Changes over Past Five Years in Waiting Time from First Unsuccessful BTO Application to Eventual Key Collection

71 Mr Sharael Taha asked the Minister for National Development (a) what is the median total waiting time from a first unsuccessful BTO application to eventual key collection and how has this changed over the past five years; and (b) what is the projected median waiting time for applicants when the 55,000 BTO flats announced for 2025 to 2027 are fully launched.

Mr Chee Hong Tat: Build-To-Order (BTO) projects completed from 2021 to 2024 were delayed by the COVID-19 pandemic. Across these four years, median actual waiting times exceeded median projected waiting times by three to nine months. By January 2025, all projects affected by COVID-19 were completed. Since then, projects completed in 2025 were delivered on or ahead of schedule, with the median waiting time about one month less than projected at launch.

For projects launched in 2025, the median projected waiting time was 47 months. We expect median waiting times to remain between three to four years for projects launched in 2026 and 2027.