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

A totality of 1,521 flats have recently been marketed within the open reservation program after its launch in June2K19, communicated Minister of State for National Development Tan Kiat How inside of Parliament on 2March.

Tan was replying to MP Gan Thiam Poh who asked about the amount of Housing and Development Board flats marketed in the release selection program since its launch.

The release booking scheme enables private housing seekers “to secure a flat on-line, furthermore receive their public home option scheduled appointment with a first-come-first-served manner, in which may possibly be as prompt as the next operating day”.

Tan reported a totality of Forty-six two room Flexi flats, 2hundred 73 3 room flats, 6hundred 1 four room public housing, 597 five room/ 3Generation public housing, and also 4 Exec public housing have been reserved as of 22February under the release reservation system.

The M price

Gan furthermore sought if Housing and Development Board would think of adding a fresh inventory of public housing more continuously and increase the sum of flats provided under the program.

Pertaining this, Tan mentioned that HDB, at present, “suspends open scheduling double a year in order to include a new quantity of public housing. The greater part of flats given under the available scheduling come from the group of flats that stick around unchosen following the two times yearly Sale of Balance Flats exercises”.

Tan mentioned further that Housing and Development Board has definitely been looking into approaches to offer much more public housing by means of release booking.

Housing and Development Board, for instance, has actually stopped the ROF routines from February2020 to ensure higher unchosen public housing out of the Sale of Balance Flat activities could be extended directly through available reservation, Tan reported.

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