Overview
- The government is examining lowering the minimum age for singles and raising income ceilings for Build-to-Order applicants to widen eligibility when new flats arrive.
- Housing and Development Board will roll out about 55,000 BTO units from 2025 to 2027, exceeding its initial target by 10 per cent and including more shorter-wait options.
- Resale market measures include a plan to remove the 15-month wait-out period for private property owners once prices settle in line with income growth.
- New legislation to formalise the Business Improvement District framework is slated alongside streamlined Urban Redevelopment Authority approvals for select commercial uses from 2026.
- Authorities are monitoring global supply chain pressures and US tariffs to safeguard construction material flow and bolster industry productivity.