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by OrangeTee & Tie Pte Ltd.

Some BTO projects may be delayed by 1 year or more; buyers anxious, resigned about extended waiting

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Singapore, 09 May 2021

SINGAPORE - Home buyers are becoming more worried that they will have to wait longer to get the keys to their Build-To-Order (BTO) flats, while others said they are resigned to the fact that their housing projects may now be delayed by up to one year or more.

Ms Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, said this month's BTO exercise may draw some buyers away from the resale market.

"The launches in Bukit Merah and Geylang are well located, and buying interest is expected to be strong especially for these two sites," she said.








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