3,300 BTO flats with shorter wait times of less than three years to be launched in Oct
About 3,300 flats with waiting times of less than three years will be offered in October's Build-to-Order sales exercise. This will bring the total number of such flats launched this year to 4,690 units, exceeding the Housing and Development Board's earlier commitment of 4,500. One analyst said this could divert demand from the resale market and potentially help to stabilise prices. Nasyrah Rohim reports.
About 3,300 flats with waiting times of less than three years will be offered in October's Build-to-Order sales exercise. This will bring the total number of such flats launched this year to 4,690 units, exceeding the Housing and Development Board's earlier commitment of 4,500. One analyst said this could divert demand from the resale market and potentially help to stabilise prices. Nasyrah Rohim reports.