HDB to slow supply of flats from next year

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Will it create more demand on resale market and private market?

HDB to slow supply of flats from next year

SINGAPORE — The Government will slow down the supply of new public flats from next year — a year earlier than it had indicated previously.

Writing on his blog as applications closed yesterday for the Housing and Development Board’s largest joint Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, National Development Minister Khaw Boon Wan said: “As the supply and demand for public housing returns to balance, we will begin to taper off the massive construction programme from next year. We will do so in a measured way, to allow the market to gradually adjust, just like what we had done to cool the property market earlier.”
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http://www.todayonline.com/singapore/hdb...-next-year
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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HDB to slow supply of flats from next year - by CityFarmer - 03-12-2013, 09:31 AM

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