Expanded HDB scheme lets buyers book flats the next day 291 twin hills drive, Coventry, CT 06238 is now new to the market! 291 twin hills Drive, Coventry, CT 06238 | MLS 170199839. – See details for 291 Twin Hills Drive, Coventry, CT 06238, 4 Bedrooms, 1 Full/1 Half Bathrooms, 2000 Sq Ft., Price: $289,900, MLS#: 170199839, Courtesy: RE/MAX Renaissance, Provided by: Weichert.
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HDB Flats are easy to acquire recently; there was a time when the market was completely controlled by the government and you could only buy Build to Order (BTO) HDB flats. But now, with the new development projects of the HDB comes the capability of the flat owners of selling HDB Flat. Possible Reasons for Selling HDB Flat
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HDB has launched 8,230 flats for sale today under the November 2017 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. This comprises 4,829 BTO units and 3,401 SBF units across 25 towns/estates. Of the 4,829 BTO units on offer in this sales exercise, the majority (3,880 units, or 80%
Instead of waiting weeks after your HDB flat application submission for a letter from the Housing Board (HDB) to let you know when you can ballot for a flat, and then another wait for a date to select your unit, a new scheme to be rolled out in the middle of this year may allow applicants to book their unit as soon as the next day.
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The expanded scheme, first announced in February, is part of HDB’s efforts to make apartments more affordable for potential homeowners. The new scheme means that potential buyers can see the online listing of these apartments at any time, submit an online application and choose a unit on the next business day.
Minister of national development, Lawrence Wong, announced on March 6 that about 1,100 HDB flats with a shorter waiting time of two to three years, compared to the usual three to four, will be launched for sale in 2H2018. The flats launched will spread across three projects in Sembawang, Sengkang, and Yishun.
Types of flats. HDB also has schemes like the Design, Build and Sell Scheme (DBSS) flats and Executive Condominiums (EC)s, which are built by private developers and come with a 99-year lease. ECs also offer home buyers facilities such as swimming pools, tennis courts and security services just like private condominiums.