More Bidadari flats to be launched after successful November sales exercise

·Singapore Business Review

Close to 1,600 units will be launched in February.

The Ministry of National Development (MND) will release more Bidadari flats for sale after the strong interest that these properties garnered during the November BTO sale exercise.

According to a blog post by Minister for National Development Lawrence Wong, some 1,600 Bidadari units will be launched for sale in the February 2016 BTO exercise.

“Flats in Bidadari flats received some of the highest application rates, despite their higher prices. This can be attributed to their central location, presence of two MRT stations and distinctive “Community in the Garden” concept,” he wrote.

He added that during the November sales exercise, about one-quarter of Bidadari applicants applied through the Married Child Priority Scheme to live with or near their parents or married child, in this case staying in Toa Payoh or Potong Pasir towns.

“This is an example of how we provide more opportunities for families to live closer together for mutual care and support,” he said.



More From Singapore Business Review

Advertisement