APPLICATIONS are pouring in for the HDB's sales exercise for 2,132 flats in 24 estates across the island.

The homes, launched under its new Sales of Balance Flats scheme last Thursday, have attracted 12,728 bids as of the latest update at 5pm yesterday - about six times oversubscribed.

Analysts say applications could hit 20,000 when the process closes next Wednesday, making 10 bids for every available flat.

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