Nov 7, 2007
The Housing Board says it has a potential supply of about 4,000 to 5,000 flats than can be introduced to meet demand if required over the next three years.
This as it awards Katong Hostel the master tenant tender for 120 flats in Tiong Bahru, vacated under the Selective Enbloc Redevelopment Scheme.
The flats comprise 3-room and 4-room units.
They'll be leased out to the general public on a short term basis.
HDB says it will put these flats to better use in the interim period, pending their redevelopment.
It says it will assess the response to this pilot project, before deciding whether to expand the scheme in future.
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