Friday, September 21, 2007

HDB Launches Coral Spring

Source : TODAY, Friday, September 21, 2007


















The Housing and Development Board (HDB) has launched a new development in Sengkang, called Coral Spring (artist’s impression, above), under the Build-To-Order System.

Up for sale are 698 units of four-room premium flats, which come with full floor finishes and colour-coordinated sanitary fittings. Buyers can also opt for internal timber doors at an additional cost. The indicated price range for the flats is $188,000 to $252,000. Applications close on Oct 9.

Those keen on applying for a flat must have a household income of less than $8,000 a month and satisfy the usual eligibility criteria. Eligible first-timers can apply for the Additional CPF Housing Grant.

Applications can be submitted at the HDB Hub or at any branch office, or online at www.hdb.gov.sg. Those shortlisted will be informed by the end of November, and the selection exercise commences in December. The HDB will assess the take-up rate before deciding to call the building tender. If the project meets the desired take-up rate and proceeds for tender, the HDB will arrange for the applicants to sign the Agreement for Lease.

Interested buyers can view details of the project online or at the HDB Hub. For enquiries, email hdbsales@hdb.gov.sg or call 1800-866 3066 during weekday office hours.

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