Mr Chua Kheng Wee Louis asked the Minister for National Development in view of the overwhelming demand from first-time single home buyers in the recent October 2024 HDB BTO exercise, what is the projected number of HDB BTO units to be launched from 2025 onwards which eligible singles can apply for.
Mr Desmond Lee: Under the New Flat Classification Framework which applies to sales from October 2024 onwards, eligible first-timer singles can apply for new 2-room flexi flats island-wide. Previously, they were limited to applying for new flats in the non-mature estates.
To meet this demand, the Housing and Development Board (HDB) is increasing the supply of 2-room flexi Build-To-Order (BTO) flats. From 2024 to 2026, HDB will launch up to 14,000 2-room flexi BTO flats island-wide. This is more than a 50% increase from the 9,000 units launched in the non-mature estates from 2020 to 2023. We are prepared to continue putting out a strong pipeline of flats to meet demand.
In February 2025, HDB will offer about 5,000 BTO flats across five projects. HDB will also hold the largest-ever Sale of Balance Flats exercise with more than 5,500 flats across various towns or estates.
Ministry of National Development
11 November 2024
https://sprs.parl.gov.sg/search/#/sprs3topic?reportid=written-answer-na-18137
Office of the Leader of the Opposition 