Reason Why DBSS Stop 😯

[Milodrink]

I'd rather choose EC, dbss not here, not there
The only good thing is to siam levy

What levy?

 

[Milodrink]

The peak and city view owners laughing to the bank

Some buyers have also raised the issue of future financing options. Cash-out refinancing, for instance, could eventually be done for a fully-privatised EC (provided the borrower meets the usual eligibility requirements). But this can never be done for a DBSS flat.

 

[ricogan427]

What Is The Difference Between DBSS And HDB Flat? Unlike a regular HDB flat that is developed by HDB, a DBSS flat is developed by a private developer. The interior will resemble a private condo unit more than an HDB flat. However, DBSS flats are still considered to be HDB flats and are subject to HDB rules.

The Design, Build and Sell Scheme (DBSS) was discontinued due to a combination of factors, primarily high prices and quality issues. The scheme was intended to offer a middle ground between regular HDB flats and private condominiums, but ended up facing public backlash for pricing that was too high for many buyers and for quality concerns in some developments.

• High Prices:
  DBSS flats were priced higher than standard HDB flats, sometimes even reaching prices comparable to Executive Condominiums (ECs). This was particularly problematic as the scheme was meant to cater to those who could afford slightly more than regular HDB buyers, but not necessarily an EC. The high prices, especially for five-room flats in projects like Centrale 8 in Tampines, caused public outcry.
  
  
• Quality Concerns:
  Many buyers reported issues with workmanship and finishing in DBSS flats, despite paying a premium. Complaints included narrow corridors, poor quality materials, and defects like popping tiles and cracks. These issues were not isolated to one development but were found in several DBSS projects.
  
  
• Public Perception:
  The combination of high prices and quality issues led to a negative public perception of the scheme, making it less popular and ultimately leading to its suspension. The Housing and Development Board (HDB) reviewed the scheme and ultimately decided to halt future land sales for DBSS projects.

In essence, the DBSS scheme failed to deliver on its promise of offering a desirable middle ground between standard HDB flats and private condominiums, leading to its discontinuation.

I bought a DBSS 4 room flat at Yew Tee, CCK St 64 (across Yew Tee station) in 1995. 4 units on every level. This is the first DBSS flat with a penthouse with underground car park where the lifts serve every floor.

 

[Milodrink]

DBSS like not here or there.

DBSS flats are expensive for what they bring; that’s one of the main reasons they were discontinued to begin with.

These units are in a bizarre place investment-wise: they’re much more expensive than regular flats, but without the common facilities of a condo, and lower collective sale prospects toward end-of-lease. This limits the upside potential, with prospective buyers often questioning why they wouldn’t buy, say, a resale EC instead.

 

[Milodrink]

I bought a DBSS 4 room flat at Yew Tee, CCK St 64 (across Yew Tee station) in 1995. 4 units on every level. This is the first DBSS flat with a penthouse with underground car park where the lifts serve every floor.

Interesting

https://www.geomancy.net/forums/topic/14777-feng-shui-of-hdb-pasir-ris-one-just-top/

 

[Sutebenu]

First gen DBSS owners already laughing to the bank while you smirking at their corridor size.

 

[Milodrink]

What is this bridge abt?






https://cepl.sg/index.php/residential/57-hdb-sembawang-n1c13

 

[Flexamoria]

What levy?

Sale levy lor
For 2nd time new flat buyer

 

[fandango]

Small and expensive and poor workmanship

 

[Itsthatguy]

Wah like this ah.

Ok. See few liao..

Corridor like cannot breathe lol


That said if Bbfa is ok since daily coop at home inside.

If price deal can close eye buy.

Looks like those old one room rental flat corridor

 

[matrix05]

I'd rather choose EC, dbss not here, not there
The only good thing is to siam levy

Dbss huat more than EC of the same year.

 

[xcodes]

Wah like this ah.

Ok. See few liao..

Corridor like cannot breathe lol


That said if Bbfa is ok since daily coop at home inside.

If price deal can close eye buy.

but if two bbfa come out to the corridor at the same time ... hard to squeeze through each other lah ...

 

[Ayuready?]

10 kkj dbss bagholder reporting in…

 

[Skoda29]

Chinese developers spoilt the DBSS scheme.

 

[focus1974]

What is this bridge abt?






https://cepl.sg/index.php/residential/57-hdb-sembawang-n1c13

will this become a popular jumper spot?

 

[kodomo80]

u all talk bto and ec until nothing to talk liao, now talk about dbss ar

 

[mirukuboi]

Gap between 5-room flat in prime area, dbss, ec too small.

 

[ahboy82]

please remove EC as well.

THere should only be HDB and Pte Condo.

No money to buy condo, buy HDB.
there is no EC.

Can u dun like that, we aspire buy condos like ec too

 

[Milodrink]

Can u dun like that, we aspire buy condos like ec too

If u only can afford 1 property then Better investment also.

In few years HDB and condo price is close liao