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

A total of 1.521K flats have already been transacted under the available selection program from its launch in June2019, made public MND Tan Kiat How at Parliament on 2March.

He was responding to MP Gan Thiam Poh who inquired the sum of Housing and Development Board public housing marketed within the available choosing scheme since its release.

Normanton Park price

The release choosing program makes it possible for residential property hunters “to apply for a flat on-line, and also attain their public home selection visit on a first-come-first-served grounds, which might be as quick as the following working day”.

Tan reported a total amount of Forty-six 2 room Flexi flats, 2hundred 73 3 room public housing\, 6hundred 1 4 room flats, 5hundred 97 five room/ Three Gen flats, and 4 Executive public housing have already been scheduled since 22Feb within the release selection process.

Gan additionally asked about if Housing and Development Board might look at including a fresh amount of public housing a bit more continuously and even increase the amount of flats available within the program.

Towards this, Tan reveal that HDB, presently, “suspends release scheduling two times a year in order to throw in a new quantity of flats. Most of flats offered within the open booking arised from the pot of public housing which continue being unchosen during the 2 times yearly Sale of Balance Flats activities”.

Tan included that Housing and Development Board has already been checking out solutions to provide more flats by means of open reservation.

Housing and Development Board, as an example, has ceased the Re-Offer of Balance Flat activities since Feb’20 in order that even more unchosen flats from the SBF exercises can possibly be offered easily through open selection, Tan announced.

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