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

A total of 1.521K public housing have recently gotten sold in the available choosing system after its commence in June 2019, made public MND Tan Kiat How in Parliament on 2March.

Tan was replying Member of Parliament TP Gan who questioned about the amount of Housing and Development Board public housing sold under the available choosing system ever since its commence.

The open reservation system helps property applicants “to obtain a flat web-based, and also get their public home choosing session on a first-come-first-served manner, and that can be as quick as the subsequent operating day”.

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Tan reported an overall of 46 two room Flexi flats, 2hundred 73 3 room public housing\, Six hundred and one four room flats, 597 five room/ Three Generation flats, and also four Exec flats have already gotten ordered as of 22 February 2021 via the release booking process.

Gan in addition asked about if HDB would look at infusing a new quantity of flats a bit more regularly and also escalate the number of public housing in the market within the scheme.

Regarding this, Tan reveal that Housing and Development Board, at present, “puts on hold open booking two times a yr to inject a new stock of public housing. Most of flats provided in the open scheduling originated from the group of public housing particularly stick around unchosen after the 2 times yearly Sale of Balance Flats routines”.

He add on that Housing and Development Board has been uncovering tactics to make available extra public housing with open reservation.

Housing and Development Board, as an example, has already ceased the ROF activities ever since February 2K20 to make sure that more unselected public housing from the SBF exercises may possibly be put forward straight away via available choosing, Tan shared.

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