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Coming up: 3,000 more HDB flats
Thu, Sep 18, 2008
The Straits Times
>THE Government will release 3,000 more HDB flats for sale by the end of the year, amid a doubling of demand for flats by home buyers.

'Demand for new flats from young couples has definitely gone up since 2006,' Mr Tay Kim Poh, the HDB's chief executive, told reporters at the release of the board's annual report on Tuesday.

Flat buyers bought 11,991 new flats in the year ended March 31, more than double the 5,712 recorded the year before.To meet demand, the Housing Board has already released over 5,000 flats for sale so far this year, out of a planned 8.400 for the whole year.


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