Strong demand for 4-, 5-room flats at Bidadari

Strong demand for 4-, 5-room flats at Bidadari
According to data on HDB's website, the five-room units are already more than six times subscribed as of 8.15pm on Wednesday (Nov 18).

By Patrick John Lim
POSTED: 19 Nov 2015 00:04

SINGAPORE: Demand for four- and five-room flats at Bidadari estate near Toa Payoh has already exceeded supply, just a day after HDB launched its biggest-ever sale of new units on Tuesday (Nov 17).

Of the more than 12,400 flats on sale, more than 2,140 are at Bidadari. They range from two-room flexi to five-room units.

According to data on HDB's website, the five-room units at Bidadari are already more than six times subscribed as of 8.15pm on Wednesday. A total of 948 applications for the 151 five-room units available have been registered.

Considering just second-timer applicants alone, the subscription rate stands at more than 45 times, as there are only 151 five-room units open for application.

Applications for four-room units totalled 1,537, above the 1,229 on offer.

Prices for the Bidadari new flats are higher than those for BTO units in non-mature estates.

Demand for three-room flats was more subdued, with 183 applications for 567 available units.

An analyst Channel NewsAsia spoke with anticipates strong demand for the units at Bidadari. "It has access to various amenities, and is nearby two MRT stations - Potong Pasir and Woodleigh MRT, so definitely it will command a premium in pricing. So as such, because there are not many launches, BTO flats in mature estates, I will expect demand to be good for the Bidadari flats, even despite its sort of premium pricing," said OrangeTee manager for Research and Consultancy Wong Xian Yang.

Applications for HDB's latest round of BTO and balance flats are open till 11.59 pm on Nov 26, and interested parties can apply online any time before then.

Successful applicants will be determined by a computer ballot and not on a first-come-first-served basis.

- CNA/dl

- wong chee tat :)

Woodleigh MRT Station to open on June 20

Woodleigh MRT Station to open on June 20
By Mustafa Shafawi | Posted: 08 March 2011 1735 hrs

SINGAPORE : SBS Transit has said that Woodleigh, the last unopened station along the North East Line, will begin revenue service on Monday June 20, thanks to an increase in new developments that have come up in the area.

With its opening, residents in new developments like 'Blossoms@Woodleigh' and 'Parc Mondrian' can hop onto the 20-kilometre line to get to places like Punggol and HarbourFront in less than 19 minutes.

They can also transfer to other MRT lines at Serangoon, Dhoby Ghaut or Outram Park stations to get to other suburban towns such as Jurong, Tampines or even Woodlands.

Besides residents, the new station will also be able to serve students and staff from the nearby Stamford American International School, which is slated to open next year.

On the same day that Woodleigh Station opens, Damai LRT Station, which is located in Punggol New Town, will also begin service, following the increase in residential developments in its vicinity.

With the opening of Damai Station, all the seven stations on the Punggol East LRT system will be operational.

As such, the Punggol East LRT system will operate in both directions for passenger convenience and to cater to ridership growth.

- CNA/ms

- wong chee tat :)