The basic premise of BTS is allowing buyers to pay for their new homes only upon completion of construction, instead of the current STB (sell then build) where the buyers progressively pay from signing a purchase agreement until completion.
'Housing minister BTS flip-flop based on wrong info'
www.kinibiz.com
The housing minister’s decision not to make build-then-sell mandatory from 2015 is based on outdated information, claims the National House Buyers Association.
