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Strong demand for 4-room BTO flats in Telok Blangah
28 first-time applicants competing for each unit in the mature estate despite high prices
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Prices for Telok Blangah Beacon's four-room flats, which are within walking distance of Telok Blangah MRT station, range from $602,000 to $710,000.
PHOTO: HDB
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Home seekers made a rush for the four-room Build-To-Order (BTO) flats in Telok Blangah, the most expensive in the Housing Board's sales exercise last month, contributing to one of the highest application rates in recent years.
Located in the mature estate of Bukit Merah, the 70 such flats on offer in the Telok Blangah Beacon project attracted 3,124 applicants as at 5pm yesterday.
