The Housing and Development Board (HDB) has identified three additional sites to be released under the Design, Build and Sell Scheme (DBSS) in the first half of this year.
These sites are in Simei, Toa Payoh and Bedok. This was revealed on Wednesday, together with the announcement that HDB resale prices rose by 5.6 percent in the fourth quarter of last year.
The three sites have an estimated yield of about 1,500 units.
This follows the announcement in late November that the HDB will ramp up supply of public housing units in the first half of 2008, including 4,800 new units under the Build-to-Order Scheme. - CNA/so
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