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Showing posts with label dbss. Show all posts
Showing posts with label dbss. Show all posts
Sunday, 17 July 2011
Jurong/Yuan Ching
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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.
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.
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