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HDB hopes to open approximately 2,000 to 3,000 Shorter Waiting Time flats annually by 2025.

After that, for some time, HDB will readjust its construction program so that apartments with shorter waiting times will make up a greater proportion of new apartments.

prioritize first-timers

Lee said there is one consistent consensus in the Ministry of National Development’s public efforts. Prioritize first-time homebuyers, especially those getting married or with young children.

The ministry is researching ways to provide more support to such families looking to buy their first home, he said.

Some measures have already been put in place to increase the chances, with over 90% of BTO launch flats reserved for first-timers. Shorter waiting times and lower rejection rates for proposals to ease housing shortages for first-time buyers

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