Bigger HDB BTO flats: Clawback needed on first resale proceeds?

THE HDB is on track to launch up to 23,000 new flats in 2022.  Still, it can be challenging for first-time applicants to secure a built-to-order (BTO) flat, especially a larger unit.

In the May BTO exercise, the application rate among the non-elderly first-time applicants was the highest for the 4-room and 5-room flats at Yishun Beacon, with application rates of 9.4 times each as at Jun 2, 2022.  The 4-room and 5-room flats at this project have an estimated floor area of 93 square metres (sq m) and 113 sq m respectively.

At Lakeside View in Jurong West, the application rate among non-elderly first-timers was 2.4 times, 5.3 times and 9.1 times for 3-room, 4-room and 5-room flats respectively.