HDB to build 14,000 more flats in 2H14

28,000 flats are to be finished this year.

The HDB is set to build 14,000 more flats in the second half of 2014, according to a blog post released yesterday evening by National Development Minister Khaw Boon Wan.

This number is on top of the 14,000 flats that have already been completed in 1H14, in line with the MND’s goal to build 28,000 flats this year.

“This event marks the completion of 14,000 new flats so far this year. Another 14,000 new flats are on track to be completed in the next 6 months. This will be in line with our promise of building 28,000 new flats in 2014,” wrote Khaw.

Here’s more from the post:

This morning, I witnessed the handover to HDB of the Compassvale Ancilla precinct, a BTO project in Sengkang. This project comprises over 1,000 units, from Studio Apartments (SAs) to 5-room flats.

The Married Child Priority Scheme (MCPS) has made this easier for Mr and Mrs Kang, as it doubled their chances in the BTO ballot.

Besides MCPS, we also offer the Studio Apartment Priority Scheme (SAPS), where 50% of SAs are reserved for seniors applying for one near their current home or married children. There is also the Multi-Generation Priority Scheme (MGPS), which allows parents and married child to book a flat each in the same BTO project.

Through these priority schemes, as well as the integration of SAs with other flat types, we have been able to facilitate multi-generational living – helping young couples and their parents live together or near each other.

Indeed, this has been a running theme at MND’s ongoing Housing Conversations.

Most of the couples in the conversations expressed a strong preference to live in the same town or neighbourhood as their parents, if they do not live together. Our job is to help them realise their wish.