Toa Payoh, Tengah BTO projects see highest demand so far in November sales exercise
A day into HDB's November Build-to-Order (BTO) sales exercise, the Toa Payoh and Tengah projects are the most oversubscribed as at 12pm on Wednesday (Nov 5).A total of 13,363 applicants have applied for the 7,964 flats up for sale across seven projects in Bedok, Geylang, Sembawang, Tengah, Toa Payoh and Yishun.This exercise, the first since monthly household income ceiling was raised to $16,000 for families from $14,000, and $8,000 for singles from $7,000, will close on Nov 11.Standard project Sembawang Anchor has shorter waiting times of below three years, but is currently the only project with lesser applicants than flats available.Tengah and Toa PayohThe median application rate for first-timer singles across the six projects offering two-room Flexi flats is 3.1, the highest compared to senior and family applicants.At Tengah's Plantation Dew (Standard), 652 applicants are vying for the 178 2-room flats.
