26-07-2021, 09:32 PM
More than 17,000 BTO units to be launched in 2022, higher than this year's supply: Desmond Lee
SINGAPORE: The number of Build-to-Order (BTO) flats planned for 2022 will “certainly” be higher than the 17,000 units that are set to be launched this year, said National Development Minister Desmond Lee in Parliament on Monday (Jul 26).
He was responding to a question from Member of Parliament Gan Thiam Poh (PAP-Ang Mo Kio) who asked if the Housing and Development Board (HDB) can increase the supply of BTO flats in the next three years to make up for the construction delays due to COVID-19.
Mr Lee said BTO launches have been ramped up over the years to meet the needs of young families including "echo boomers" or the children of baby boomers.
HDB is on track to launch 17,000 flats this year, which is higher than the 16,800 flats launched in 2020 and 14,600 units in 2019, he said.
SINGAPORE: The number of Build-to-Order (BTO) flats planned for 2022 will “certainly” be higher than the 17,000 units that are set to be launched this year, said National Development Minister Desmond Lee in Parliament on Monday (Jul 26).
He was responding to a question from Member of Parliament Gan Thiam Poh (PAP-Ang Mo Kio) who asked if the Housing and Development Board (HDB) can increase the supply of BTO flats in the next three years to make up for the construction delays due to COVID-19.
Mr Lee said BTO launches have been ramped up over the years to meet the needs of young families including "echo boomers" or the children of baby boomers.
HDB is on track to launch 17,000 flats this year, which is higher than the 16,800 flats launched in 2020 and 14,600 units in 2019, he said.
