{
  "id": 3467966,
  "title": "Higher BTO demand expected after income ceiling raised, but supply can keep pace: Chee Hong Tat",
  "url": "https://urgent.news/2026/08/26/higher-bto-demand-expected-after-income-ceiling-raised-but-supply-can-3467966",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-26T08:39:03.000Z",
  "source": {
    "name": "CNA - Singapore",
    "slug": "cna-singapore",
    "url": "https://www.channelnewsasia.com/singapore/national-development-minister-chee-hong-tat-mnd-hdb-bto-housing-income-ceiling-resale-6342096"
  },
  "original_language": "en",
  "account": "Singapore's Minister for National Development, Chee Hong Tat, stated that the country will continue to build more and faster to meet the increased demand for Build-to-Order (BTO) flats, as more home buyers are expected to enter the market following the raising of public housing income ceilings. The higher income thresholds will make more Singaporeans eligible for BTO flats, and the government aims to ensure adequate supply to meet this higher demand by continuing to build more and faster. Resale prices are also expected to remain stable, as more households become eligible for BTO flats, shifting some demand away from the resale market, and more resale flats becoming available as they reach the end of their minimum occupation period. The government is also taking measures to support young families, such as giving first-time parents an additional ballot chance for each child aged 18 and below, and considering ways to provide more support for larger families.",
  "summary": "The Singaporean government expects higher demand for Build-to-Order (BTO) flats following the raising of public housing income ceilings. Minister for National Development Chee Hong Tat said that with more people eligible to apply, the government will continue to \"build more, build faster\" to meet this demand.\n\nAccording to Chee, the government is on track to offer at least 55,000 new BTO flats from 2025 to 2027. Additionally, a growing supply of resale Housing and Development Board (HDB) flats could help keep resale prices stable.\n\nThe increased supply of BTO and resale flats is expected to meet the higher demand and stabilise prices. Chee told CNA's Singapore Tonight that the goal is to meet the housing aspirations of more Singaporeans.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Higher BTO demand expected after income ceiling raised, but supply can keep pace: Chee Hong Tat",
        "url": "https://urgent.news/2026/08/26/higher-bto-demand-expected-after-income-ceiling-raised-but-supply-can",
        "published": "2026-08-26T08:39:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}