18 Jul '11, 6am

Almost all applicants may select BTO flats if… | SingaporeScene - Yahoo! News via @yahoosg

Almost all applicants may select BTO flats if… | SingaporeScene - Yahoo! News via @yahoosg

In his latest blog posting, Minister Khaw gives a breakdown of the success rate of applicants choosing BTO flats. … Almost all applicants will get a chance to select a build-to-order (BTO) flat when there are two applicants for every one unit, data from the Ministry of National Development indicate. National Develoment Minister Khaw Boon Wan said in his blog post on Sunday that this high rate was because not all who are asked to select flats end up doing so. According to MND, 92 percent of those who applied were able to select one of the 1,728 flats put up on offer at the Bukit Batok and Yishun estates in January. He pointed out that even 84 percent of the second-timers were able to choose a flat. However, as the number of applicants per unit rises, the chances of choosing a flat falls sharply. This table highlights the proportion of applicants who were asked to select a f...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/almost-appl...

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