HDB pilots new open concept ‘white flats’ in October BTO exercise
A good example is Far East Company’s Inessence label of ultra-luxury residences, such as Alba, Blvd Vue and Skyline @ Orchard Blvd in the prime communities of Orchard Road. The “white plan” strategy allowed customers to customise their units.
“It lets the format of the HDB flat to be tailor-maked and re-configured as family needs modification,” comments Eugene Lim, key executive officer at ERA Singapore.
He explains that those who wish to revamp their brand-new flat could even see price benefits as they will not require to demolish partitions, unlike those purchasing the conventional HDB flats.
Nevertheless, she includes that the new format might have a potential downside when selling the unit in the future as it may appeal to a smaller pool of homebuyers.
Despite this, Sun predicts that any possible price variation would certainly not be significant as the construction of non-structural wall structures is less costly.
Christine Sun, primary researcher & strategist at OrangeTee Group, mentions that such “white plan” ideas that provide property buyers the possibility to customise the style of their units were available just in high-end private homes prior to.
“Public housing apartments that come with the white plan can be an original for some prospective buyers”, states Sun.
According to the HDB, the non-provision of inner partition wall surfaces for such white flats will be factored into the prices. Property buyers may opt right into the brand-new style when they are welcomed to reserve their flat.
In contrast to remaining condos, these “white flats” will definitely have contiguous living and bed rooms space without beams or dividers walls. The initial collection of such white flats are going to be featured at the Kallang-Whampoa BTO venture, with 310 three- and four-room units.
HDB is going to pilot a brand-new open approach design in the October Built-To-Order (BTO) exercise, revealed Desmond Lee, Minister of National Development, at a keynote on May 27.
As an example, four-room flats today have 3 bed rooms. Young couples with no young children yet may not require all three bedrooms now. A white flat lets them to parting the room with furniture or glass partitions. Down the road, when they have youngsters, the spot could be repurposed, and the bedrooms put in, includes Lim.
