They include 9,000 new flats and about 1,300 executive condo units.
The first, Segar Meadows in Bukit Panjang Ring Road, comprises 412 three- and four-room flats. -- PHOTOS: HDB
The second, Compassvale Beacon in Sengkang East Avenue, comprises 750 two-, three- and four-room flats.
GOOD news for househunters desperately looking to get their own place. The Government on Wednesday announced plans to make available 10,000 homes over the next seven months.
The homes in the pipeline include 9,062 new flats, including those to be built by private developers, as well as about 1,300 executive condominium units.
Two build-to-order projects were launched on Wednesday. The first, Segar Meadows in Bukit Panjang Ring Road, comprises 412 three- and four-room flats. The second, Compassvale Beacon in Sengkang East Avenue, comprises 750 two-, three- and four-room flats.
From next month till June, the Housing Board will also launch for sale another 6,000 new flats under the build-to-order system, where projects are built only if the majority of flats are booked.
The HDB will also put up for sale four plots of land in Bishan, Simei, Toa Payoh and Bedok for flats to be built and sold by private developers. These plots will yield a total of about 1,900 homes.
Another three sites - in Yishun Avenue 11, Jurong West Street 42, and Sengkang East Avenue - will be made available next year for development of executive condomiums.
These special condominiums are limited to those eligible for public housing and are meant to cater to those with higher incomes.
The plots will be put on the reserve list, so they will be put up for tender once a party commits to making a minimum bid that meets the Government's expectations.
National Development Minister Mah Bow Tan, who gave details of the new supply of homes at a press conference on Wednesday, reassured newly weds that there were enough flats as well as a variety of homes to meet their needs.
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