The Straits Times, Dec 31, 1991
THE Housing Board plans to build 90,000 bigger and better flats over the next five years.
Most of these flats will be four-room, five-room and executive flats, said its chairman, Mr Hsuan Owyang, in the board's annual report which was released yesterday.
In his statement, he said the HDB took into account the demand for flats in its booking system introduced in 1989 when setting its target.
He said the board will stay more responsive to changes in demand for flats and changing tastes for better quality housing with a wider variety in designs.
The annual report added that demand for flats has remained vibrant.
The board received 36,627 applications for flats in its financial year 1990/91. About 30,600 were requests to buy flats while about 5,950 were applications for rental flats.
Four-room flats remained the top choice, with 45.3 per cent of buyers applying for them. Five-room flats were the next popular choice (32 per cent), followed by executive flats (22.7 per cent), said the report.
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