18 Jun '11, 10am

Khaw mulls larger combined BTO launches

SINGAPORE: National Development Minister Khaw Boon Wan says he is considering moving away from the current practice of monthly launches of Build-To-Order HDB flats and explore ways to have larger combined launches. In the latest entry on his blog, Mr Khaw said he has been advised to do larger launches. Mr Khaw thinks this is sound advice. He said larger launches offer buyers a wider range of choices and reduce the odds of repeated disappointment. Mr Khaw said he is working with the HDB to see how the June and July launches can be combined for a larger launch. He also pledged to price them wisely, adding that they will certainly not be near the prices suggested in the recent Design, Build and Sell Scheme (DBSS) flats. He was referring to a private developer's DBSS launch in Tampines, with the upper end of the 5-room units priced at S$880,000. Noting that it has caused a sti...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

Tweets

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