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by OrangeTee & Tie Pte Ltd.

Demand for BTO flats in Dover Forest expected to be high

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Singapore, 02 Aug 2021

The upcoming BTO flats in Dover Forest are expected to receive robust demand, amid the increased demand for such flats in mature estates.

“Recent studies have shown that the application rates at mature estates have increased over the years and the trend indicates that many young people aspire to live in mature estates,” said OrangeTee & Tie’s Senior Vice-President of Research and Analytics Christine Sun.

She attributed the hike in application rates to various reasons such as the need to be close to their parents, the convenience of working downtown or because almost all million-dollar flats are situated within mature estates, “hence some could be hoping to sell their flats at such a high price in the future”.

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