Friday, September 26, 2008

HDB launches 992 flats under balloting exercise

Source : Channel NewsAsia - 26 Sep 2008

The Housing and Development Board (HDB) of Singapore has launched the sale of 992 flats under its Balloting Exercise on Friday.

They include surplus flats available from the Selective En Bloc Redevelopment Scheme (SERS) in Ang Mo Kio, Kallang, Whampoa, Queenstown and Jurong West, as well as remaining units at The Pinnacle@Duxton.

HDB said on Friday the units offered are of different types and designs that will suit varying needs and budget of home buyers.

Prices of three and four-room flats in Jurong West are expected to cost between S$142,000 and S$253,000.

While the 428 units at Singapore’s first iconic 50-storey public housing project, The Pinnacle@Duxton are priced between S$457,000 and S$646,000.

The Board said that buyers who do not find a flat of their choice in this balloting exercise can consider applying for a new flat under the Build-To-Order exercises in the future.

Interested buyers can view models of the projects at the Habitat Forum at the HDB Hub or visit unfurnished sample units on site.

Applications for the new flats can be submitted online at www.hdb.gov.sg from September 26 to October 9.


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