\nThe Housing Board is looking at ways to quicken construction of new flats to shorten the waiting time for buyers. (Photo: Chen Siyuan, Wikimedia Commons)<\/p>\n
The Housing and Development Board (HDB) is looking at ways on how it can advance the construction work of some Build-To-Order (BTO) projects and build them ahead of their sales launches.
The Housing Board is looking at ways to quicken construction of new flats to shorten...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-40149","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-arz","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":40149,"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":120548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-bto-projects-delayed-by-six-to-12-months-says-mnd\/","url_meta":{"origin":40149,"position":1},"title":"Most BTO projects delayed by six to 12 months, says MND","date":"July 7, 2021","format":false,"excerpt":"\r Most BTO projects delayed by six to 12 months, says MNDTo reduce the length of delays, the HDB is working with various agencies on mitigating measures such as securing \u201cexemptions to allow less noisy construction activities to be carried out on Sundays and Public Holidays where possible\u201d.\u00a0 With the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/construction-image-crane.jpg?fit=820%2C410&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":40149,"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":132642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-ramps-up-supply-of-private-homes-hdb-to-offer-more-bto-flats-with-shorter-wait-times-and-more\/","url_meta":{"origin":40149,"position":3},"title":"Government ramps up supply of private homes, HDB to offer more BTO flats with shorter wait times, and more","date":"December 12, 2022","format":false,"excerpt":"\r Government ramps up supply of private homes, HDB to offer more BTO flats with shorter wait times, and more6th December to 12th\u00a0December 2022 The Government has ramped up the private housing land supply on the Confirmed List under its Government Land Sales (GLS) Programme to 4,090 units for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/12\/private-homes-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":61276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-bto-flats-with-shorter-waiting-time\/","url_meta":{"origin":40149,"position":4},"title":"HDB to offer BTO flats with shorter waiting time","date":"July 20, 2017","format":false,"excerpt":"\r \u00a0 To help young couples get their new homes sooner, the Housing and Development Board (HDB) will introduce a new sales mode for balance flats and will start the construction of select build-to-order (BTO) projects ahead of their launch. The Housing Board plans to launch for sale the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-wait-times-for-bto-projects-remains-at-four-to-five-years-says-desmond-lee\/","url_meta":{"origin":40149,"position":5},"title":"Average wait times for BTO projects remains at four to five years, says Desmond Lee","date":"October 6, 2021","format":false,"excerpt":"\r The total waiting time for BTO projects is still under six years, with\u00a0BTO projects launched this year and last year having wait times ranging between\u00a0three to 5.5 years. Including delays brought about by the pandemic, the average waiting time for ongoing Build-to-Order (BTO) projects has remained between four to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/HOUGANG-CITRINE-BTO-AUGUST-2021.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40149"}],"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=40149"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40149\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nThis is to provide some flats with shorter waiting times to cater to couples in urgent need of new homes.
\nBut while it may not be feasible to do so \u201cfor the entire flat supply due to land constraints and risk of oversupply, we can potentially do this for some projects every year\u201d, said the Ministry of National Development (MND) in a written reply to Parliament on Monday (9 January).
\nThe statement was made in response to a query from MP for Bishan-Toa Payoh, Chong Kee Hiong, on whether more resources could be allocated to hasten the construction of HDB flats for young couples.
\n\u201cHelping young couples own their first home is one of our key priorities,\u201d it said.
\n\u201cThe ramp-up of BTO flat supply between 2011 and 2014 has helped to clear the first-timer demand backlog. Most first-timers are now able to select a flat within their first or second application, and definitely on their third try.\u201d
\nAside from ramping up new flat supply, the ministry revealed that since 2011, the Housing Board has also been calling tenders for many projects as soon as designs are ready to further shorten the waiting time for buyers.
\nWith the waiting time now down mainly to construction time, the HDB has also adopted various productivity measures in the design and construction phases, such as the use of precast technology to expedite construction.
\n\u201cWe will monitor the market closely and calibrate our flat supply to be responsive to the housing needs of Singaporeans,\u201d noted the MND.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB to ramp up BTO flat supply ahead of launch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"