Agent.sg / Property news / 15,700 singles bought HDB flats in non-mature estates since rule change in 2013

15,700 singles bought HDB flats in non-mature estates since rule change in 2013

Fresh property news selection on February 24. 2020, Monday.

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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.

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