Belvia - a Design, Build and Sell Scheme (DBSS) project situated along Bedok Reservoir Road - has received good response mostly from first-time buyers. At the first phase of booking from November 7 to 9, the development which was reserved mainly for first-timers saw a take-up rate of more than 40 percent. Belvia is a 488-unit project by CEL Development and the first DBSS project in the mature Bedok...
DBSS Flats
The latest Design, Build and Sell Scheme (DBSS) development, Trivelis, has received a total of 2,877 applications when it closed on Monday. There are 888 units - this means there are 3.26 people vying for each unit. The development along Clementi Avenue 4 is the first DBSS project in the area. 60 per cent of applicants are first time buyers. The units have an average indicative price of S$650 per square...
Strong application rates are expected for Trivelis, a new Design, Build and Sell Scheme (DBSS) project in Clementi which was launched on Wednesday. Located at Clementi Avenue 4, Trivelis is the first DBSS development in the area. Trivelis is also situated right next to Clementi MRT station and Clementi Mall. E-application started on Wednesday and will last till October 31. As of 9pm, there were about...
A new Design, Build and Sell Scheme (DBSS) project, Trivelis, will be launched this week at Clementi Ave 4, about five minutes from Clementi Mall and the MRT station. The developer of the project, EL Development Pte Ltd, has also released indicative prices for the units - S$375,000 to S$470,00 for a 3-room flat, S$530,000 to S$650,00 for a 4-room unit, and S$658,00 to S$770,000 for a 5-room flat. More...
The Lake Vista project under the Design, Build and Sell Scheme (DBSS) at Yuan Ching received some 1,000 applications as at 4pm Monday. With 682 units available, this means that there are three applications for every two units, said developer Hoi Hup Sunway Pte Ltd. Applications will close at midnight on Monday. Analysts said demand for the Lake Vista project was as expected and not overwhelming....
Applications for the DBSS project in the Jurong lake district opened on Tuesday. As of 6pm, Lake Vista@Yuan Ching has received 100 applications. And developers are confident the applications will soar over the weekend. The 682-unit public housing project comprises 3-, 4- and 5-room apartments. Prices of 4-room flats range from $481,000 to $575,000. Despite other DBSS projects also coming up in Bedok...
Analysts said flats sold under the Design, Build and Sell Scheme (DBSS) may be losing their relevance, as the gap in the housing market they previously served is now covered by Build-To-Order (BTO) flats. The income ceiling to qualify for a BTO flat was recently raised to S$10,000 - the same as DBSS flats. Since the public outcry over the record-breaking asking prices of a previous DBSS launch, Centrale...
A Design, Build and Sell Scheme (DBSS) project in Bedok is set to be launched this week. The project, Belvia, is one of a few projects for which tenders were given out before the government announced it will put DBSS projects on hold. CEL Development said on Monday e-applications for Belvia -- a 488-unit project comprising three-, four- and five-room units in Bedok -- will open from 14 to 18...
The pool of potential home buyers for Design, Build and Sell Scheme (DBSS) and Build-To-Order (BTO) flats is now the same, as the government is keeping the monthly income ceiling for DBSS flats at S$10,000. National Development Minister Khaw Boon said yesterday that buyers with a monthly income of up to S$10,000 now have a choice between DBSS and BTO flats. He said that those who can afford DBSS flats...
It was a slow start to the first weekend of the walk-in-and-buy phase of the most expensive Design, Build and Sell Scheme (DBSS) flats to hit the market. When MediaCorp visited the showroom of Centrale 8 on Saturday at 6pm, around 20 families were viewing the project. A board which listed the availability of the 708 units in the project, said around 35 per cent of the flats have been sold since the...