Singapore reduces the supply of new HDB flats to the lowest level since 2021 as HDB adjusts its pipeline to help moderate housing prices

I cannot confirm that Singapore has cut the supply of new public flats to the fewest since 2021. In fact, the available information indicates the opposite trend.

According to recent announcements, Singapore is actually increasing HDB supply significantly. Approximately 19,600 Build-to-Order flats will be launched in 2026 across three sales exercises, with over 4,000 of these having shorter waiting times of less than three years. This is part of a broader strategy to meet sustained housing demand, with HDB on track to offer about 55,000 flats from 2025 to 2027.

Additionally, a record number of flats are reaching their Minimum Occupation Period in 2026. An estimated 13,484 HDB flats are expected to reach MOP in 2026—nearly double the 2025 level—which will further increase resale supply. This is projected to rise even higher to about 18,939 units in 2027.

The National Development Minister has stated that the government will continue to provide robust supply of BTO flats to help moderate resale prices and improve accessibility and affordability for homebuyers. The minister has even asked HDB to go beyond the original 55,000-flat target if demand remains strong.

Rather than cutting supply, Singapore's strategy in 2026 focuses on expanding housing availability across both the BTO and resale markets to address housing demand and stabilize prices.