HDB to launch BTO flats with waiting time under 3 years
The public housing authority will continue to recalibrate its building programme to increase the proportion of new flats with wait times of less than three years
HOUSING and Development Board (HDB) will launch 2,085 Build-To-Order (BTO) flats with waiting times of under three years as part of the upcoming October sales exercise.
The public housing authority said on Sunday (Oct 6) the flats with shorter waiting times will be offered across three projects in Bukit Batok and Sengkang.
Almost 70 per cent of these flats are four-room and five-room flats, which are the most popular flat types among families.
Notably, the West BrickVille@Bukit Batok project will be up within two years – one of the shortest wait times ever for a project launched by HDB.
The Fernvale Sails and Fernvale Oasis BTO projects in Sengkang will have a wait time of two years and three months, and two years and nine months, respectively.
These flats are among the 8,500 flats to be offered in the October sales exercise, together with those in areas such as Ang Mo Kio, Bedok, Geylang, Jurong West, Kallang/Whampoa, Pasir Ris and Woodlands.
This year’s BTO flats with less than three years of wait time is almost four times that of last year’s supply.
HDB chief executive Tan Meng Dui said: “This is made possible by HDB working closely with various government agencies to make sites available earlier, and starting construction works many months, or even more than a year, ahead of the project launch.”
HDB said that it will continue to recalibrate its building programme so that flats with wait times of less than three years make up a larger proportion of new flat supply.
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