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SINGAPORE – A number of projects in the mega build-to-order (BTO) sales exercise on Wednesday (Aug 12) may take up to five years to complete due to safety measures introduced at construction sites to curb Covid-19.
The Housing Board said home buyers keen on the 1,785-unit UrbanVille @ Woodlands project, a five-minute walk from Woodlands MRT station, will have to wait the longest, at around 62 months.
The project is slated to be completed in the second quarter of 2026.
The 1,070-unit Costa Grove in Pasir Ris will take between 56 and 58 months, with an estimated completion date in the fourth quarter of 2025.
The 472 BTO flats in Bishan and 1,044 flats in Parc Residences @ Tengah have an estimated waiting time of between 52 and 54 months, to be ready around the second or third quarter of 2025.
On Wednesday, National Development Minister Desmond Lee acknowledged in a Facebook post that some of the projects have a “longer than normal” completion timeline, which may be of concern to buyers.
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