[Levin]

Michelle Ng
PUBLISHED 4 HOURS AGO

SINGAPORE - Up to 23,000 Build-To-Order (BTO) flats will be launched each year in 2022 and 2023 to meet the strong demand for public housing, said the Housing Board on Thursday (Dec 16).

This represents a 35 per cent increase every year in the number of flats available, from the 17,000 flats launched this year, said HDB.

Next year, home buyers can tap BTO flats across mature and non-mature towns such as Bukit Merah, Jurong West, Kallang Whampoa, Queenstown, Tengah, Toa Payoh and Yishun.


https://www.straitstimes.com/singapore/h...-two-years

[starbugs]

Somehow I think HDB is missing the point. Yes, increasing supply will dampen price over medium term, but the current resale market is more directly impact by the delays to the new BTOs. Want to solve the immediate issue of price increases, tackle the delays first.

[Levin]

For the first half of 2022, there will be around 2,800 units on the Confirmed List, a 40 per cent increase from the previous GLS programme in the second half of 2021.

These include land parcels in Pine Grove, Dunman Road, Lentor Central, Lentor Hills Road for private developments and an executive condominium (EC) land parcel in Bukit Batok West Avenue 5.

I think the one at Dunman Road will have great demand. Good location near city. Near Dakota MRT. 

It is also right next to a park connector that can allow walking/cycling/blading all the way to Gardens By The Bay (and furthest to Alexandra Linear Park if desired or turn north instead at Indoor Stadium and go Toa Payoh or Potong Pasir etc). 

If want to experience a different vibe from normal HDB towns, can go Katong and East Coast to jalan. 

Nearest shopping area will be Paya Lebar with 3 malls (Paya Lebar Square, Singpost, PLQ). If one does not mind walking a tiny bit, there are another additional 3 malls (Tanjong Katong Complex, Kinex and City Plaza) south of that area.

For food and groceries, there's Old Airport Food Centre (need to walk a bit) and a small NTUC Fairprice west of the food centre. There's also a market further west.

And there's a public swimming pool nearby at Mountbatten (via park connector).

[FangFang]

It is a good news and can start to make a plan.

[debono]

Somehow I think HDB is missing the point. Yes, increasing supply will dampen price over medium term, but the current resale market is more directly impact by the delays to the new BTOs. Want to solve the immediate issue of price increases, tackle the delays first.

Quite true, the BTO flats are being delayed in part, by the Covid-19 pandemic... therefore many households have no choice by to wait longer to get their flats......

[fayetan702]

Michelle Ng
PUBLISHED 4 HOURS AGO

SINGAPORE - Up to 23,000 Build-To-Order (BTO) flats will be launched each year in 2022 and 2023 to meet the strong demand for public housing, said the Housing Board on Thursday (Dec 16).

This represents a 35 per cent increase every year in the number of flats available, from the 17,000 flats launched this year, said HDB.

Next year, home buyers can tap BTO flats across mature and non-mature towns such as Bukit Merah, Jurong West, Kallang Whampoa, Queenstown, Tengah, Toa Payoh and Yishun.


https://www.straitstimes.com/singapore/h...-two-years

Does this mean more listings? Will there be more buy and sell property in Singapore? 

[singlon]

It is a miracle can still build that much.
It is now urgent to move into Credit score system as practised in China.