Application rate for singles for HDB flats down since July 2013: HDB

by mr_yang 3rd January 2016, 9:05 am

SINGAPORE — The application rate for singles for Housing & Development Board (HDB) flats has fallen, HDB said today (Jan 2).

In an update, HDB said that it has "made steady progress in meeting the home ownership aspirations of singles". It added that the rate is now about 7 applicants per flat in November 2014 - the most recent BTO exercise, down from 58 per flat in July 2013, when singles were first allowed to apply for new flats under the Singles Scheme.

November also marked the launch of the first batch of new 2-room Flexi flats, which were first introduced in August under the 2-room Flexi Scheme.

"Since July 2013, we have invited about 11,600 singles to book a 2-room flat in the non-mature estates. As at end Nov 2015, about 7,700 singles had booked a flat, out of which, about 700 singles have collected the keys to their new homes," said HDB.

"HDB has ramped up its 2-room flat supply from 2,600 units in 2013 to about 5,000 units in 2014," it added. "In 2015, HDB has offered about 4,000 units of 2-room Flexi flats to meet the housing needs of singles and low-income families.” CHANNEL NEWSASIA

http://www.todayonline.com/singapore/application-rate-singles-hdb-flats-down-july-2013-hdb