Four-room flats are listed at $397,000, while five-room flats go for $558,000
SINGAPORE: There were 2,390 applicants for the 129 five-room flats in the Serangoon North Vista BTO project, meaning there were 13 applicants per five-room flat. The project’s four-room flats were nearly as much in demand, with nine applicants for each flat.The project has a total of 330 flats, and the number of applicants is a likely indication of the demand for Singapore to offer bigger dwellings for its residents.
Additionally, the 2014 BTO only involved 150 studio apartments, which hardly made it attractive to young families.
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