Try GOLD - Free
Tampines, Toa Payoh BTO flats are the most popular picks for first-timers in July's launch
The Straits Times
|July 31, 2025
Flats in Tampines and Toa Payoh were the most popular among first-time home buyers in the latest Build-To-Order (BTO) sales exercise.
For three-room and larger BTO flats, there was a median of 1.4 first-timer families applying for each unit, according to Housing Board figures as at 5pm on July 30.
National Development Minister Chee Hong Tat said in a Facebook post that the first-timer family application rate in the latest exercise was slightly higher than the 1.1 in February's exercise.
But the rate was lower than that of the three sales launches in 2024, which ranged from 1.6 to 2.6, he added.
Mr Chee said that as at 5pm, there were about 22,000 BTO applications, higher than the 13,200 applications received in the February sales exercise.
Applications show that the most popular units were the four- and five-room flats at Simei Symphony in Tampines. The project had nearly eight first-time applicants vying for each of the 100 five-room flats, and more than six first-timers for each of the 140 four-room units.
Simei Symphony, located in Simei Road and Upper Changi Road East, is among four Standard projects on offer in July.
Flats in these projects will not have additional restrictions upon resale, and come with a minimum occupation period (MOP) of five years instead of the 10 years for Plus and Prime projects.
Mr Lee Sze Teck, senior director of data analytics at real estate firm Huttons Asia, said there was pent-up demand for the Simei BTO project as it is the first public housing project in the area in more than 10 years.
He added that the firm demand for five-room flats as well as the project's proximity to Upper Changi MRT station could have contributed to high application rates. The Singapore University of Technology and Design, Singapore Expo and Changi Business Park are also located near the development.
This story is from the July 31, 2025 edition of The Straits Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Straits Times
The Straits Times
FRECKLE FEUD
Netizens were divided after a beauty influencer got freckles tattooed on her face, with naysayers saying she went too far
2 mins
November 07, 2025
The Straits Times
Maresca criticises Blues’ silly defending
Enzo Maresca slammed Chelsea’s “silly” defending after Alejandro Garnacho rescued a 2-2 draw against Qarabag in the Champions League on Nov 5.
1 mins
November 07, 2025
The Straits Times
Meet the man who makes Chanel sparkle
The brand's fashion president Bruno Pavlovsky talks about a fresh chapter marked by the arrival of its new creative director
4 mins
November 07, 2025
The Straits Times
Coliwoo closes at 58.5 cents in SGX debut, 2.5% below IPO price
Shares of co-living operator Coliwoo fell 2.5 per cent below their initial public offering (IPO) price on their first day of trading on the Singapore Exchange.
1 mins
November 07, 2025
The Straits Times
80 people, 20 teams lauded at Healthcare Humanity Awards
They include retiree who helped a woman get back on her feet after years of isolation
3 mins
November 07, 2025
The Straits Times
KPop Demon Hunters 2 deal signed, set for 2029 release: Reports
Blockbuster animated film KPop Demon Hunters (2025) could be making a return in 2029.
1 min
November 07, 2025
The Straits Times
Govt considers basement dining room of the house ‘less private’ than other parts of property
Spaces in 38 Oxley Road that have been documented in different forms of media, including the historically significant basement dining room, are considered “less private” by the Government, Acting Minister for Culture, Community and Youth David Neo said on Nov 6.
5 mins
November 07, 2025
The Straits Times
7-Eleven aims to redefine convenience in S’pore with store revamps
Move reflects its strategy to evolve beyond essentials and tap into lifestyle spending
3 mins
November 07, 2025
The Straits Times
Can AI help us understand ‘skibidi toilet’?
Gen Alpha’s language seems designed to confuse both parents and machines — and for now, it’s winning.
3 mins
November 07, 2025
The Straits Times
Yeo, Loh up for gold challenge at SEA Games
Battle-hardened by numerous major Games and hundreds of matches on the Badminton World Federation (BWF) World Tour, Loh Kean Yew and Yeo Jia Min are no longer the shy teenagers they were during their SEA Games debuts in 2015 and 2017 respectively.
3 mins
November 07, 2025
Listen
Translate
Change font size
