5-room flats in Yishun’s Chencharu enjoy firm traction

Central. These include Junction 8 mall, the Bishan MRT interchange and bus interchange, and the “Bishan 2.0” masterplan to revitalise the town centre.

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However, interest in the only Plus project in Ang Mo Kio was muted, with an application rate of 1.4, noted Propnex’s Mr Fong.

“Perhaps some prospective buyers are unconvinced that the project justifies a Plus classification - and hence subject to stricter conditions — given that it is some way from the MRT station... and has few amenities in the immediate surroundings,” he said.

Among larger Standard flats, those in Yishun’s Chencharu area saw firm traction.

Chencharu Grove’s five-room units saw first-timer application rates of 3.4.