Written Answer by Ministry of National Development on number of BTO flats to be built next year
Jul 13, 2015
Mr Gan Thiam Poh: To ask the Minister for National Development what will be the total number of BTO flats to be built next year with a breakdown of these flats by flat types.
Answer:
After a significant ramp up in BTO supply, we have cleared the first-timer demand backlog, and the resale market is moderating nicely. This has allowed us to start tapering our BTO supply last year. This year, we have settled on a BTO supply of about 15,000 flats. We are studying the BTO supply for 2016 and will announce the details when ready.