8,573 BTO flats to be launched by Singapore's HDB in October, with new resale conditions for Prime and Plus units.

Singapore's Housing and Development Board (HDB) will launch 8,573 Build-To-Order (BTO) flats in October, marking its largest offering yet. Flats will be classified into three categories: Standard, Plus, and Prime, based on location and amenities. Prime and Plus units will have stricter resale conditions, including a 10-year minimum occupation period. This new framework aims to enhance affordability and discourage speculative investments in public housing.

October 09, 2024
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