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In a recent announcement, the government unveiled a significant shift in the Build-to-Order (BTO) housing landscape that will come into effect in the second half of 2024. This development aims to revolutionise the way BTO projects are classified, shifting the focus away from whether they are located in mature or non-mature estates. Instead, they will be categorised under Standard, Plus,...

SINGAPORE — The Housing Board will launch up to 14,000 two-room flexi Build-To-Order (BTO) flats over the next three years to meet demand from singles and the elderly, said National Development Minister Desmond Lee. This is an increase of about 30 per cent from 2021 to 2023, he told Parliament on Monday (Sept 18). Mr Lee was responding to Mr...

SINGAPORE - National Development Minister Desmond Lee on Thursday announced various measures to help first-timer applicants secure their first home more quickly during the debate on his ministry’s budget. A new category has been created for first-timer families with Singaporean children aged 18 and below as well as married couples aged 40 and below, who will get more support when...

SINGAPORE — First-timer applicants who do not select a Build-To-Order (BTO) flat when invited to do so will be considered second-timers in subsequent flat applications for a year, starting from the August sales exercise. The tightening of the rule is meant to reduce the number of people who decline to pick a flat and ensure more efficient allocation, so that...

Last month, HDB announced it’s increasing the quota for first-timer families and singles applying for a BTO flat in non-mature estates. The increase is due to the strong demand for housing among first-timers. The change took effect from the August 2022 BTO exercise onwards. For first-timer singles, up to 65 per cent of the non-senior 2-room Flexi flats will be...