1st-timers stand higher chance of getting flats

17 Nov 2011

Newlyweds now stand a very high chance of getting a new flat, as the government has ramped up its construction programme and priority in treatment, said Minister of National Development, Khaw Boon Wan, on his latest blog.
“Since I joined MND, HDB has launched 16,000 new flats. Excluding studio apartments, nearly 14,000 units were reserved for newlywed first-timers,” Mr Khaw wrote.
“The selection exercise for the September launch is still on-going. But the earlier BTO launches are substantially completed.”
Mr Khaw revealed that the success rate of the July launch of new BTO flats across towns like Bukit Panjang, Jurong West, Sengkang, Tampines and Yishun was 73 percent, meaning that more than seven out of 10 applicants were invited to choose a flat.
“Overall, 73 percent of newlywed first-timers who applied were successful in being invited to make a selection,” he noted. “I am quite sure the situation in the September launch will show further improvement.”
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