Tuesday, January 3, 2012

What is Design, Build and Sell Scheme (DBSS)?

Time to time you will encounter this housing type called Design, Build and Sell Scheme (DBSS) in Singapore. What is a Design, Build and Sell Scheme (DBSS) flat? Where are they? Who can buy them? If you wanna know the answers to these questions you are at the right place.

DBSS flats are public housing flats developed by private developer.  DBSS are built with better designs compared to normal HDB flats in mature estates such as Tampines, Ang Mo Kio and Bishan and the private developer will undertake all the entire development from planning, design, and construction, to the sale of the flats directly to eligible buyer.  Developers are flexibility in design as long as the design does not compromise the objectives, fundamentals and characteristics of public housing. For example the design of DBSS need to maintain open access to common properties and DBSS cannot have fencing and facilities such as swimming pool, gymnasium and tennis courts. These flats are still public housing flats with the similar HDB eligibility conditions like other flats developed by HDB.[1] Like other public housing flats, DBSS flats are 99 years lease and Minimum Occupation Period of 5 years is applied before buyer can sell the unit.

DBSS was introduced by the Housing and Development Board in 2005 and the pilot project was The Premiere @ Tampines, composed of eight 17-storey blocks, which was launched in 2006 and completed in 2009 by Sim Lian Land Pte Ltd on  21,000 sq m  land acquired for $82.2 million. The other DBSS projects as of December 2011 are:

In 2011, the sale of land for Design, Build and Sell Scheme (DBSS) projects has been put on hold while the Government carries out a review, said National Development Minister Khaw Boon Wan:

"Mr Khaw made these points on his official Facebook page over the weekend, in response to a member of the public who called for the scheme to be scrapped in the wake of high asking prices at a Tampines project called Centrale 8.

The developer, Sim Lian Group, initially estimated prices at $880,000 for five-room units, later revising them to $778,000 after a public uproar.

Yesterday, the Ministry of National Development (MND) said that pending the results of the review, the Housing Board would not proceed with the sale of a DBSS site in Bendemeer slated for later this month."[2]

[1] - What is Design, Build & Sell Scheme (DBSS) Flats?
[2] - DBSS land sales on hold pending review

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