The Design Build And Sell Scheme (DBSS) was first introduced by then Minister for National Development Mah Bow Tan in 2005. It aimed to involve private developers in the building of public housing to offer buyers with higher incomes a wider variety of housing. DBSS flats do not have full suite condo facilities, such as pools, gyms, etc. as ECs do. It is simply that the unit interiors have a higher quality of finishing, and are more varied than the standardised HDB floor plans.

The DBSS flats suffered from two major issues in their day: workmanship and pricing.

Workmanship issues are the most relevant to buyers, even today. Unfortunately, some DBSS developments were afflicted by complaints.

In this video, we explore how and why the DBSS project was scrapped.

Chapters
00:00 - Intro
00:30 - What is a DBSS flat?
02:36 - Issues on DBSS developments
04:36 - Theory 1: The way DBSS flats were sold
05:36 - Theory 2: DBSS Pricing
06:43 - Closing thoughts
06:57 - Outro

Follow us on our other socials, where we post more property content!

👉 Instagram: https://instagram.com/stackedhomes/

👉 Facebook: https://facebook.com/stackedhomes/

👉 Telegram: http://t.me/stackedhomes

👉 Website: https://stackedhomes.com

For other enquiries: hello@stackedhomes.com

Just want to chat about real estate? You can WhatsApp us at: http://bit.ly/stacked-whatsapp

Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

Editorially independent, our articles are published in-house and do not receive sponsorship. We hope to provide unbiased, reliable content that our readers can use.

#Stackedopinions #propertyinvestment #realestatesingapore #singaporehdb