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In 2009, the HDB introduced the Lease Buyback Scheme, under which the HDB buys a proportion of the housing unit's lease at current resale prices. Additional schemes, such as the Silver Housing Bonus, under which the homeowner moves to a smaller flat, and the two-room Flexi scheme consisting of smaller flats with shorter leases, were introduced ...
The HDB Hub at Toa Payoh, headquarters of the Housing & Development Board of Singapore. HDB flats in Jurong West. The Housing & Development Board (HDB; often referred to as the Housing Board), is a statutory board under the Ministry of National Development responsible for the public housing in Singapore.
Build to order (BTO) is a real estate development scheme enacted by the Housing and Development Board (HDB), a statutory board responsible for Singapore's public housing. First introduced in 2001, it was a flat allocation system that offered flexibility in timing and location for owners buying new public housing in the country.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
The two main public housing providers are the Housing Authority and the Housing Society. The most common types of public housing in Hong Kong are public rental housing (PRH) and subsidised sale flats produced under the Home Ownership Scheme (HOS). In 2016, approximately 31 per cent of Hong Kong households lived in PRH flats while 15 per cent ...
When HDB blocks were first constructed in the 1960s, they did not include void decks. [3] It was only in the 1970s that HDB began building its flats starting from the second level, creating open space on the ground level. [2] [3] However, exceptions to some new HDB blocks were made to allow for greater convenience for the elderly. [13]
The HDB Hub opened on 10 June 2002 as the headquarters of the Housing and Development Board, with all public service counters in the board's former headquarters in Bukit Merah being closed on 8 June. [1] The building cost $380 million to complete. [2] A showroom, named Habitat Forum, was launched in the hub on 24 October 2002. [3]
In Finland, a studio apartment is called yksiö (from the word yksi meaning "one"), and are advertised as one-room apartments (a one-bedroom apartment is referred to as "two rooms"). The building of such apartments is a growing trend throughout Finland; 55% of new homes in the city of Turku are studio apartments with total areas of under 37 ...