HDB to offer 13,000 BTO flats in H2 2023, 31% more than H1

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According to HDB, the supply of flats has been ramped up by 35 per cent on a yearly basis to meet increasing demand. SingaporeHDB

SINGAPORE — A total of 13,000will be offered for sale in the second half of 2023, said the Housing and Development Board in a statement on Monday .

The figure represents about 31 per cent more than the 9,923 units launched in the first half of 2023, bringing the total BTO supply in 2023 to 23,000 flats. However, HDB noted that the numbers are subject to review as more project details will be firmed up closer to the launch dates., HDB said it will offer about 6,700 BTO flats in towns and estates such as Choa Chu Kang, Kallang Whampoa, Queenstown and Tengah.

According to HDB, the supply of flats has been ramped up by 35 per cent on a yearly basis to meet increasing demand. HDB supplied a total of 17,000 flats in 2021 and 23,200 flats in 2022. The housing authority maintains that it remains on track to launch a total of 100,000 flats from 2021 to 2025.

 

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