Sunday 17 July 2011


Clementi Ave 4 DBSS (Launching 2011/2012)
This site is located in Clementi New Town, a destination complete with convenient facilities and amenities. For shopping, food and entertainment options, residents can look to The Clementi Mall and West Coast Plaza. The recreational choices are aplenty with the Clementi stadium, sports hall and swimming complex nearby.

There are also established educational and academic institutions like Nan Hua Primary, NUS High, Singapore Poly, Ngee Ann Poly, NUS (Kent Ridge) and SIM University in the vicinity. Bounded by major expressways such as Pan-Island and Ayer Rajah Expressways (PIE/AYE), the land parcel is also efficiently served by the Clementi MRT Station and bus interchange.
Developer : EL Development Pte Ltd
Location : Clementi Avenue 4
Site Area : 21,906.5sqm
Estimated Dwelling Units: 770
Lease Term : 103 years (includes a 48 month construction period)













Jurong/Yuan Ching

Yuen Ching Road DBSS ( Launch around Oct/ Nov )
This site is located near the Jurong Lake District, which will be developed into a unique lakeside destination for business and leisure. For shopping, food and entertainment, families can look to Jurong Point, IMM, Taman Jurong and Boon Lay Shopping Centres. The upcoming commercial development at Jurong Gateway will also widen the retail opportunities. Other attractions include the Jurong Lake Park, Chinese and Japanese Gardens, Jurong Bird Park, Singapore Science Centre and Snow City.

There are also established schools and tertiary institutions like River Valley High, Jurong Junior College and Nanyang Technological University nearby. Bounded by major expressways such as Pan-Island and Ayer Rajah Expressways (PIE/AYE), the land parcel is also efficiently served by Lakeside and Boon Lay MRT Stations and Boon Lay Bus Interchange.
Developer : Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and SC Wong Holdings Pte Ltd
Location : Yuan Ching Road
Site Area : 21,199.70sqm
Estimated Dwelling Units: 580
Lease Term : 103 years (includes a 48 month construction period)






































Upper Serangoon


Upper Serangoon/Hougang ( Launch around Oct/Nov 2011)

This site is located just across Punggol Park. Residents will enjoy shopping, food and entertainment conveniences at Hougang Plaza, Hougang Mall and Kang Kar Mall. Established schools like Holy Innocents' High School, Xinmin Primary and Secondary Schools, Montfort Primary and Secondary Schools, Serangoon Secondary, as well as Serangoon Junior College are also within easy reach. In addition, there is a host of facilities such as a library, swimming pool, sports hall and stadium within the town. The site is well-linked to the Hougang MRT station, Hougang Bus Interchange and major expressways such as Tampines, Kallang Paya Lebar and Central Expressways (TPE/KPE/CTE).

Developer : Kwan Hwee Investment Pte Ltd
Location : Upper Serangoon Road
Site Area : 20,000sqm
Estimated Dwelling Units: 630
Lease Term : 103 years (includes a 48 month construction   period)

Bedok

Bedok Reservoir Crescent DBSS
 ( Launch around September 2011)
Near to Bedok Reservoir and future downtown line 3 Bedok Town Park MRT Station. Easily assessible from/to PIE and ECP.

Developer : CEL Development Pte Ltd
Location : Bedok Reservoir Crescent
Site Area : 16,668.2sqm
Estimated Dwelling Units: 430
Lease Term : 103 years (includes a 48 month construction period)




Near to Bedok Reservoir and future downtown line 3 Bedok Town Park MRT Station. Easily assessible from/to PIE and ECP.


About DBSS

What are DBSS?

For those of you who are newbies, DBSS – in typical Singapore Govt style – means Design, Build and Sell Scheme. Basically, the design, building and selling are done by private developers and agencies. When the project is done, it is handed over to HDB to manage the development.

The design, finishing and quality of the apartment unit is usually better than that of a typical HDB flat. However, DBSS units do not come with pool, gym, and the other facilities normal condos enjoy.

The usual HDB rules apply here: 5 years minimum occupation, selling to only pink and blue IC holders, for income ceiling not exceeding $10,000. Those earning under $8,000 combined salary are eligible for HDB loans. Those earning $8,000 to $10,000 are eligible only for first-timer CPF grant of $30,000.

Prices range between a high-end HDB resale flat and an Executive Condo.