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

A totality of 1.521K flats have been marketed in the available booking system from its kick off during 06/19, announced Minister of State for National Development Tan Kiat How inside of Parliament on 2 Mar.

Tan was addressing Member of Parliament Gan Thiam Poh who consulted about the amount of Housing and Development Board flats marketed in the open selection scheme ever since its release.

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The available selection scheme enables flat applicants “to secure a public home on the internet, furthermore get their public home option session on a first-come-first-served grounds, which may be as early as the next operating day”.

Tan mentioned a sum of 46 2 room Flexi public housing, 2hundred 73 three room public housing\, 601 4 room public housing, 5hundred 97 five room/ 3Generation public housing, and also 4 Executive flats have actually gotten booked since 22Feb within the release selection system.

Gan additionally asked about if Housing and Development Board might think about inserting an additional stock of flats extra consistently also boost the amount of flats attainable under the scheme.

To this, Tan gave out that Housing and Development Board, at present, “puts on hold open booking two times a year in order to inject a new supply of flats. Most of public housing made available in the open reserving come from the group of public housing particularly stick around left out following the two times yearly Sale of Balance Flats routines”.

Tan mentioned further that HDB has already been investigating approaches to give extra flats through release choosing.

HDB, for example, has halted the ROF activities after Feb2K20 to make sure that higher left out flats coming from the Sale of Balance Flat routines could be supplied directly using release reservation, Tan shared.

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