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

A totality of 1.521K public housing have already gotten sold under the release reservation scheme after its release on Jun2019, reported Minister of State for National Development Tan Kiat How during Parliament on 2March.

He was reacting to Member of Parliament TP Gan who questioned the quantity of Housing and Development Board flats marketed in the available choosing system ever since its kick off.

The release choosing system allows flat seekers “to obtain a public home via the internet, and also grab their public home choosing scheduled visit on a first-come-first-served schedule, which might be as quick as the subsequent operating day”.

Tan stated a sum of 46 two room Flexi flats, 273 3 room public housing\, 6hundred 1 4 room flats, 597 five room/ Three Generation public housing, and four Exec flats have gotten reserved since 22Feb under the available booking process.

One Bernam price

Gan additionally asked about whether HDB would consider including a new stock of public housing more continuously and boost the quantity of public housing in the market under the program.

Towards this, Tan shared that HDB, at present, “suspends release scheduling two times a yr in order to infuse a fresh number of public housing. The large number of public housing made available under the available reserving come from the pot of flats which are unchosen after the twice-yearly Sale of Balance Flats routines”.

Tan included that HDB has already been uncovering strategies to give extra public housing by means of open booking.

HDB, for example, has halted the Re-Offer of Balance Flat routines since Feb2020 so that even more left out flats out of the Sale of Balance Flat activities can be supplied easily by means of release reservation, he mentioned.

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