SINGAPORE - More steps were announced yesterday to help young couples land their first flat: Starting from Build-To-Order (BTO) projects launched this month, processing time will be cut by more than half to four weeks, along with a ramped up supply in the first half of this year.
On the faster processing time, Mr Mah cautioned that the trade-off would be a shorter application period.
Mr Mah said the supply of BTO flats will be ramped up by 3,000 to 14,000 in the first half of the year - the total number of BTO units slated to be offered this year remain unchanged at 22,000.
Mr Mah stressed that the Government is committed to ensuring that public housing stays within reach of first-timers.
Overall, the new measures should enable applicants to select their flats and collect their keys faster, said Mr Mah.
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