About 3,300 flats with shorter waiting times to be launched for sale in October BTO exercise

SINGAPORE - About 3,300 Build-to-Order (BTO) flats with significantly reduced waiting times of less than three years will be made available in the upcoming October sales exercise, offering much-needed relief to hopeful homeowners.

The Housing and Development Board (HDB) announced that 3,294 units with shorter waiting periods will be launched across four new projects in Bedok, Sengkang, and Yishun. This represents a strategic effort to address the persistent challenge of lengthy waiting times for public housing in Singapore.

Families and individuals who have been on the waiting list will welcome this development, as these flats are expected to be ready for occupation much faster than typical BTO projects. The initiative aligns with the government's ongoing commitment to making housing more accessible and affordable for Singaporeans.

"This is good news for many Singaporeans who dream of owning their own home," said HDB officials. "By accelerating the construction timeline, we're helping people settle into their new homes sooner."

The four BTO projects will feature a mix of flat types to accommodate different household sizes and needs. Potential buyers are encouraged to monitor the HDB website for detailed information on the October launch, including application details and eligibility criteria.

For many Singaporeans, BTO flats represent a pathway to homeownership, and these faster-moving projects could significantly reduce the stress and uncertainty associated with the waiting process. The government continues to balance housing demand with supply to ensure sustainable urban development.

Reporting by Channel News Asia. For the complete article, please visit the original source.