Strong demand for four-room flats at Rochor BTO projects under prime housing model - Midwood™ Condo @ Hillview Rise (Updated - 2022)

Strong demand for four-room flats at Rochor BTO projects under prime housing model

Demand concerning four-room flats in the 1st Build-To-Order campaigns for a new PLH style have been good, with this kind of apartments receiving two times the quantity of customers than units offered just a day following their opening on 17November, presented Today.

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Nevertheless, request for the three-room units lingers silent. Depending on to Housing and Development Board, the document rate since 1400hrs on 22 November for three bed rooms apartments was at Zero point Eight for first time customer, Twenty Eight point Nine concerning second-timers, as well as 2.2 concerning the entire pace.

Alternatively, presently there were 5thousand 4hundred 14 applicants competing to get the 680 four-room flats at the Rochor Build-To-Order projects– River Peaks I plus II– with a registration pace of Four point One intended for first-timers and even Eighty point Five with regard to 2nd timers, and also Eight point Zero with regard to the general speed.

Happening to be the initial properties for the PLH type, the flats come along with more stringent possession requirements to manage flats among key regions inexpensive and also accessed to Singaporeans.

Flats within this specific style involved an extended minimal residence duration of 1 decade, rather than the normal five years.

Homeowners of this kind of flats are additionally prohibited from renting the whole unit even when you finish one decade.

The robust interest for 4 rooms apartments was generated by second-time customers. Once more, with the three-room flats, 2nd time customers took into account most of the attraction.

Besides the Rochor properties, there were at the same time 7 Build to Order properties released inside non-mature estates Hougang, CCK, Tengah and Jurong West including in mature community Kallang Whampoa.

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