BTO Flats to be Built in 2016

Parliament of Singapore · 13 July 2015

Official Report, 13 July 2015, Vol 93, Issue 20 · Open in the reader (summaries, search, filters)

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Mr Gan Thiam Poh asked 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.

Mr Khaw Boon Wan: 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.

Source: Singapore Parliament Official Report (Hansard) for 13 July 2015. Republished on SGParliament.