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Serious PAP Lawrence Wong To Launch 17000 BTOs In 2020! Singapore Property Market Very Good! Grants From $80k to $160k!! Singapore Future Bright Bright!

JohnTan

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SINGAPORE - Around 16,000 to 17,000 Build-To-Order (BTO) flats will be launched in 2020 to meet the additional demand following key policy changes this year, National Development Minister Lawrence Wong announced in a blog post on Monday (Dec 16) morning.

The Ministry of National Development had raised the income ceiling in September for eligible first-time home buyers and introduced a new Enhanced Central Provident Fund (CPF) Housing Grant.

More young couples benefited from the increased housing subsidies for their first Housing Board flat, enjoying up to $80,000 in grants when they buy a new flat and up to $160,000 in grants when they buy a resale flat in the open market.

The projected number of BTO for next year is more than this year's supply of 14,000 flats.

https://www.asiaone.com/singapore/m...dditional-demand-following-key-policy-changes
 
Thank you... BTO King....Wong.........
Get ready online application.......
:biggrin: :biggrin:

Definitely Election year coming........
 
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Opportunity for those hitting 55 yo and do not hit the minimum sum to downgrade and free up whatever amount they can from CPF...if you fall into the normal family nucleus have parents and is married with kids you can maneuvere the situation to ensure the rental of one unit and at least 2k a month if it is a 4 rm flat
 
If it's mature estate will have alot of happy voters. If it's shitkang and slumggol it's not even worth mentioning as heaps of BTO available.

Either way I think they will again win bigger in this coming election with so many good news cover by media
Bad news is also cover by Protection from Online Falsehoods and Manipulation (POFMA)
 
If I can buy a resale flat for $160k and receive $160k in grants, then I can shout PAP is #1.
 
Where will the BTOs be built? Shitkang and Slumggol?

BTOs in both new and matured estates. There are BTOs being launched in Tengah, Punggol, Ang Mo Kio, Tampines, Bishan. Our economy is doing very well!
 
If I can buy a resale flat for $160k and receive $160k in grants, then I can shout PAP is #1.

It is never too late to hope and dream.
It may happen one day.
So please support them in your vote all the way.........to the future.
 
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