25.000 BTO flats will be built next year to cater to the demand and ensure that prices remain stable and continue to affordable
Housing and Development Board (HDB) will raise the income limit for the purchase and building 25.000 new flats under the scheme Build Follow Recently (BTO) next year, according to Prime Minister Lee Hsien Loong last night.
Mr Lee said the income limit for new HDB flats will be raised from $ 8,000 to $ 10,000, while the income limit for the flat-executive condominium (EC) will be increased from $ 10,000 to $ 12,000.
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