By Jessica Cheam

MODERATE sales at two Housing Board projects launched last year suggest that first-time home buyers still have plenty of choice despite the high demand for flats in some areas.

The take-up rate at Punggol Breeze was 69 per cent while only 55 per cent of applicants selected flats at Fernvale Residence in Sengkang, according to new HDB data released to The Straits Times this week.

Some home seekers turned down a chance to buy as the waiting time for the build-to-order (BTO) projects - three to four years - was just too long.

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