Thursday, February 19, 2015

"Number of housing units expected to grow to 1.43m units by early 2018: Khaw"



Number of housing units expected to grow to 1.43m units by early 2018: Khaw

Singapore’s current stock of housing units stands at about 1.28 million, with 960,000 (75%) Housing and Development Board (HDB) units and 320,000 (25%) in the private sector. While a total of 200,034 units (~15%) were projected for the pipeline supply of new homes for 2014-2017, the new figure stands at 195,788, according to Mr Khaw (~50,000 per year).