HDB is Singapore's public's housing authority therefore it is under the strict direction of the Ministry of National Development. The Housing and Development Board is an extremely common characteristic of Singapore real estate listings in Singapore with more than 80% of Singaporeans residing in public housing.
Purchases of HDB flats are limited to Singaporeans and Permanent Residents. The key priority of HDB is constructing its own communities within its own city. Thus providing the individuals living in the neighborhood better space and interaction without the elegance of the races. It gives the people a chance to live with racial harmony and permit opportunities for individuals of different cultures to mingle in with one another.
3 Rooms: 2 bedrooms with an integrated area of about 754 sq ft. 4 Rooms: 3 bedrooms with an integrated area of about 969 sq ft. 3\/4 bedrooms with built-in area of about 1, 615 sqft. Same as Executive apartment, except it's two levels. With all of these spacious apartments which all depend on your purchasing power or your pocket. One has to fit to the construction given by the regulators of the HDB on rent these flats. The leases for HDB flats can differ from place to place and based upon its extravagances and facilities. The standard rent rate varies from S$2500, dependant on the region and its comforts. HDB apartments are an extremely secure region and especially when the property is going up, it'll become more safe keeping the everyday terrorist threats at heart. The HDB flats may also be purchased, but with all the motivation.