HDB will tweak the Married Child Priority Scheme (MCPS) from this month’s Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises.
MCPS will now be a quota-based priority scheme to offer eligible applicants higher chances of getting a flat. Previously, families who wish to live with or near each other are granted extra ballot chances for their new flat application.
Now, up to 30 percent of the flat supply will be reserved for MCPS first-timer families and up to 15 percent for second-timer families.
Under the enhanced MCPS, first priority will be extended to parents and married children who apply for a flat to live in together. Parents who give up their flat in a mature estate to move into a BTO flat near to their married child in a non-mature estate will also benefit as a first priority.
HDB will offer about 4,277 BTO flats in Sembawang, Sengkang, Tampines and Yishun in November. A concurrent Sale of Balance Flats (SBF) exercise will releasr an additional 3,000 flats.
MCPS applicants make up about one quarter of flat bookings at each exercise, HDB said in a statement.
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
