29 Aug '13, 5am

New 3Gen flats launching in Sept #PR

The housing board will launch new three-generation (3Gen) flats next month in Yishun to encourage multiple generations to live under one roof, media reports said. Although unsure if demand will be strong, National Development Minister Khaw Boon Wan said he supports its “social objective”. “We really want extended families to live together, for real, and not to game it to get a bigger flat...If it works, we will build more,” he added. Measuring 115 sq m, the new flat type comprises four bedrooms and three bathrooms. It is also larger by five sq m compared to current five-room units. Applicants should comprise a courting or married couple and their parents. During the five-year Minimum Occupation Period (MOP), the rooms cannot be sublet. After that, the flats can be resold in the open market to multi-generation families who qualify. HDB has also revised its Multi-Generation ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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