My point: Why are some BTO projects completed faster than others

My point: Why are some BTO projects completed faster than others

I was excited to read that the HDB is stepping up its building programme ("21,000 Mt Vernon niches to make way for Bidadari estate"; last Monday), with the first flats in Bidadari to be ready by 2015, two years from now.

Hence, I am puzzled as to why other Build-To-Order projects take more than four years to complete.

For instance, my son signed the option to purchase in July 2011 for a unit in Punggol Waterway II, but it is not expected to be completed until the third quarter of 2015.

I hope the HDB can explain its policy.

 


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