The first BTO project to be completed without any delays since the pandemic will be ready by the first quarter of 2023. Read more at straitstimes.com.
SINGAPORE – About 40 per cent of ongoing Build-To-Order projects are delayed owing to the Covid-19 pandemic,HDB on Saturday said the proportion of such delayed BTO projects has come down from more than 90 per cent in 2021 on the back of the improving Covid-19 and migrant manpower situation, as well as government support for the construction industry.
The first BTO project to be completed without any delays since the pandemic began will be ready by the first quarter of 2023, said HDB. Since 2018, HDB has been offering some BTO flats with shorter waiting times of less than three years by starting construction works before launching the projects. HDB said that up until about a year ago, it had a shortage of 25 per cent of the workforce needed to build BTO projects, because of various Covid-19 measures and restrictions.
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