Gov't mulls increasing portion of Shorter Waiting Time flats in overall supply
They plan to launch around 2,000 to 3,000 of such flats each year by 2025.
The Ministry of National Development (MND) plans to launch more flats with shorter waiting times by 2025.
Minister of National Development Desmond Lee said the ministry plans to launch around 2,000 to 3,000 Shorter Waiting Time (SWT) flats in its overall supply.
This range is around the same as the number of SWT flats the government was launching pre-pandemic.
SWT flats can be collected around three years or less.