Singapore Families Gobble Up New 3Gen Flats

Singapore Families Gobble Up New 3Gen Flats

As Singapore’s housing market expands and changes, the Housing and Development Board (HDB) is working hard to keep up with new market demands. One of its recent initiatives is the Build-To-Order (BTO) sales exercise, which offers new flat owners the chance to customise their flats before they are constructed. Find out who can apply for the upcoming batch of 3Gen flats and how flat owners can customise these homes.

Generations Coming Together

The next set of BTO flats targets multigenerational families. HDB plans to construct these new 3Gen flats in Yishun, starting in May 2018. Any married couple or courting couple, along with at least one set of parents, may apply for space in the 3Gen flats. The flats will be situated not far from the Lower Seletar Reservoir, right next to a neighbourhood park.

Once a family is approved for residence in one of the new flats, they must remain there for a minimum occupation period, which is currently set at five years. After that, the owners can resell the flat on the open market, but only to another multi-generational family.

HDB Interior Design for 3Gen Flats

The interiors of these flats is relatively spacious (115 square metres of floor space) when compared with other types of HDB homes that are more space starved . There are typically four bedrooms, two of which include en suite bathrooms. Another bathroom is available for general use.

The extra bedrooms are a welcome option for many Singaporean families, who often have to squeeze into smaller flats in order to accommodate elderly parents with care needs. Thanks to the four-bedroom layout, these families now have the option of a little privacy, while still remaining together in the same home.

Popularity and Demand

HDB has built many of the flats since the BTO 3Gen project began, back in 2013. Recent developments at Tampines GreenVerge, Tampines GreenRidge, Punggol BayView, and Saraca Breeze have been extremely popular, with applicants quickly gobbling up the available units.

Not only are the Yishun flats brand-new, they also offer buyers the chance to take advantage of a newly expanded housing grant, which gives thousands of dollars to families, couples, or singles who are buying a flat in order to live with or near their elderly parents.

A Fresh Interior Design

While Home Guide does plenty of work with local businesses, we also excel at crafting beautiful, customised residential home interior design. Whether your style is ultra-modern, retro chic, fun and practical, or rustic with an industrial edge, we’ve got the skills to make the vision a reality. It’s amazing what can be done with some streamlined built-ins, smart furniture choices, and the right combination of colours and textures. From lighting fixtures to wall coverings, from flooring to finishing touches, we do it all.

If you’re ready to explore some upgrade options or to rethink your home with an interior design company in Singapore with decades of experience, contact Home Guide today. Our residential interior design experts are always ready to answer your questions and let you know how you may be able to customise your home.

Related Posts

Interior Design Tips for Better Product Placement and Display in Your Store

What does it take to impress the visitors in your store? The quality of products is obviously important but even the best of items are going be put down by poor display choices. Retail interior design puts heavy emphasis on…

A Guide to Choosing the Best Commercial Interior Design Team for Your Office

Office interior design serves several purposes. The aesthetic appeal is an obvious one but it’s not the most important consideration. Office interiors have to be comfortable and practical to give people working at the company everything they need throughout the…

retail interior design nid doiseaux

Curb Appeal: How Important Is It for a Singapore Retail Venue?

In the world of interior design, emphasis is obviously placed on what’s inside a building or a commercial venue. Retail interior design focuses on traffic control, product placement, the creation of comfort and areas that slow down traffic. One element,…

singapore interior design residential bukit batok HDB

The HDB Guide to Proper Home Maintenance

HDB apartment owners in Singapore have certain rights but a few responsibilities come alongside the possession of such a flat. The HDB has issued guidelines for the proper care and home maintenance. If you’ve just moved into a HDB apartment…

tanglin halt HDB living room home interior design singapore

Bigger HDB Flats Considered the Future of HDB Housing?

Demographic specifics and population dynamics in Singapore are having a profound impact on the residential real estate market and the need for effective home renovations. According to some analysts, bigger HDB flats will soon be the future of housing in…