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More two-room build-to-order (BTO) flats will be offered in the non-mature towns of Choa Chu Kang, Tengah and Woodlands.
This comes as 15,700 singles secured homes following a 2013 rule change which allowed singles aged 35 and above to buy new flats as first-time applicants. Of the lot, about 7,700 have collected the keys to their new homes.
Among the buyers were elderly citizens, aged 55 and above, who qualify to buy a flat under the Housing Boards’s two-room Flexi Scheme. The scheme in general caters to families, singles and the elderly. Purchase and ownership conditions vary.
Real estate related news stories from Singapore
- SPH to buy 5 aged care assets in Japan for 5.26b yen
- Singapore is Reit hub with most foreign IPOs
- More singles securing HDB flats after 2013 rule change
- Chart of the Day: Here are the priciest strata office deals in 2019
- Dividend yields for Singapore banks climb above 5%, but is this the right time to buy?
Must-read if you live in Singapore
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- The best hiking trails and spots in Singapore
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Previous news selection
Singapore 2020 Budget 'fit for the times'
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About Agent.sg Daily Property News Selection
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