VLSI HomePage

A Blog of Wonderful Things

June 08, 2018

Toa Payoh BTO Flats Launch In May

Kim Keat Beacon BTO apartments oversubscribed by greater than 4 times. The HDB apartments of Kim Keat Sign were oversubscribed by greater than 4 times. 2,400 candidates vied for the 542 three and also four-bedroom flats. This latest launch featured efforts developed to assist young pairs safeguard a flat quicker. In total, May's launch of 3,970 units was practically two times oversubscribed. Albeit the fact that concerning 3,600 applicants would not have actually successfully applied for a flat, the authorities have actually pointed out that application prices for this launch were less than typical.

May's launch included apartments in even more non-mature estates. Besides the 542 units in Toa Payoh, the various other 2,157 units were provided in Yishun as well as Sengkang. The other 1,271 units were offered in Tampines. Though the latter is a mature estate, these units are not located near MRT stations. Dreaming of all the good things that come with living in CBD? The choice is clearly buying a unit in Wallich Residences. The Kim Keat area has actually not seen a BTO launch in a long time, which could account for stifled need. The last launch right here remained in 2012 and the majority of the systems were small apartment for elderly people. This latest launch, however, contained 3- as well as 4-bedroom systems which would certainly have been most appealing to young pairs or families. The brand-new campaigns which applicants can benefit from in this launch and also future ones consisted of, the changed radius of 4km under the Married Youngster Concern Scheme (MCPS) and also Senior Priority Scheme.