1,521 Flats Sold Under HDB’s Open Booking Scheme

A total amount of 1,521 public housing have already gotten sold under the available reservation scheme ever since its commence during 06/19, reported Minister of State for National Development KH Tan during Parliament on 2 March.

Tan was reacting to Member of Parliament TP Gan who inquired the quantity of HDB public housing transacted in the release reservation system after its commence.

The available selection system permits property applicants “to make an application for a public home web-based, and get their flat choosing scheduled time with a first-come-first-served schedule, which may possibly be as early as the subsequent operating day”.

Nim Collection price

Tan mentioned a sum of Forty-six 2 room Flexi flats, Two hundred Seventy-three 3 room public housing\, Six hundred and one four room public housing, 5hundred 97 5 room/ Three Generation public housing, as well as 4 Executive public housing have already gotten ordered as of 22 Feb ’21 under the release choosing system.

Gan additionally asked about whether Housing and Development Board might consider inserting a fresh number of flats more often in addition to increase the amount of public housing in the market under the program.

Towards this, Tan reveal that HDB, at present, “holds open scheduling double a yr in order to insert a new inventory of public housing. Most of flats extended within the available reserving originated from the pot of flats particularly stick around unselected during the two times yearly Sale of Balance Flats exercises”.

He mentioned further that HDB has definitely been uncovering approaches to make available a bit more flats with available booking.

Housing and Development Board, for instance, has halted the Re-Offer of Balance Flat exercises since Feb2020 to make sure that further unselected public housing coming from the SBF routines can be extended straight using open selection, Tan reported.

Add Comment

Your Email address will not be published

error: Content is protected !!