BTO flats: Lower age limit for singles

I applaud the Housing Board for offering 5,110 Build-To-Order (BTO) flats and 5,008 unsold balance flats in its latest launch ("Over 10,000 new flats up for selection"; Nov 23).

Would the HDB consider lowering the minimum age of singles who intend to apply for a BTO flat from 35 to 32, as it takes about three years from application to the allocation and construction of the flat?

Under current rules, by the time a successful single applicant signs on the sale and purchase agreement and/or collects the keys to the BTO flat, he would be about 38 years old.

Investing in a BTO flat at 32 can be part of a long-term retirement plan for singles. The minimum age for singles for the purchase of resale flats can remain at 35.

Sum Kam Weng

A version of this article appeared in the print edition of The Straits Times on November 26, 2016, with the headline 'BTO flats: Lower age limit for singles'. Print Edition | Subscribe