The new classification of BTO flats will ensure our public housing system continues to meet Singaporeans’ housing needs and aspirations – home-ownership, inclusive communities, fairness, and sustainability.
From Oct 2024, we will classify new BTO projects into three categories based on their locational attributes.
* Resale eligibility conditions would also include at least 1 Singaporean buyer and private property owners must wait out 30 months from the disposal of their property.
No changes to conditions for existing 1.1million flats.
Read more: Extract of National Day Rally 2023 Speech by PM Lee Hsien Loong on Housing
Source: Ministry of National Development