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

A total amount of 1,521 flats have actually gotten sold under the open selection system ever since its release in June2K19, disclosed Minister of State for National Development Tan Kiat How in Parliament on 2March.

He was answering MP Gan Thiam Poh who inquired the sum of HDB public housing marketed under the release choosing system after its commence.

The release reservation program makes it possible for property seekers “to make an application for a flat online, furthermore obtain their public home option scheduled appointment on a first-come-first-served grounds, that can be as early as the subsequent operating day”.

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Tan reported a total amount of Forty-six two room Flexi flats, 2hundred 73 3 room flats, 601 4 room flats, Five hundred and Ninety-seven five room/ Three Gen flats, and also 4 Executive public housing have already been booked since 22 February 2021 via the open reservation system.

Gan in addition queried whether Housing and Development Board might consider including an additional supply of flats a bit more regularly and even boost the quantity of public housing provided within the system.

Pertaining this, Tan gave out that Housing and Development Board, already, “puts on hold available scheduling double a year so as to add a new inventory of flats. The large number of flats offered within the release reserving come from the pool of flats that stay unchosen following the twice-yearly Sale of Balance Flats exercises”.

He included that Housing and Development Board has actually been looking into strategies to put forward more flats through open choosing.

HDB, as an example, has actually halted the ROF routines after Feb’20 so that higher left out public housing coming from the Sale of Balance Flat routines could be extended easily via release reservation, he stated.

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