Thursday, April 23, 2009

Good idea to scrap balloting for flats


Source : Straits Times - 23 Apr 2009

I DISAGREE with Tuesday’s letter by Mr Zhou Zhiqiang, ‘Ballot is fairer to all’.

If the HDB decides to do away with balloting for flats, it is a good sign that Design, Build and Sell Scheme (DBSS) projects are gaining support, and becoming viable and acceptable to the public. In future, there may be many DBSS projects in the pipeline to complement private condominiums, so buyers have more choice.

Queuing for a home is very different from queueing for a concert ticket. It may cost you $88 if you do not like the concert, but it will cost you hundreds of thousands of dollars if you do not like your flat.

For that reason, a serious buyer should have done his homework before considering buying a DBSS flat. If he likes the location, considers the price acceptable and is keen to buy a flat, he should make himself available at the launch to visit the site and evaluate the designs. Viewing a solid mock-up model and layout details will give potential buyers the information they need.

I hope that one day, all HDB and DBSS flats are offered to the public without the need for balloting.

Paul Chan


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