Starting early next year, the total allowable number of small-sized apartments in a private residential project will be restricted to prevent developers from flooding the the market with too much supply.
On a similar note, the Urban Renewal Authority is also setting new limitations on sizes of balconies due to public outcry. The new guidelines is going to limit the GFA bonus at 7% instead of the previous 10%. Authorities had observed that some developers are building excessive large balconies with smaller indoor space, which warranted the new guidelines.
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