Outcome of HDB BTO Flat Applications from First-timer Families and First-timer Singles in Last 10 Years

Parliament of Singapore · 11 January 2022

Official Report, 11 January 2022, Vol 95, Issue 45 · Open in the reader (summaries, search, filters)

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Mr Chua Kheng Wee Louis asked the Minister for National Development in each of the last 10 years (a) what is the overall number of HDB BTO flat applications from first-timer families and first-timer singles; and (b) what is the number of BTO flats allocated to first-timer families and first-timer singles.

Mr Desmond Lee: Table 1 shows the numbers of BTO flat applications from unique first-timer families and first-timer singles, and the number of these applicants who had been invited to book a flat from 2011 to 2020.

The ratio of BTO flat applications to flat booking invitations for first-timer families has increased in recent years due to strong demand for public housing. There are various reasons for this, such as an increase in family formation rates and social trends toward more nuclear families over three-generation families.

To meet the strong housing demand, we will be increasing the BTO supply to up to 23,000 each year in 2022 and 2023, and are prepared to launch up to 100,000 flats in total from 2021 to 2025, subject to prevailing demand.

Source: Singapore Parliament Official Report (Hansard) for 11 January 2022. Republished on SGParliament.