Strong demand for four-room flats at Rochor BTO projects under prime housing model
Need concerning four-room apartments in the initial Build-To-Order projects under a new prime location public housing type have been good, by having this sort of apartments earning two times the quantity of appliers than units available at most a day following their opening on 17November, presented Today.
However, request for the three-room apartments continues to be low-key. According to Housing and Development Board, the registration pace as of 1400hrs on 22November for 3 bedroom units was at Zero point Eight for 1st time individual, 28.9 concerning second-timers, as well as 2.2 concerning the whole pace.
On the other hand, currently there were Five thousand Four hundred Fourteen candidates competing for the 680 four-room units at the Rochor Build to Order programs– River Peaks I and II– with a registration level of Four point One intended for first-timers as well as 80.5 with regard to second-timers, as well as Eight point Zero with regard to the entire rate.
Being the initial programs within the PLH type, the apartments come along with more stringent possession standards to manage apartments among key vicinities cost effective and convenient to S’poreans.
Apartments beneath this particular type come with a longer minimum occupancy period of time of 10 years, instead of the regular 5 yrs.
Owners of such flats are generally similarly restricted from renting out the whole apartment even when you finish one decade.
The sturdy need intended for 4 bedroom apartments was driven by second-time individuals. Repeatedly, with the 3 rooms apartments, 2nd time customers accounted for most of the attention.
Besides the Rochor programs, currently there were furthermore 7 Build-To-Order projects released inside non-mature estates Hougang, CCK, Tengah also Jurong W. alongside in mature community Kallang Whampoa.