95% of new BTO flats set aside for first-timers

And they’re said to be going at prices around 14% to 35% cheaper than similar resale flats in their areas.

Reacting to this development, PropNex Corporate Communications Manager Mr Adam Tan said, “The Government has certainly responded to the public’s demand for affordable housing, especially for first-time buyers. This is especially so, given that at least 95% of the units, or 3,759 flats, will be set aside for these first-timers.”

The Build-To-Order projects are spread out over Punggol, Pasir Ris, Tampines, and Woodlands estates. Mr Tan explained all the estates are well-developed and should see a huge take-up rate from potential buyers.

Based on previous BTO launches, he expects the overall oversubscription rate to be around four times, with demand still high from first-timers.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia