{"id":123840,"date":"2021-12-16T05:37:50","date_gmt":"2021-12-15T22:37:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-launch-up-to-23000-new-bto-flats-per-year-over-next-two-years\/"},"modified":"2021-12-16T14:29:34","modified_gmt":"2021-12-16T07:29:34","slug":"hdb-to-launch-up-to-23000-new-bto-flats-per-year-over-next-two-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-launch-up-to-23000-new-bto-flats-per-year-over-next-two-years\/","title":{"rendered":"HDB to launch up to 23,000 new BTO flats per year over next two years"},"content":{"rendered":"


\nSeparately,\u00a0the government has also released five confirmed list sites and eight reserve list sites\u00a0for\u00a0the\u00a01H 2022 GLS programme.
\nTo meet \u201cstrong\u201d housing demand, the Housing and Development Board (HDB) will launch up to 23,000 new Build-To-Order (BTO) flats annually over the next two years, reported Channel News Asia (CNA).
\nThis marks a 35% yearly increase from the 17,100 units launched this year.
\nHDB shared that the new launches in 2022 and 2023 will be spread across mature and non-mature towns, such as Bukit Merah, Kallang Whampoa, Jurong West, Tengah, Queenstown, Yishun and Toa Payoh.
\nRelated article:\u00a0Feb 2022 HDB BTO Launch Review: Geylang, Kallang\/Whampoa, Yishun, and Tengah
\n\u201cThe increased supply of flats will provide more housing options for young couples planning to start their marriage and parenthood journey, as well as for second-timer families, multi-generation families, the elderly, and singles,\u201d it said.
\nHDB added that it is prepared to \u201claunch up to 100,000 flats from 2021 to 2025, if needed, subject to prevailing demand\u201d.
\nIt noted that demand for public housing has significantly increased in recent years, with BTO application rates increasing to 5.5 times in 2021 from 3.7 times in 2019.
\nHDB attributed the hike to the rising number of marriages and the rising trend of smaller households. The buoyant resale market and pandemic related factors also boosted demand for BTO flats.
\nWith this, HDB assured that it will continue to watch the construction of current BTO projects to ensure that they will be delivered on time.
\n\u201cWe will continue to develop new housing areas in the future and ensure that public housing remains affordable and accessible for Singaporeans,\u201d it said.
\nSeparately, the Ministry of National Development (MND) announced that the Government Land Sales (GLS) programme for the first half of next year will feature five confirmed list sites as well as eight reserve list sites.
\nIt revealed that the sites could yield around 6,500 private housing units, 530 hotel rooms and 90,000 sq m of gross floor area (GFA) of commercial space.
\nThe confirmed list will have five private residential sites, which include an executive condominium site. They are located in Pine Grove, Dunman Road, Lentor Central, Lentor Hills Road and Bukit Batok West Avenue 5.
\nThese sites can yield around 2,785 private housing units, including 495 EC units.
\nThe reserve list, on the other hand, comprises five private residential sites, including two white sites in Woodlands Avenue 2 and Kampong Bugis, an EC site located at Tampines Street 62, and a hotel site. Overall, the sites could yield 3,715 private homes, including 700 EC units, 530 hotel rooms and 90,000 sq m GFA of commercial space.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB to launch up to 23,000 new BTO flats per year over next two years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Separately,\u00a0the government has also released five confirmed list sites and eight reserve list sites\u00a0for\u00a0the\u00a01H 2022...<\/p>\n","protected":false},"author":1,"featured_media":123841,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/SINGAPORE-HDB-FLAT.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wdq","jetpack-related-posts":[{"id":121390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4989-bto-flats-more-than-half-in-mature-estates\/","url_meta":{"origin":123840,"position":0},"title":"HDB launches 4,989 BTO flats, more than half in mature estates","date":"August 12, 2021","format":false,"excerpt":"\r Applicants can expect to wait between 37 to 67 months for the seven projects in the August 2021 BTO launch to\u00a0be completed. A total of 4,989 Build-To-Order (BTO) flats across seven projects in Jurong East, Hougang, Queenstown, Kallang Whampoa and Tampines were launched for sale by the Housing and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/AUGUST-BTO-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":101231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nov-hdb-bto-launch-which-projects-are-the-most-attractive\/","url_meta":{"origin":123840,"position":1},"title":"Nov HDB BTO launch: Which projects are the most attractive?","date":"November 14, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Plantation Grove in Tengah. Source: HDB The Housing and Development Board (HDB) launched 3,802 Build-To-Order (BTO) flats for sale on Tuesday (13 Nov) under its latest sales exercise. \u201cThe final launch of BTO (flats) for 2018 sums up to a grand total of 15,811 units, a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/11\/Nov-2018-BTO-Sales-Exercise.jpg?fit=624%2C316&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":102140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-slightly-reduces-bto-supply-for-2019\/","url_meta":{"origin":123840,"position":2},"title":"HDB slightly reduces BTO supply for 2019","date":"December 10, 2018","format":false,"excerpt":"\r The BTO flat supply next year includes some 2,000 units in the new Tengah town. Source: HDB The Housing and Development Board (HDB) announced last Friday (7 Dec) that it intends to launch around 15,000 Build-To-Order (BTO) flats for the whole of 2019, down from the 15,800 units it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-6753-flats-in-may\/","url_meta":{"origin":123840,"position":3},"title":"HDB launches 6,753 flats in May","date":"May 23, 2019","format":false,"excerpt":"\r They comprise of 3,485 BTO and 3,268 SBF units.\u00a0 The Housing and Development Board (HDB) launched 6,753 flats for sale under its latest Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This comprises 3,485 BTO and 3,268 SBF units. The BTO flats are spread across four projects, three\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3740-bto-flats-including-singapores-first-community-care-apartments-for-seniors\/","url_meta":{"origin":123840,"position":4},"title":"HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniors","date":"February 5, 2021","format":false,"excerpt":"\r HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniorsThe Kallang\/Whampoa and Toa Payoh projects are expected to be heavily oversubscribed, given their prime city fringe locations and\u00a0close proximity to MRT stations. Image: HDB In the first sales exercise of the year, the Housing and Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/feb-2021-bto-bidadari.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":103937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3739-flats-launched-in-first-hdb-sales-exercise-of-2019\/","url_meta":{"origin":123840,"position":5},"title":"3,739 flats launched in first HDB sales exercise of 2019","date":"February 13, 2019","format":false,"excerpt":"\r Artist\u2019s impression of the Towner Crest BTO project in Kallang Whampoa. Source: HDB The Housing and Development Board (HDB) on Tuesday (12 Feb) launched 3,739 flats for sale in this year\u2019s first Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise. Of these, 3,162 BTO flats will be spread\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123840"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123840"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/123841"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}