Random News, Singapore News

New 3Gen flats for multi-generation families

Spotted on XinMSN:

New 3Gen flats for multi-generation families

SINGAPORE: The Housing and Development Board will pilot a new type of Three-Generation (3Gen) flats to cater to multi-generation families living under one roof.

Homebuyers will be able to apply for 3Gen flats starting from next month’s Build-To-Order (BTO) exercise.For a start, 80 of these flats will be piloted in Yishun. The flats will feature four bedrooms and three bathrooms, with an internal floor area of about 115 square metres. This is slightly bigger than an existing 5-room flat, which is about 110 square metres in size.

To be eligible for the 3Gen flats, applicants must form a multi-generation family comprising a married or courting couple and their parents.

But there are some restrictions — subletting of rooms will not be allowed during the five-year minimum occupation period. After fulfilling the minimum occupation period, the flats can only be resold in the open market to other eligible multi-generation families.

The National Development Ministry said this is to ensure that the 3Gen flats actually serve their target group. Minister for National Development Khaw Boon Wan said: “We really want extended families to live together for real — not to gain, to get a bigger flat, but seriously wanting to live together because they can help support each other — grandparents looking after grandchildren because most parents are working couples.

Read more:XinMSN

Other than that, I also spotted this:

1. Enhanced Multi Generation Priority Scheme

2. Enhancement of the Special CPF Housing Grant

3. Enhancement of the Special CPF Housing Grant

Your thoughts? ;/

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Author: mitsueki

Hello! I'm mitsueki aka Daphne and I blog at mitsueki.sg! Follow me on IG for more updates too!

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