What are the different types of HDB flats available for sale in Singapore

1. What are the different types of HDB flats available for sale in Singapore contained towns with all the essential amenities available within it. That includes medical clinics, schools, supermarkets, food centers, transports as well as sports and recreational facilities. Also, this is vastly available due to the huge development of the real estate sector of Singapore. Types of public housing available in Singapore: Singapore is a country with a high rate of home ownership, as the residents of Singapore are usually home proud. Here the majority of its population wants to own property rather than staying as a tenant. For this reason, the real estate sector in Singapore in expanding pretty much, as the demand for housing is increasing every day. Also as per common culture, while a Singaporean proposes someone for marriage, they usually book for a build-to-order (BTO) HDB flat. So if you till don’t own property then the HDB flat for sale in Singapore is the perfect option for you, as the supply is more than adequate due to the government policy. As per the financial status, i.e. budget and requirement of the common citizens of Singapore the various HDB flat types are thoughtfully designed. Also, there are different type and size of HDB units are designed as per different family size, such as; 1-room to 5-room flat; Executive flat; and Multi-generation flat. Also, there are three most popular types of residential units in high-rise buildings are build-to-order (BTO) flats, the Design, Build and Sell Scheme flats (DBSS), and the Executive Condominiums (EC). Here we will further discuss these different types of public housing in detail. 1. Build-to-order HDB flats: The build-to-order (BTO) HDB flats are brand new properties specially designed for young couples and people looking for a brand new starter home. For those who are looking to buy a new HDB flat,the BTO scheme is applicable for them and in this scheme; the buyers can choose the location from specific sites launched, as per their preference and timing. So this is a highly responsive system and offers flexibility in options available herein for eligible buyers. But for purchasing a BTO HDB flat you need to speculate the design much before that is made and take the decision accordingly. The BTO HDB flat is the most affordable of the lot, buyers can also opt for open concept kitchens as it’s cheaper than others, with no flooring and plumbing and the sorts. HDB flat for sale in Singapore: If you’re ready to make a long-term commitment to the Housing Development Board (HDB), then you must know the new launch or build-to-order HDB flat comes with a temporary lease period of 99 years, which can be said for the lifetime. The government’s developers plan and build the HDB flats in such a way that becomes kind of self-

2. 2. Design, Build and Sell Scheme (DBSS) flats: property market of Singapore. These DBSS flats are for those who want to settle in between BTO HDB flat and the Executive Condos (EC). It’s a very lucrative option that has been introduced recently by Singapore’s Housing Development Board in 2005. These flats built under this scheme were meant for public housing and developed by private developers and agencies. And once the project is completed, it will be handed over to HDB to manage the development further. Design-wise, these flats are usually a lot more elegant than a typical HDB flat. It costs more too because it is usually furnished with things, such as; kitchens cabinets, bathrooms, cabinets, and air cons. But DBSS units do not come with swimming pools, gyms, and other luxurious facilities, which make it different than private condos. Conclusion: The HDB flats for sale in Singapore are the most popular as well as the cheapest option in the property market as we have mentioned earlier. It is a unique provision provided by the government of Singapore under the tag of the Housing and Development Board. Now more than 80% of Singaporeans live in HDB flats, as the Pricing of public housing flats is typically cheaper than developments. So you can go through the aforementioned options of public housing and can choose one according to your budget and requirement. 3. Executive Condominiums (EC): The Executive Condominiums is a hybrid of public and private housing, as these houses mainly built to cater the students and professionals who can afford more than HDB flats but less than private condos. They usually resemble private condominiums and are enclosed within a gated compound with security, amenities like swimming pools, clubhouses, playgrounds, and the works. The EC’s come at a price lower than private homes because their land prices are subsidized by the government, though these are developed by the private developers. So EC is the smartest public housing option in the privately built