Monday, January 2, 2012

New year, new policies, new measures

More flats coming up

HDB will offer 25,000 more built to order flats this year, starting with a launch of 3,890 flats in Choa Chu Kang, Punggol, SengKang and Tampines this month.
Better chances for second timers

HDB balloting rules will be tweaked this year to allow second time applicable a better chance of getting a flat.

Fate of DBSS projects

Land sales for Design, Build and Sell Scheme (DBSS) projects which are HDB flats built by the private sector were suspended last year following a public out cry at the high $880,000 price tag of a unit at Centrale 8 in Tampines.

All eyes will be on wheather the scheme will resume or be discontinued this year

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