Housing Development Corporation House
The Housing Development Corporation said yesterday that up to 23,000 per capita (PDO) homes will be put up for sale next year and next year due to high demand for s.
The corporation said this shows a 35 percent increase in the number of BDO homes for sale
It pointed out that 17,000 BDO homes were put up for sale last year.
BDO house to be built in Bukit Mera, Jurong West, Kalong Wambo, Queenstown, Tenga, Do Bao, Isun
Can apply next year for s.
National Development Minister Desmond Lee told a news conference yesterday that the Housing Development Corporation would be ready to sell 100,000 homes from this year to 2025.
Houses will be built as needed, he said.
Minister Lee said applications for BDO vacancies have increased.
In 2019, 3.7 applications were submitted per BDO home. This is up from 5.5 this year.
The number of applications has risen despite the Housing Development Corporation selling additional homes. The Housing Development Corporation sold approximately 14,600 homes in 2019.
Nearly 17,000 homes were put up for sale each year last year and this year.
Many people born in the late 1980s and 1990s are now newly married and need a home.
Mr Lee said this has greatly increased the demand for vacant homes.
In addition, many want to live as small families and need extra housing
He noted that.
Mr Lee said the number of private homes would also be increased through the government land sale program.
About 2,800 homes will be on the confirmed list in the first six months of next year. This is 40 percent more than the number of homes that will feature later this year. Mr Lee said the government was ready to allocate more land for private homes if demand increased.
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