Wednesday, October 2, 2013

Good response to 3Gen flats in September BTO exercise: Khaw

Good response to 3Gen flats in September BTO exercise: Khaw

    POSTED: 02 Oct 2013 21:59
 
The Housing and Development Board's 84 units of 3Gen flats have attracted some 300 applications, Singapore's National Development Minister Khaw Boon Wan revealed in a blog post on Wednesday.

SINGAPORE: The Housing and Development Board's 84 units of 3Gen flats have attracted some 300 applications.

National Development Minister Khaw Boon Wan revealed this in a blog post on Wednesday evening, saying it is a good start to the new scheme.

His comment comes ahead of the closing of the September Build-To-Order (BTO) exercise at midnight.

He added that the authorities have deliberately bundled 3Gen flats together with five-room flats.

This way, those who could not select a 3Gen flat will have the additional option of choosing a five-room flat.

He said alternatively, applicants could wait for the November BTO exercise, which will include about 100 units of 3Gen flats in Jurong West.

In the September BTO, the authorities have also rolled out another pro-family measure -- the enhanced multi-generation priority scheme (MGPS).

This allows parents to apply for three-room flats in addition to a studio apartment or a two-room flat

Mr Khaw said there has been encouraging response from 42 pairs of MGPS applications.

Among the MGPS applications, nine out of 10 parents applied for a three-room flat.

Meanwhile, demand from singles is expectedly high.

As at 5pm on Wednesday, there were about 7,800 applications, compared to the 8,800 in the July BTO exercise.

Mr Khaw said the authorities will ramp up two-room BTO supply in non-mature estates to 5,000 units next year to address demand.

- CNA/gn

- wong chee tat :)

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