HDB flats under the Design, Build and Sell Scheme (DBSS) being offered for sale this month are all but certain to cost less, as developers try to avoid a repeat of the negative reaction to a previous launch in June.
DBSS flats are designed and sold by private developers and typically come with fittings and better designs than standard build-to-order (BTO) HDB flats. Their prices reflect that premium.
Two of the three developers behind the newest projects say the prices will be pegged to market sentiment, following a public outcry over record-breaking asking prices for flats in Centrale 8 in Tampines which rivalled that of executive condominiums (ECs).
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