","url_meta":{"origin":79736,"position":4},"title":"HDB launches 8,170 flats in November sales exercise","date":"November 12, 2019","format":false,"excerpt":"\r This includes 4,571 BTO flats in Tengah, Ang Mo Kio and Tampines, as well as 3,599 flats under the Sale of Balance Flats scheme within mature and non-mature estates, like Bishan and Clementi. Image: HDB The Housing and Development Board (HDB) launched 8,170 flats for sale in the year\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4989-bto-flats-more-than-half-in-mature-estates\/","url_meta":{"origin":79736,"position":5},"title":"HDB launches 4,989 BTO flats, more than half in mature estates","date":"August 12, 2021","format":false,"excerpt":"\r Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to\u00a0be completed. A total of 4,989 Build-To-Order (BTO) flats across seven projects in Jurong East, Hougang, Queenstown, Kallang Whampoa and Tampines were launched for sale by the Housing and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/AUGUST-BTO-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79736"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=79736"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79736\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}