{"id":41109,"date":"2025-01-27T13:35:36","date_gmt":"2025-01-27T06:35:36","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=41109"},"modified":"2025-01-27T13:35:36","modified_gmt":"2025-01-27T06:35:36","slug":"singapore-to-launch-19600-build-to-order-bto-flats-in-2025-plus-other-reports","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/singapore-to-launch-19600-build-to-order-bto-flats-in-2025-plus-other-reports\/","title":{"rendered":"Singapore to launch 19,600 Build-to-Order (BTO) flats in 2025, plus other reports"},"content":{"rendered":"
\"\"
Dr David Sing\/Shutterstock<\/figcaption><\/figure>\n

For PropertyGuru\u2019s real estate news roundup, about 19,600 Build-to-Order (BTO) flats will be launched in 2025, including 3,800 flats \u2013 or nearly 20 percent \u2013 with waiting times of under three years. In other updates, Bangkok\u2019s Ploenchit-Chidlom-Wireless corridor is a prime office location that consistently attracts multinational corporations and high-profile tenants. Lastly, the pace of national rental growth continued to slow in 2024, suggesting that Australia\u2019s national rental market has well and truly passed the peak of the recent rental boom.<\/p>\n

19,600 BTO flats to launch this year in Singapore, including 3,800 units with a waiting time of under 3 years<\/b><\/p>\n

About 19,600 Build-to-Order (BTO) flats will be launched in 2025, as part of the government’s efforts to boost public housing supply and meet rising demand. Among them, 3,800 flats \u2013 or nearly 20 percent \u2013 will have shorter waiting times of under three years, said Minister for National Development Desmond Lee in an interview with CNA<\/a> Digital, the Straits Times and Lianhe Zaobao. In addition, the Housing Board plans to offer more than 5,500 units in February via its largest-ever Sale of Balance Flats exercise. This brings the total number of flats for sale this year to over 25,000. The flats will include Standard, Plus and Prime flats \u2013 the three categories under a revised classification framework \u2013 in locations such as Kallang\/Whampoa, Bukit Merah, Queenstown, Mount Pleasant, Woodlands, Yishun and Sembawang. With this year’s offering, the government is on track to launch about 102,300 BTO flats between 2021 and 2025, exceeding its earlier commitment of 100,000 units over five years, said Mr Lee.<\/p>\n

Ploenchit-Chidlom-Wireless: Bangkok\u2019s resilient core for prime office demand – Knight Frank<\/b><\/p>\n

Bangkok’s office market is undergoing a period of rapid transformation, yet the impacts of rising supply and shifting tenant demands are far from uniform across the city. While the broader market faces headwinds from a record supply pipeline and evolving workplace trends, certain properties and zones are well-positioned to thrive. After the next three years, supply pressures are expected to ease, and the momentum of companies onboarding employees back into the office will provide opportunities for well-located, high-quality buildings to outperform. This divergence underscores the importance of adaptability, innovation, and understanding nuanced market dynamics in navigating the challenges and opportunities ahead. According to RETalk Asia<\/a>, one area poised to benefit from these shifts is the Ploenchit-Chidlom-Wireless corridor, a prime office location that consistently attracts multinational corporations and high-profile tenants. With its central positioning, exceptional connectivity via public transport, and a concentration of Grade A and green-certified buildings, the area remains highly competitive despite the influx of new supplies across Bangkok.<\/p>\n

Australia\u2019s national rental market has “well and truly passed the peak” – CoreLogic<\/b><\/p>\n

The pace of national rental growth continued to slow in 2024, with rents up 4.8 percent over the year after surging 8.1 percent in 2023, according to CoreLogic\u2019s latest Quarterly Rental\u00a0 Review. The result marked the smallest annual rental increase since the 12 months to March\u00a0 2021 when rents rose 3.6 percent. This suggests that while still high relative to the pre-COVID decade average (2.0 percent), the national rental market has well and truly passed the peak of the recent rental boom. This notion was further supported by the 0.4 percent rise in rents in the December quarter, which was the smallest Q4 change in rents since 2018 (0.2 percent). In The Real Estate Conversation<\/a>, CoreLogic economist, Kaytlin Ezzy, pointed to affordability as a key driver. “Rental affordability continues to be a significant drag on rental growth.”<\/p>\n

The Property Report editors wrote this article. For more information, email: <\/i>propertyreport@propertyguru.com<\/i><\/a>.<\/i><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

More BTO flats for Singapore, BKK\u2019s resilient prime office area, Australia\u2019s rental market<\/p>\n","protected":false},"author":12,"featured_media":41110,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[4450,4449,3802,3821,638,579],"class_list":["post-41109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-bto","tag-build-to-order","tag-news-roundup","tag-prime-office-rentals","tag-real-estate","tag-rental-market","news_country-australia","news_country-singapore","news_country-thailand","news_author-property-report"],"acf":[],"yoast_head":"\nSingapore to launch 19,600 Build-to-Order (BTO) flats in 2025, plus other reports | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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