HDB withdraws Sengkang DBSS site

SINGAPORE - The Housing and Development Board (HDB) has withdrawn a Sengkang site that was set for the development of a Design, Build and Sell Scheme (DBSS) project, according to a statement released on Friday.

This is in line with the Ministry for National Development's (MND) recently-announced review of DBSS land sales.

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On Tuesday, National Development Minister Khaw Boon Wan had said the scheme will be suspended while it is being reviewed.

HDB also reiterated in its statement today that no new DBSS site will be released for sale until the review is completed.

Under the DBSS, developers tender for land and have flexibility in designing, pricing and selling the flats.

DBSS flats make up a small portion - less than 1 per cent - of the entire HDB public housing stock.

But the scheme came under the spotlight recently after Sim Lian Group, the developer for Centrale 8, a DBSS project in Tampines, set indicative prices of as much as $880,000 for a five-room flat.

The indicative prices created a stir and MND said shortly after that it will be reviewing the DBSS, as part of an overall review of housing policies.

The DBSS projects so far
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