Factors Affecting Percentage of Rental Units in Each Plus and Prime HDB BTO Development
Parliament of Singapore · 4 March 2025
Official Report, 4 March 2025, Vol 95, Issue 157 · Open in the reader (summaries, search, filters)
Mr Pritam Singh asked the Minister for National Development (a) what percentage of Plus and Prime BTO developments comprise rental units, on average; and (b) how does HDB determine the number of rental units for each Plus or Prime development.
Mr Desmond Lee: Since the new flat classification framework was implemented in October 2024, four in 10 of the Plus and Prime Build-to-Order (BTO) projects launched included public rental flats. These rental flats comprise 5% of all flats across the 10 projects.
The Housing and Development Board (HDB) builds rental flats in these projects to ensure that our neighbourhoods continue to have a good social mix and remain inclusive. In determining whether and how many rental flats to build in a given project, HDB looks at several factors, including the projected demand and supply of rental flats and the geographical spread of rental flats across the island.
Source: Singapore Parliament Official Report (Hansard) for 4 March 2025. Republished on SGParliament.