[ By Fann Sim | SingaporeScene – Mon, Jul 4, 2011 ]UPDATE
Netizens have applauded National Development Minister Khaw Boon Wan's recent move to suspend future land sales for the Design, Build and Sell Scheme.
Many welcomed his pro-active approach and also suggested a "back to basics" approach for the Housing Development Board (HDB), while others even called for the scrapping of the DBSS and Executive Condominium scheme.
The comments follow Minister Khaw's decision to suspend future DBSS land sales, an announcement he recently made on his Facebook page.
However, he pointed out that a few DBSS land sites sold last year -- which includes the Centrale 8 site -- will continue with the launch of their sales in the next few months, adding that the old tenders are beyond his control.
It's understood the HDB will also not proceed with the sale of the Bendemeer Road land parcel, which is slated for sale later this month.
The national debate over the DBSS scheme was triggered when property developer Sim Lian Group launched its Centrale 8 development at Tampines last month for a whopping S$880,000 for a five-room flat.
When contacted by Yahoo! Singapore, the Ministry for National Development (MND) confirmed that it is reviewing the scheme as part of an overall review of housing policies and not as a result of Minister Khaw's blog post over the weekend, where he responded to the errors and inaccurate figures used in a recent Business Times (BT) article.
However, he pointed out that a few DBSS land sites sold last year -- which includes the Centrale 8 site -- will continue with the launch of their sales in the next few months, adding that the old tenders are beyond his control.
It's understood the HDB will also not proceed with the sale of the Bendemeer Road land parcel, which is slated for sale later this month.
The national debate over the DBSS scheme was triggered when property developer Sim Lian Group launched its Centrale 8 development at Tampines last month for a whopping S$880,000 for a five-room flat.
When contacted by Yahoo! Singapore, the Ministry for National Development (MND) confirmed that it is reviewing the scheme as part of an overall review of housing policies and not as a result of Minister Khaw's blog post over the weekend, where he responded to the errors and inaccurate figures used in a recent Business Times (BT) article.
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