THE Housing Board will offer 4,000 smaller flats over the next two years, marking the biggest comeback for such flats which has not been built for 20 years. Next year's supply of 2,000 three-room and smaller flats will almost double this year's supply of 1,163.
HDB's move closely follows National Development Minister Mah Bow Tan's announcement in Parliament last month that there will be a steady supply of smaller flats for lower income families and for those who need to downgrade to smaller flats amid the current economic crisis.
HDB also launched a new project on Thursday - Dew Spring @ Yishun - under its build-to-order scheme.It will offer 504 four-room, 144 two-room, 215 three-room units - the largest number of smaller flat types out of all of HDB's projects launched this year.
