The Business Times

Ministry of National Development

Property
SINGAPORE BUDGET 2026

Budget 2026: HDB to roll out 60-storey BTO blocks in plan to ‘build more, faster, higher’

Pearl’s Hill BTO in Outram will have tallest HDB in Singapore; fresh supply to be injected into Toa Payoh starting with Caldecott BTO

BCA is reviewing the Building (Strata Management) Act, with a focus on maintenance funding, accessibility upgrades in older estates and better estate management.
Property

Budget 2026: ‘Carrots and sticks’ needed in new rules on funding of ageing condo upgrades

Potential changes to the Building (Strata Management) Act include lowering voting thresholds for essential works

The proportion of subsidy is lower than what is offered to HDB residents.
Singapore

Seniors in over 80,000 private homes can tap subsidies for ageing-friendly fittings from April

Eligible households will receive S$1,200 in vouchers to offset 75% of the installation cost for seven types of fittings

Minister for National Development Chee Hong Tat, who was speaking at the Urban Solutions and Sustainability Research and Innovation Congress, says the Built Environment AI Centre of Excellence will bring together research and industry partners to co-develop AI solutions.
Property

MND, SUTD launch S$30 million Built Environment AI Centre of Excellence

Artificial intelligence-driven solutions will be aimed at addressing key challenges in the sector

Institutional and ramped-up housing projects have contributed to the continued uptick in construction demand.
Property

Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat

Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$46 billion per year

Minister for National Development Chee Hong Tat said at a media doorstop on Jan 8 that having a strong supply will make BTO flats more accessible and will help to moderate resale flat prices.
Property
SINGAPORE PROPERTY

HDB set to pump up BTO flat supply further to moderate resale prices: Chee Hong Tat

HDB asked to ‘go beyond’ current target of 55,000 flats from 2025 to 2027 to meet demand

The Jurong Lake District master-developer site will be carved into smaller plots, among which is a new white site in Town Hall Link.
Property

10 new sites, including Jurong Lake District carve-out, up for sale in H1 2026 GLS programme

Supply from the confirmed list consists of 4,575 private homes, including 635 executive condominium units and 22,500 sq m of commercial space

From 2025 to 2027, the government will launch about 55,000 Build-To-Order flats.
Property

MND trims supply of land to 4,500 private housing units for H1 2026 confirmed list

This is 4.8% less than the 4,725 units supplied in H2 2025, and 10.5% lower than the 5,030 units in H1 2025

The enhanced internship programme dubbed Inspire is a good way to strengthen Singapore’s pipeline of architects and engineers, says Redas president Tan Swee Yiow.
Property

Redas calls for stronger push to attract young talent in built-environment sector

The association urges members to step up with internships, mentorships and scholarships amid shortages

MND is working out the details of the compensation package for residents who would be affected by the Voluntary Early Redevelopment Scheme.
Economy & Policy

Vers should not create a lottery effect or become a wealth-generating programme: Chee Hong Tat 

MND is studying details such as the voting process for the scheme and how to support residents across various demographics with relocation options

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