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HDB to review flat conversion scheme after concerns raised over Telok Blangah resale listing
HDB says the S$2.18 million asking price is more than 40% above comparable nearby transactions and has not received a resale application.
Summary by Channel News Asia
5 Articles
5 Articles
$2.18m Telok Blangah jumbo flat: HDB reviewing scheme following public concerns
HDB said on Friday (Sept 25) that it is reviewing the conversion scheme, commonly referred to as jumbo flats.Members of the public had expressed concerns after a jumbo flat in Telok Blangah was recently listed for sale at $2.18 million. Introduced in 1993, the conversion scheme allows eligible owners of three-room or smaller HDB flats who require more living space to combine their flat with an adjoining unit to form a larger flat. Eligible owner…
HDB to review flat conversion scheme after concerns raised over Telok Blangah resale listing
The scheme allows eligible owners of 3-room or smaller HDB flats who require more living space to apply to combine their flat with an adjoining unit to form a larger unit.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right2Center2Last Updated40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
Factuality
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