{"id":7404,"date":"2016-10-15T16:44:47","date_gmt":"2016-10-15T08:44:47","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=7404"},"modified":"2022-07-01T04:04:14","modified_gmt":"2022-06-30T20:04:14","slug":"shorter-wait-period-bto-flats","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/","title":{"rendered":"Shorter wait period for HDB BTO flats"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure id=\"attachment_7405\" aria-describedby=\"caption-attachment-7405\" style=\"width: 800px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-7405\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2016\/10\/BTO.jpg\" alt=\"Those waiting for their BTO flats will see their waiting period reduced to two to three years\" width=\"800\" height=\"521\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2016\/10\/BTO.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2016\/10\/BTO-940x612.jpg 940w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-7405\" class=\"wp-caption-text\">Those waiting for their BTO flats will see their waiting period reduced to two to three years<\/figcaption><\/figure>\n<p>Young couples who have purchased a Build-To- Order (BTO) flat can soon expect to move in\u00a0more quickly, following a Government announcement to cut waiting times for public\u00a0housing.<\/p>\n<p>Speaking to <a href=\"http:\/\/www.straitstimes.com\/singapore\/housing\/shorter-wait-for-bto-flats-on-the-horizon-lawrence-wong\">The Straits Times<\/a> and Lianhe Zaobao last week, National Development Minister\u00a0Lawrence Wong revealed aims to reduce the waiting period to two to three years, from the\u00a0current three to four years.<\/p>\n<p>\u201cWe would like to see how we can help them (young couples) settle down and get their flat\u00a0faster,\u201d said Mr Wong.<\/p>\n<p>This change will be achieved by accelerating housing construction and building ahead of\u00a0property launches. However, the reduced waiting period will not apply for the entire\u00a0housing stock as \u201cit\u2019s not possible because you just can\u2019t construct all the flats within a short\u00a0period,\u201d said Mr Wong.<\/p>\n<p>Mr Wong also expressed that the variation in waiting times will create more flexibility and\u00a0options for home buyers. \u201cThere will be a range of BTO flats with different waiting times\u2026 so\u00a0people can pick and choose,\u201d he said.<\/p>\n<p>Ms Pearlyn Tay, 25, a special education teacher, believes that this move will prove beneficial\u00a0for young married couples who wish to have a place they can call home.<\/p>\n<p>\u201cLogistically, it\u2019s very difficult for couples to wait four years\u2026 So many people are applying\u00a0for BTO flats first, before they even propose (marriage),\u201d said Ms Tay, who will be moving in\u00a0with her in-laws after her wedding.<\/p>\n<p>In addition to a shorter wait for BTO flats, Mr Wong also announced two other housing plans\u00a0targeted at seniors and families with young children respectively. The former will aid older\u00a0Singaporeans in unlocking their flat\u2019s value for retirement; whereas the Fresh Start Housing\u00a0Scheme aims to help young families who are currently living in public rental housing to\u00a0purchase their own homes.<\/p>\n<p>Read <a href=\"http:\/\/www.straitstimes.com\/singapore\/housing\/shorter-wait-for-bto-flats-on-the-horizon-lawrence-wong\">The Straits Times<\/a> for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Young couples who have purchased a Build-To- Order (BTO) flat can soon expect to move in\u00a0more quickly, following a Government announcement to cut waiting times for public\u00a0housing. Speaking to The Straits Times and Lianhe Zaobao last week, National Development Minister\u00a0Lawrence Wong revealed aims to reduce the waiting period to two to three years, from the\u00a0current&hellip;<\/p>\n","protected":false},"author":17,"featured_media":54476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53642,57131],"tags":[],"persona":[],"class_list":{"2":"type-post","10":"entry","11":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shorter wait period for buyers of future HDB BTO flats<\/title>\n<meta name=\"description\" content=\"Young couples who have purchased a BTO flat can soon expect to move in more quickly, following an announcement to cut waiting times.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shorter wait period for HDB BTO flats\" \/>\n<meta property=\"og:description\" content=\"Young couples who have purchased a BTO flat can soon expect to move in more quickly, following an announcement to cut waiting times.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-15T08:44:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T20:04:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/BTO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"781\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"99.co\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"99.co\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/\"},\"author\":{\"name\":\"99.co\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/0058658f1a1cdadf5f7d957b386c348b\"},\"headline\":\"Shorter wait period for HDB BTO flats\",\"datePublished\":\"2016-10-15T08:44:47+00:00\",\"dateModified\":\"2022-06-30T20:04:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/\"},\"wordCount\":342,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/shorter-wait-period-bto-flats\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/BTO.jpg\",\"articleSection\":[\"HDB\",\"HDB BTO in Singapore - BTO 2024, 2025 News &amp; 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