The number of approved applications to rent out HDB flats rose by 3.5 per cent in the fourth quarter of 2022 compared with the preceding quarter.
Compared with the same period in 2021, the number of approved applications in the fourth quarter of 2022 was 19.7 per cent lower.
For the whole of 2022, approved applications to rent out HDB flats fell by 15.1 per cent from 42,623 cases to 36,166 cases.
At the end of the fourth quarter of 2022, there were 56,647 HDB flats rented out, an increase of 0.5 per cent over the previous quarter.
BTO FLATS
In February, HDB will offer about 4,400 Build-to-Order (BTO) flats in areas such as Jurong West, Kallang Whampoa, Queenstown, and Tengah.
Between 3,800 and 4,800 flats will also be offered in areas such as Bedok, Kallang Whampoa, Queenstown, Serangoon, and Tengah in the May BTO exercise.
“These numbers are subject to review as more project details will be firmed up closer to the launch dates,” said HDB, adding that it plans to offer up to 23,000 BTO flats this year.
“HDB is prepared to launch up to 100,000 flats in total from 2021 to 2025, if needed. HDB will continue to monitor housing demand and make adjustments, where necessary.”