Huttons' comments on HDB's 2021 BTO exercise
2021's BTO supply of 17,000 units is well-balanced in our opinion considering the constraints in the construction industry and ensuring sufficient demand in the resale market.
Demand for BTO will vary across HDB towns with the mature estates generally seeing more applications. That being said, some younger towns with bold transformation plans also attract many buyers.
As the country moves forward in its smart nation drive, incorporating these features in BTO are necessary. To encourage a switch to electric vehicles, the infrastructure must be in place and HDB carparks are a piece of the puzzle.
We would expect HDB to step up the provision of open spaces and greenery as we transform into a City in a Garden. There will be a good mix of homes for different ages and different incomes as we embrace inclusivity.