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

An overall of 1.521K flats have already been transacted in the available selection scheme since its kick off during 06/19, announced Minister of State for National Development Tan Kiat How inside of Parliament on 2Mar.

The Avenir price

Tan was replying Member of Parliament TP Gan who questioned the amount of Housing and Development Board flats sold within the open booking system since its kick off.

The release selection scheme helps house hunters “to make an application for a flat on the web, furthermore attain their flat picking visit with a first-come-first-served grounds, in which could be as early as the next working day”.

Tan announced a totality of 46 two room Flexi public housing, 2hundred 73 three room public housing\, Six hundred and one four room public housing, 5hundred 97 five room/ Three Generation flats, and 4 Exec public housing have already been scheduled since 22 Feb 2021 from the open choosing system.

Gan at the same time inquired about if HDB might take into consideration inserting a fresh stock of public housing more consistently in addition to raise the quantity of flats in the market in the scheme.

Towards this, Tan shared that HDB, at present, “postpones open booking double a yr to add a fresh stock of flats. Most of public housing given within the open reserving originated from the pool of flats particularly continue to be left out on the two times yearly SBF activities”.

He included that HDB has actually been exploring solutions to offer more flats through available reservation.

Housing and Development Board, for example, has ceased the ROF exercises since Feb’20 to ensure that even more unselected flats out of the Sale of Balance Flat activities may possibly be made available straight using release choosing, he stated.

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