HDB pilots new open concept ‘white flats’ in October BTO exercise
Christine Sun, main researcher & strategist at OrangeTee Group, points out that such “white plan” concepts that provide buyers the possibility to personalize the design of their units were offered only in upscale special homes before.
For example, four-room flats today have 3 bed rooms. Young partners with no children yet might not require all three rooms now. A white flat lets them to parting the area with furniture pieces or glass dividings. In the future, when they have kids, the space could be repurposed, and the rooms added, adds Lim.
However, she includes that the brand-new design might have a possible downside when offering the unit in the future as it may interest a smaller pool of buyers.
HDB is going to pilot a brand-new open approach design in the October Built-To-Order (BTO) event, declared Desmond Lee, Minister of State Development, at a keynote on May 27.
“It gives the design of the HDB flat to be tailor-maked and re-configured as family may need change,” comments Eugene Lim, major executive officer at ERA Singapore.
He points out that those who intend to refurbish their new level could even see price reductions as they will not require to break walls, unlike those purchasing the common HDB apartments.
“Public housing apartments that come with the white plan can be an original for some prospective buyers”, claims Sunlight.
According to the HDB, the non-provision of inner partition walls for such white apartments will be factored right into the pricing. Property buyers might opt into the new style when they are welcomed to book their flat.
Compared to occurring apartments, these “white condos” will definitely have contiguous living and room spot without columns or parting wall surfaces. The very first collection of such white apartments will be made available at the Kallang-Whampoa BTO plan, with 310 three- and four-room units.
In spite of this, Sun anticipates that any type of possible cost contrast would not be substantial as the building of non-structural walls is cheaper.
An example is Far East Organization’s Inessence label of ultra-luxury houses, like Alba, Boulevard Vue and Skyline @ Orchard Boulevard in the prime neighborhoods of Orchard Roadway. The “white plan” strategy permitted buyers to customise their units.