20-24% of first-time BTO applicants in mature estates succeed on first try, less than 2% need more than 5 tries: Desmond Lee

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SINGAPORE — Less than two per cent of first-time homebuyers took more than five tries to secure a built-to-order (BTO) flat in a mature estate from 2019 to 2021, while the percentage of those who were successful on their first attempt was between 20 and 24 per cent, said Minister for National Development Desmond Lee.

SINGAPORE — Less than two per cent of first-time homebuyers took more than five tries to secure a Build-To-Order flat in a mature estate from 2019 to 2021, while the percentage of those who were successful on their first attempt was between 20 and 24 per cent, said Minister for National Development Desmond Lee.

Ms He of Sengkang Group Representation Constituency had posed four questions to the minister regarding the Housing and Development Board’s BTO applications in mature estates in each of the last three years.

“As such, we encourage applicants to apply for flats in the non-mature estates in order to improve their chances of securing a BTO flat,” said Mr Lee. “Common reasons cited by such applicants were their preferred units not being available, wanting to apply for flats in other sales exercises, or having decided to purchase a resale flat instead,” said Mr Lee.

For this reason, he said HDB encourages all applicants to book a flat when they are invited to do so. Otherwise, they will be issued a non-selection count.

 

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