Written Answer to Unanswered Oral Question
Number of HDB Flats Built under Design, Build and Sell Scheme Sold for More Than $1 Million
Ministry of National DevelopmentSpeakers
Transcript
65 Mr Gan Thiam Poh asked the Minister for National Development to-date, how many HDB flats that have been sold for more than $1 million were flats built under the Design, Build and Sell Scheme.
Mr Desmond Lee: The Design, Build and Sell Scheme (DBSS) was introduced in 2005 to give flat buyers more choice by allowing private developers to design and build some public flats. Land sales for DBSS have been suspended since 2012.
To-date, up to the first quarter of 2023, 229 DBSS flats have been sold in the open market for $1 million or more.