EVEN as the latest offer of 3,957 Build-To-Order (BTO) flats drew to a close on Thursday, National Development Minister Khaw Boon Wan announced yet another infusion to ramp up supply.
He has asked the Housing Board to look into releasing 1,000 unsold units from earlier sale exercises later this year.
Just last week, he raised the total number of flats on offer this year from 22,000 to 25,000, in a bid to help more young couples own homes as soon as possible.
With the 1,000 now set to be added from the Sale of Balance Flats (SBF) exercise, Singaporeans are looking at a total of 26,000 units to choose from for the whole of this year.
In his latest blog posting titled Within Expectation, Mr Khaw noted that application rates for the latest BTO were 'good and within expectation'.
The six BTO projects, which will be built only after eligible buyers register sufficient interest, are located across four towns - Pasir Ris, Punggol West, Tampines and Woodlands
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_675698.html
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