BTO flats launch in May deferred, subsequent launches likely to be affected

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SINGAPORE - The sales exercise for Build-To-Order (BTO) flats in May will be deferred until further notice, said the Housing Board (HDB) last Friday (April 24).. Read more at straitstimes.com.

SINGAPORE - The sales exercise for Build-To-Order flats in May will be deferred until further notice, said the Housing Board .

The HDB typically holds four sales exercises for new flats each year in February, May, August and November. She added that it was unlikely that HDB would offer a new batch of flats within two month of a launch. He said:"The most important thing is to satisfy the housing needs of the majority. HDB will likely see what the application rate is at the next launch before deciding on the next steps."

But Mr Ng, whose income has been affected due to the Covid-19 outbreak, said he was not in a rush to get a flat and would prefer to take a more cautious approach.

 

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