26 Mr Chua Kheng Wee Louis asked the Minister for National Development since the introduction of Build-To-Order (BTO) flats with shorter waiting times in 2018 (a) what is (i) the number of such flats that are launched in each year and (ii) the proportion of such flats versus the total number of BTO flats launched in each year; and (b) what is the expected proportion of shorter waiting time for BTO flats as a percentage of launches from 2023 to 2025.
Mr Desmond Lee: Since 2018, the Housing and Development Board (HDB) has offered close to 11,000 Build-To-Order (BTO) flats with shorter waiting times of less than three years. The number and proportion of such flats launched each year are tabulated in Table 1.
BTO flats with shorter waiting times are achieved primarily by starting construction works before the BTO projects are launched for sale, often about one year ahead.
To meet strong housing demand in the near-term, HDB will be launching up to 23,000 flats in 2023, with a total of up to 100,000 new flats from 2021 to 2025 if needed. Where possible, HDB will launch BTO projects with shorter waiting times. Details on flats with shorter waiting times in our sales launches will be announced at a later date.
Ministry of National Development
10 January 2023
https://sprs.parl.gov.sg/search/#/sprs3topic?reportid=written-answer-12562
Office of the Leader of the Opposition 