Thursday, January 17, 2008

Nearly 3,500 Applications Received For City View@Boon Keng

Source : Channel NewsAsia, 16 January 2008

Singapore's second public housing apartments designed by a private developer – City View@Boon Keng – received some 3,500 applications.


That is four times the number of units available for sale.

Developed as part of the Housing and Development Board's Design, Build and Sell Scheme (DBSS), the 714 apartments are priced at S$520 per square foot.

City View's developer, Hoi Hup, said the applications will be put to a ballot and successful applicants will be notified next month.

The first project under the DBSS is in Tampines. It was launched four years ago and was oversubscribed by ten times. - CNA/so

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