Oral Answer by Ministry of National Development on BTO flat applications by single applicants
Feb 12, 2015
Mr Gan Thiam Poh: To ask the Minister for National Development:-
(a) to date, what is the number of single applicants who have applied and yet to secure their 2-room BTO flats; and
(b) what is the estimated waiting time for these singles to secure their flats.
Answer:
From July 2013, singles were allowed to buy 2-room Build-to-Order (BTO) flats. Since then, about 18,300 had applied and about 9,000 were able to select a flat. The remaining 9,300 did not have a chance to select a flat. Some may have gone on with other housing plans. Many will try again at upcoming BTO launches.
HDB does not have the waiting time statistics, as it will vary according to factors such as the popularity of the BTO projects and the applicants’ preferences.
As a new scheme, some pent-up demand is expected. HDB has ramped up the supply from 2,600 units in 2013 to about 5,000 units in 2014. Singles application rates have accordingly fallen, from a high of 58 applicants to 1 flat in July 2013, to 13 to 1 flat in November 2014. We will continue to help applicants to secure their flat faster.