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In 2009, the HDB introduced the Lease Buyback Scheme, under which the HDB buys a proportion of the housing unit's lease at current resale prices. Additional schemes, such as the Silver Housing Bonus, under which the homeowner moves to a smaller flat, and the two-room Flexi scheme consisting of smaller flats with shorter leases, were introduced ...
The Housing & Development Board (HDB; often referred to as the Housing Board), is a statutory board under the Ministry of National Development responsible for the public housing in Singapore. Established in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust 's (SIT) public housing ...
The blocks were completed by the board in October 1960, becoming the first flats to have been completed by the HDB. Residents began moving into the buildings in early 1961. The three blocks are all 7-storeys tall and rental flats. [1] They include one, two and three-room units, [2] with fifteen units on every floor. [3]
The Pinnacle@Duxton project holds the record for the highest average price of new flats purchased directly from HDB, as well as the most expensive unit offered and purchased at $646,000. In September 2020, the development held the record for both of the most popular sizes of 5-room and 4-room HDB units at $1.23 million and $1.19 million. [21]
Tampines Rovers (2018–present) Geylang International (2019–present) Our Tampines Hub (abbreviated as OTH) is an integrated community and lifestyle building in Tampines, Singapore. It is located on the grounds of the former Tampines Stadium and Tampines Sports Hall and is part of the development of the Tampines Regional Centre. [1]
Lease-by-room, also known as individual leasing, is an arrangement whereby a tenant and their roommates pay rent for their own rooms instead of each tenant being equally liable for the rent for the whole apartment. Typically lease-by-room leases are multi-room apartments or townhomes with shared bathrooms and living rooms.
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