SINGAPORE: The Housing and Development Board (HDB) said on Friday (Sep 25) that it is reviewing its Conversion Scheme after receiving public feedback on the recent resale listing of a combined flat in Telok Blangah.
The flat with a remaining lease of 91 years was created by merging two adjoining three-room units at Block 93B Telok Blangah Street 31.
Its initial resale listing on the PropertyGuru website for S$2.18 million (US$1.7 million), alongside a marketing video posted on Sep 19, has sparked public discussion over the pricing of such “jumbo” flats.
In response to CNA’s queries, HDB noted that it had received concerns from members of the public over the flat listing.
“The government remains committed to keeping public housing affordable and accessible,” it said, adding that it will do a review of the scheme.
The Telok Blangah flat’s remaining lease period has also raised questions online whether the Minimum Occupation Period (MOP) for the initial units had been completed before they were combined.
HDB said that the flat owners purchased the first 3-room flat from HDB in December 2017.
“They subsequently decided to purchase the adjoining unit in August 2021, when their neighbour had put it up for sale after obtaining HDB’s approval to sell the flat during the MOP due to the family’s circumstances,” it added.
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