From 2009 to 2019, the average annual number of hdb built is at 17,642 units. Mr Khaw Boon Wan served as Minister of MND during 2011 to 2015 Yet due to covid, in year 2020, we only manage to build 7,406 hdb units and in year 2021, the figure is at 13,887. Obviously there is a severe lack of supply in the market, the demand is much more than the new supply. The number of BTO applicants has also...
