Converted 2-room flats in Sengkang up for sale
A SECOND batch of two-room flats derived from breaking up bigger units has been put up for sale, along with about 1,000 bigger flats, in HDB’s latest balloting exercise.
The 84 two-room flats in Sengkang, converted from unsold executive flats there, cost between $59,000 and $76,000 each.
The return of these smaller units, following more than 20 years during which HDB focused on building and selling bigger flats, is part of the effort to put housing within reach of the less well-off.
Families wanting to buy these units must not earn more than $2,000 a month.
To come up with these two-room flats, 84 executive flats in Anchorvale Link were each carved into two units - a two-room one and a three-room one. They are expected to be ready by the middle of this year.
The first batch of 100 such converted flats was offered in Jurong West last August. More than 200 people applied for them.
The latest balloting exercise announced yesterday also unveiled three-, four- and five-room units for sale in Bedok, Bukit Merah and Clementi.
Priced between $167,000 and $411,000, they are surplus flats from recent Selective En-bloc Redevelopment Scheme exercises, in which old flats are torn down to make way for new ones in the neighbourhood.
Households eyeing these flats cannot earn more than $8,000 a month. The three-room units, however, have a qualifying income ceiling of $3,000.
Low-income households buying homes for the first time can also apply for a housing grant of up to $20,000.
Applications are open until March 19. Shortlisted applicants can expect to book their flats in June or July.
Source : Straits Times - 28 Feb 2007
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