SINGAPORE, Aug 27 — To meet higher demand from first-time applicants for Build-To-Order flats, the Government will be increasing the ratio of flats in BTO launches for these aspiring homeowners.
At least 85 per cent of the three-room BTO flat supply and 95 per cent of the four-room and larger flat supply in non-mature estates will be set aside for them.Up to 65 per cent of the non-senior two-room Flexi flats in non-mature estates will be set aside for them, an increase from up to 50 per cent currently.
They cited how for example, in Nov 2009, the Government increased the BTO allocation quota for first-time family applicants to meet demand amidst tight housing supply during the period. There were 4.1 first-time family applicants per BTO flat in 2021, compared with 2.2 in 2018, signalling robust demand for housing among this group, said MND and HDB.
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