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The Home Improvement Programme (HIP) (Chinese: 家居改进计划; pinyin: jiā jū gǎi jìn jì huá; Malay: Program Peningkatan Rumah) was introduced by the Housing Development Board (HDB) in August 2007, during Singapore's National Day Rally. [2] It replaced the earlier Main Upgrading Programme (MUP), which operated from 1990 to 2007. [2]
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.
In a real estate context, an option fee is money paid by a buyer to a seller for the option to terminate a real estate contract. Option fee funds should not be confused with earnest money . The use of option fees is most common in the residential resale market in Texas.
The option fee usually is non-refundable. That is, if the tenant-buyer fails to exercise the option, the money remains with the seller. It is not refunded. The reason: The option fee is not a deposit. The option fee has been used to purchase something of value: the option. 2. The parties agree to a purchase price.
One of the original HDB flats constructed in 1960, in July 2021.. On the Housing & Development Board (HDB)'s formation, it announced plans to build over 50,000 flats, mostly in the city, under a five-year scheme, [7] and found ways to build flats as cheaply as possible so that the poor could afford to stay in them. [8]
Here's how we compiled the list: We pored through 30-year average snowfall statistics of hundreds of locations in the U.S. from 1991 through 2020. We considered only those towns and cities with a ...
The following guidelines determine whether and when to exercise an option: [3] An option should only be exercised if it is in the money by at least as much as the fees associated with the underlying transaction (e.g. the fee for subsequently selling an underlying which has been physically delivered). The exercise usually costs money as well.
Natura Loft DBSS flats at Bishan. Design, Build and Sell Scheme (abbreviation: DBSS) was introduced by the Housing and Development Board in 2005. Flats built under the scheme were meant for public housing and developed by private developers.