HDB Supply

5,000 more BTO flats in pipeline

Three-year wait likely, so couples in a hurry will have to resort to resale market AS MORE flats come on stream under the Housing and Development Board’s (HDB) build-to-order (BTO) scheme, the board says such units will be its main source of supply in future, and would-be home buyers would have to factor in a three-year wait. This is because construction work on a project under the scheme will only...

Shortage of new HDB flats?

Young couples must be realistic, says Mah  AMID concern that young couples are being priced out of the public housing resale market, National Development Minister Mah Bow Tan said the Government spent, on average, $1.4 billion a year over the last five years on its commitment to keep housing affordable - and has allocated a further $1.6 billion this coming financial year. Last year, demand for public...

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