Desmond Lee on BTO projects amid construction delays
The Government has adjusted its supply of public housing flats to meet demand, which remains strong, said National Development Minister Desmond Lee. Replying to questions from MPs in Parliament on Tuesday (Oct 5), he said the supply of Build-to-Order (BTO) flats will be increased further to more than 17,000 units next year. Addressing concerns on possible longer waiting times for BTO flats caused by delays in construction amid the pandemic, Mr Lee said barring any further unexpected developments, most buyers can expect to move in within four to five years after booking their flats. The total wait time for any given project has been kept under six years. So far, Government support has helped to keep pandemic-induced delays to a year or less, except for one project which faced difficulties unrelated to the pandemic.
The Government has adjusted its supply of public housing flats to meet demand, which remains strong, said National Development Minister Desmond Lee. Replying to questions from MPs in Parliament on Tuesday (Oct 5), he said the supply of Build-to-Order (BTO) flats will be increased further to more than 17,000 units next year. Addressing concerns on possible longer waiting times for BTO flats caused by delays in construction amid the pandemic, Mr Lee said barring any further unexpected developments, most buyers can expect to move in within four to five years after booking their flats. The total wait time for any given project has been kept under six years. So far, Government support has helped to keep pandemic-induced delays to a year or less, except for one project which faced difficulties unrelated to the pandemic.
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