DBSS site at Bedok Reservoir Crescent for sale by tender

The Housing and Development Board (HDB) has launched a land parcel located at Bedok Reservoir Crescent for sale by public tender under the Design, Build and Sell Scheme.

The tender will close at noon on November 2.

HDB said the new DBSS site is located in Bedok Town, a choice residential town surrounded by excellent amenities such as the town centre, neighbourhood centres, schools, Bedok Reservoir, parks, cinemas, supermarkets, a library, a swimming complex, as well as sports and transportation facilities.

The income ceiling for buyers of DBSS flats was revised recently.

First-timer households with monthly incomes of up to S$10,000 now have the option to buy new DBSS flats with a CPF Housing Grant of S$30,000.

However, HDB concessionary loan will not be available to these buyers.

Source : Channel NewsAsia – 13 Sep 2010