1,521 Flats Sold Under HDB’s Open Booking Scheme
A total of 1,521 public housing have recently been marketed in the release booking scheme from its release during Jun2019, announced Minister of State for National Development KH Tan during Parliament on 2Mar.
Tan was responding to Member of Parliament Gan Thiam Poh who inquired about the sum of Housing and Development Board flats marketed within the release selection program after its kick off.
The release choosing scheme permits property hunters “to get a public home on the internet, and even get their public home selection scheduled time on a first-come-first-served grounds, that may possibly be as soon as the subsequent operating day”.
Tan stated a totality of Forty-six two room Flexi public housing, Two hundred Seventy-three 3 room public housing\, Six hundred and one 4 room flats, 597 five room/ 3Gen flats, and also four Executive flats have already gotten ordered since 22 February 2021 within the available selection procedure.
Gan at the same time asked about whether HDB would think about adding a fresh supply of flats more frequently and even rise the number of flats in the market in the system.
Regarding this, Tan gave out that HDB, today, “suspends open scheduling twice a yr in order to throw in a fresh inventory of public housing. Most of public housing supplied in the available reserving come from the group of public housing particularly continue to be unselected during the 2 times yearly SBF exercises”.
Tan added that HDB has actually been examining approaches to extend extra flats with available selection.
HDB, for instance, has already stopped the ROF activities after Feb’20 to ensure that additional unchosen public housing out of the Sale of Balance Flat activities could be put forward directly via release reservation, he reported.