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

A total amount of 1,521 flats have gotten sold within the release reservation scheme since its kick off on Jun2019, exposed Minister of State for National Development KH Tan in Parliament on 2nd March.

He was addressing MP Gan Thiam Poh who questioned the quantity of Housing and Development Board flats marketed within the release selection system ever since its launch.

The open choosing program makes it possible for house seekers “to request a public home on the web, furthermore receive their public home option scheduled time on a first-come-first-served basis, which may be as soon as the following operating day”.

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Tan replied a total amount of Forty-six 2 room Flexi public housing, Two hundred Seventy-three three room public housing\, 601 4 room flats, 5hundred 97 5 room/ Three Gen public housing, as well as 4 Exec public housing have actually gotten scheduled as of 22 Feb 2021 from the available selection program.

Gan also questioned whether Housing and Development Board would think of infusing a fresh inventory of flats a bit more continuously in addition to escalate the quantity of public housing provided in the system.

To this, Tan reveal that HDB, at present, “puts on hold available booking two times a yr in order to insert a new quantity of flats. Most of public housing supplied under the release reserving originated from the pool of public housing which remain left out after the 2 times yearly Sale of Balance Flats activities”.

Tan included that Housing and Development Board has been exploring approaches to put forward extra flats by means of release booking.

HDB, for example, has actually ceased the Re-Offer of Balance Flat exercises after Feb2020 to ensure even more unchosen public housing coming from the Sale of Balance Flat exercises can be provided easily using release selection, Tan shared.

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