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

A total amount of 1,521 public housing have recently gotten sold under the release choosing system after its kick off in Jun2K19, made public Minister of State for National Development Tan Kiat How during Parliament on 2nd Mar.

The Landmark price

He was replying to MP TP Gan who questioned the amount of HDB public housing marketed in the open booking scheme since its commence.

The open selection program supports property applicants “to get a public home on the web, plus obtain their flat selection consultation on a first-come-first-served basis, that might be as quick as the following working day”.

Tan mentioned a total amount of 46 2 room Flexi public housing, Two hundred Seventy-three 3 room flats, Six hundred and one four room flats, 5hundred 97 5 room/ 3Generation public housing, and also 4 Exec public housing have already gotten booked since 22 Feb ’21 within the open choosing procedure.

Gan additionally asked whether Housing and Development Board would take into consideration injecting a new inventory of flats a bit more often and escalate the quantity of flats readily available under the program.

Pertaining this, Tan reveal that HDB, presently, “suspends available reserving twice a year so as to insert a fresh quantity of public housing. The greater part of flats extended within the release scheduling originated from the pool of flats which continue to be unselected on the twice-yearly Sale of Balance Flats exercises”.

He mentioned further that Housing and Development Board has definitely been looking at strategies to put forward a bit more flats with open reservation.

Housing and Development Board, for instance, has already halted the ROF activities from Feb2K20 to make sure that further unselected public housing coming from the SBF exercises could be made available directly through open choosing, he stated.

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