30 May '11, 7am

Khaw asks HDB to build more BTO flats in mature estates

In his third blog posting in five days, new Minister of National Development Khaw Boon Wan (above) has asked the HDB to look into building more Build-To-Order (BTO) flats in mature estates. -- ST PHOTO: JOYCE FANG IN HIS third blog posting in five days, new Minister of National Development Khaw Boon Wan has asked the HDB to look into building more Build-To-Order (BTO) flats in mature estates. Titled Making A Calculated Move, Mr Khaw acknowledged that his Ministry had been reluctant to launch BTO projects in mature estates for fears that its popularity 'would attract high subscription rates, further alarming the market.' 'While this is a valid concern, I believe that Singaporeans will understand that mature estates will always attract very high subscription. We should not be daunted by such a prospect, but should instead try to meet the aspirations of many young couples wan...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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