The Big Story: BTO applications hit four-year high. What's driving the rush?

 

Singapore's latest BTO exercise has attracted more than 35,600 applicants for fewer than 8,000 flats, marking the highest application numbers in over four years.

4-room flats in Toa Payoh and Tengah proved particularly popular, while some units in Sembawang were undersubscribed.

What is driving the surge in demand, and are Singaporeans becoming more selective about where they want to live?

On The Big Story, Hongbin Jeong speaks to Christine Sun, Chief Researcher and Strategist, Realion (OrangeTee & ETC) Group, about the growing competition for popular locations, HDB's plans to ramp up flat supply and the sustainability of its multi-billion-dollar housing deficit.