HDB's Policy and Plans on Handling of Flats Acquired Under Ethnic Integration Policy Buyback Assistance Measure
Leong Mun Wai questioned the Minister for National Development about HDB's policy on disposing of flats that have been compulsorily acquired or bought back under the Ethnic Integration Policy. Desmond Lee responded that HDB currently owns about 150 such units. These units will typically be offered for sale progressively through HDB’s Sale of Balance Flats exercises and open booking of flats.