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Government ramps up supply of private homes, HDB to offer more BTO flats with shorter wait times, and more

July 14, 2023 by admin

In a bid to address the pressing demand for housing in Singapore, the government is implementing measures to increase the supply of private homes and shorten the waiting time for Build-To-Order (BTO) flats offered by the Housing Development Board (HDB). These initiatives aim to alleviate the housing crunch and cater to the evolving needs of Singaporeans. Stay tuned for further updates on this progressive move by the government.

New Private Home Sales Up Despite BSD Hikes, Government Pilots Singles Shared Room Facilities Scheme, and More

July 13, 2023 by admin

Despite the recent hike in Buyer’s Stamp Duty (BSD) rates, new private home sales have shown an unexpected increase. In addition, the government has initiated a pilot program for singles, introducing shared room facilities. These developments reflect the efforts to address the housing needs of Singaporeans amidst changing market dynamics.

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