Singapore to Launch 3,800 Quick-Turnaround Flats in 2025 Amid Record Housing Supply

HomeNews

Singapore to Launch 3,800 Quick-Turnaround Flats in 2025 Amid Record Housing Supply

Largest-ever Sale of Balance Flats (SBF) exercise scheduled for February

my-portfolio

The Singapore government remains on track to deliver 102,300 Build-To-Order (BTO) flats between 2021 and 2025, with a significant offering of 3,800 fl

Customer Complains About Small Portion and Thin Chicken Strips in S$6.30 Dish
JB Mall Toilets Still Lacking Improvements After Eight Years, Claims Visitor
Singaporean Student Expresses Deep Anxiety Over Job Prospects

The Singapore government remains on track to deliver 102,300 Build-To-Order (BTO) flats between 2021 and 2025, with a significant offering of 3,800 flats featuring shorter wait times scheduled for 2025. These flats, announced by Minister for National Development Desmond Lee, will have waiting periods of under three years.

This figure represents an increase from the 2,876 shorter waiting-time flats launched in 2024 and surpasses the annual goal of 2,000 to 3,000 such units.

2025 Housing Pipeline: 25,000 Flats in Total
In total, 25,000 new flats are slated for launch in 2025. This includes approximately 19,600 BTO flats across three sales exercises and over 5,500 units under a single Sale of Balance Flats (SBF) exercise.

Minister Lee confirmed that with the planned release of these flats, the government will exceed its target of 100,000 new flats for the 2021-2025 period. The Housing Development Board (HDB) also aims to maintain a steady pipeline, projecting over 50,000 flats to be launched between 2025 and 2027 to meet growing housing demand.

February 2025: Record-Breaking SBF Exercise
The February 2025 sales exercise will feature over 10,000 flats across BTO and SBF schemes. Around 5,000 BTO flats will be launched in locations such as Kallang/Whampoa, Queenstown, Woodlands, and Yishun.

Simultaneously, HDB will conduct its largest-ever SBF exercise, offering more than 5,500 units in various towns and estates. This milestone sale underscores HDB’s commitment to addressing housing needs with diverse and accessible options.

The initiatives reflect ongoing efforts to provide affordable and timely housing options, ensuring adequate supply for Singaporeans in the coming years.

COMMENTS

WORDPRESS: 0
DISQUS: 1