17 Jul '11, 3pm

2 applicants for each BTO flat is ideal: Khaw

2 applicants for each BTO flat is ideal: Khaw

Mr Khaw, who took over the housing hot seat following the May general elections, wrote: 'For (the) January BTO, practically all first-timers got to select a flat. Even second-timers got an 84 per cent chance to select.' -- ST PHOTO: TED CHEN THE OPTIMUM flat-to-applicant ratio for public housing launches appears to be 1:2, with almost every applicant that is given a chance to pick a flat doing so. In his latest blog entry titled Who Are The Successful Ones?, posted yesterday, National Development Minister Khaw Boon Wan gave an analysis of how earlier build-to-order (BTO) projects had done. For the Housing Board's January BTO launch, where there were two applicants for each of the 1,728 Bukit Batok and Yishun flats on offer, 92 per cent of all the applicants were offered a flat. Mr Khaw, who took over the housing hot seat following the May general elections, wrote: 'For (th...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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