May 2014 BTO news: Fewer first-timer applicants than flats - TopicsExpress

May 2014 BTO news: Fewer first-timer applicants than flats available to them in the latest exercise offering units in Woodlands and Bukit Batok. Supply is finally catching up with demand, said PropNex Mohamed Ismail, with other analysts adding that the low take-up for the latest exercise is not surprising given that some buyers would have been drawn to the concurrent Sale of Balance Flat exercise. The last time the first-timer subscription rate fell below 1 was in the 2013 May BTO exercise in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands.

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