By Jessica Cheam

THE Housing Board (HDB) will offer an estimated 10,000 to 12,000 flats yearly for the next five years to meet growing demand and ensure sufficient housing, said National Development Minister Mah Bow Tan on Monday.

But this number is a projection, he emphasised. 'What actually happens a few years down the road is unknown. Also, demand is not constant; it varies from year to year, depending on economic and other factors,' he said.

This medium-term projection serves as a guide for HDB's build-to-order (BTO) scheme, which is flexible, transparent and responsive to actual demand, said Mr Mah.

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