Tuesday, October 02, 2012

HDB ramps up flat supply for 2012 to 27,000

To further address the growing demand for public housing, the Housing and Development Board (HDB), under the joint Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercises launched 7,055 flats. 

Taking this into account along with 6,400 more flats set to be launched in November, this year’s flat supply would rise to 27,000, up from the original 25,000 units.

In addition, the housing board will introduce a new opt-in scheme for sanitary fittings in bathrooms that aims to provide greater flexibility to buyers and minimise wastage during renovation.

“HDB will also pilot an “open kitchen” concept for flats at Teck Ghee Parkview. Buyers will be given a choice to opt for a partition wall between the living / dining area and the kitchen to better suit their lifestyle needs,” it added.

Under the September launch, seven BTO projects will offer 3,727 new flats in two non-mature towns/estates (Choa Chu Kang and Woodlands) and three mature towns/estates (Ang Mo Kio, Kallang Whampoa and Tampines).

Of these, at least 95 and 85 percent (excluding studio apartments) in mature and non-mature estates respectively would be allocated to first-timers.

The Multi-Generation Priority Scheme (MGPS) which allows parents and married children to jointly apply for flats in the same BTO project will be available in Cheng San Court.

“In addition, elderly flat owners in Ang Mo Kio and Woodlands will enjoy doubled balloting chances under the Ageing-In-Place Priority Scheme (APPS) when they apply for a studio apartment in Cheng San Court and Golden Saffron respectively,” the HDB added.

Meanwhile, applicants could take up various housing grants for a new flat; for instance, young couples could buy a new four-room flat for as low as S$219,000.

At the same time, the SBF exercise offers 3,328 flats in 11 non-mature and 13 mature estates. These flats comprise 818 studio apartments, 697 two-room flats, 302 three-room flats, 1,016 four-room flats, 471 five-room flats and 24 executive flats.

About 95 percent of the SBF (excluding studio apartments) will be set aside for first-timers.

Applications for new flats (BTO and SBF) will close on 3 October and applicants may apply for one flat type/category in an estate. 

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