Tag Archives: Flexi Scheme

Flexi Scheme

With the upcoming Two Room Flexi scheme being put out by the Housing Board, calls for allowing lease extensions for existing studio flat owners and allowing 3rd time buyers to purchase kingsford waterbay have been made.

With continued feedback from public consultation regarding the new scheme, a few residents and property analysts suggested that these options Lorong 1 Toa Payoh Condo be put into place.

The new program will combine the present studio and 2 room apartment schemes, which will allow anyone aged 55 years or older to apply for a 2 room apartment with the option of a shorter term lease of waterbay condo between 15 to 45 years.

Kingsford Waterbay Floorplans Flexi Scheme

The new scheme will be launched in September and will offer shorter lease terms that come in increments of 5 years. A buyer is required to choose a lease term that will last the buyer …