Limited supply of five-room BTO flats in central mature towns in the last five years due to space constraints: HDB

Artist's impression of HDB's Bishan Towers Build-To-Order development.
Artist's impression of HDB's Bishan Towers Build-To-Order development.PHOTO: HDB

SINGAPORE - For many Singaporeans, successfully balloting for a Build-To-Order (BTO) flat in a centrally located mature housing estate is akin to striking the lottery.

Competition is stiff in the hotly sought-after estates of Toa Payoh, Geylang and Bishan, with the number of applicants per available flat sometimes veering into double digits, especially for five-room flats.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.