Alkaff Oasis – the second lot of public housing in the upcoming Bidadari estate – is also attractive because of its proximity to established schools such as Cedar Girls’ Secondary School, said R’ST Research director Ong Kah Seng.
He said: “Flats in Bidadari are appreciated by aspiration-driven flat applicants who see it as akin to… upmarket flats in mature estates like Bishan and Queenstown.”
ERA Realty key executive officer Eugene Lim, however, said some young couples might prefer flats in Sengkang and Bukit Batok as they are less pricey.
Prices before grants for five-room flats start from $546,000 in Bidadari, $367,000 in Bukit Batok and $324,000 in Sengkang.
With grants, a two-room flexi flat in Sengkang could go for as little as $4,000 – the cheapest in this sales exercise.
While two-room flats are open to all eligible applicants, they can also now come with a shorter lease for applicants aged 55 and up.
Among the two-room flexi flats on offer, those in Sengkang were the most sought after as of yesterday, with 345 applicants vying for 448 units.
The application rate for these flats was highest among singles, rather than older buyers eyeing a shorter lease.