http://www.channelnewsasia.com/news/singapore/new-3gen-flats-for-multi/792042.html
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 (MOP).
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.
The last time HDB built such multi-generational flats was in a pilot project back in 1987. These flats were built in three locations -- Yishun, Tampines and Bishan.
The scheme was later stopped because of the lack of demand.
However, some housing analysts expect the take-up rate for the new 3Gen flats to be good. To support even more multi-generation families, the existing Multi-Generation Priority Scheme will also be enhanced.
Under the enhanced scheme, fifteen percent of the supply of studio apartments, 2-room and 3-room flats in a BTO project will be set aside for parents applying for it. The same number will be set aside for their married children.
In total, about 400 pairs of new flats will be offered under the Multi-Generation Priority Scheme in the September and November BTO exercises.
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