This is despite robust housing demand in the past two years, with some of the most popular BTO projects seeing up to 16 applicants vying for each of the four-room flats available.
HDB also said four in 10 BTO projects in 2020 and 2021 had application rates of 1.7 or lower, meaning that each unit only has 1.7 applicants or fewer vying for it.HDB said: “With these application rates, the first-timers who applied for these flats stood a good chance of being invited to book a flat.”
The locations for these BTO projects included areas in Bukit Batok, Jurong West and Tengah for non-mature estates, and in Tampines for mature estates.HDB encouraged flat buyers to consider applying for BTO projects located in non-mature estates or projects with a larger supply, to increase their chances of booking a flat.
HDB also advised applicants to check its website, where since the May 2022 sales exercise, it has published media application rates for the various BTO projects.
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