Braddell View: End of HUDC scheme | ON TRACK
Forgot your password?
or

Don't have an account? Create An Account

For agents interested in participating on SRX, please contact us at +65 6635 3388 or write to us at feedback@srx.com.sg

ON TRACK

Achieve the life you want, in the home you love
Property News20 Mar 2017

Braddell View: End of HUDC scheme

The Housing and Urban Development Company (HUDC) blocks at Braddell View were converted to a private estate on Friday (March 17), marking the end of the housing programme that started in 1974.

HUDC Braddelll View

Braddell View, comprising 918 flats and two shops, is the largest of the 18 HUDC estates, and the last to be privatised, a Housing Board statement said.

These estates were built in the 1970s and 1980s for the sandwiched middle class. Dwindling demand and larger number of housing choices led to the programme ending in 1987.

A total of 7,731 dwelling units have been converted into private housing, with the privatisation of Braddell View.

The privatisation of HUDC estates was announced in 1995 as part of the government's effort to meet the rising aspirations of Singaporeans to own private housing. It also gave flat owners greater control over the management and maintenance of their estate.

Braddell View had previously obtained the required 75 per cent majority support from flat owners to proceed with privatisation.

It will now be managed and maintained by its Management Corporation Strata Title (MCST) as provided under the Land Titles (Strata) Act, and its existing management committee assumes the role of the council of the management corporation.

Individual owners in the estate will own their respective strata units, as well as the common property as tenants in common.

Four former HUDC estates - in Serangoon North, Hougang Avenue 2, Hougang Avenue 7 and Potong Pasir Avenue 1 - were privatised in 2014.

The Straits Times

Like this article? Share it.
MY PROPERTY
TRACKER
The free, personalized advice, advocacy, and guidance for buying or renting property in Singapore
ON TRACK
Property News 15 February
Condo rents up 0.5%; HDB rents fall 0.2% in January: SRX
In January, rents in the core central region (CCR) decreased by 1.3 per cent, but those in the rest of central region (RCR) and outside central region (OCR) increased by 2.7 per cent and 0.2 per cent respectively.
Property News 15 February
Cairnhill Mansion and Riviera Point finally sold
Riviera Point, at 2 Kim Yam Road, was sold for S$72 million to the Macly Group, a Singapore property developer. Cairnhill Mansions, at 69 Cairnhill Road, was sold to Singapore-listed property developer Low Keng Huat for S$362 million. This was the fifth time it was put up for an en bloc sale.
Property News 14 February
Condo resale prices up 1% in Jan 2018: SRX
The recent trend of island-wide increases was sustained: The core central region (CCR) was up 1.2 per cent month-on-month; with the rest of the central region (RCR) advancing 1.4 per cent; and the outside central region (OCR) rising 0.6 per cent.
Property News 13 February
Pearl Bank Apartments sold for S$728m
The 37-storey development was sold following the close of its collective sale tender on Dec 19, 2017. The building comprises a total of 288 units (280 apartments and eight commercial units), and has a 99-year leasehold tenure with effect from June 1970.

Contact Us

Hello Singapore! I'm Sevi. Ask me any property question.
Chat with Sevi
Sevi - AI Bot
Replies in seconds
Need to speak to someone? 6635-3388
Sevi
I'm Sevi, your personal assistant.

You can ask me basic property questions about transactions, listings, project info and X-value.

Some Examples:

1. Where is Gem Residences located?
2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m?
3. For how much can I sell my property?
4. What are the latest transactions in Bayshore Park?
5. Is it cheaper to buy HDB in Tampines or Jurong East?
6. What is the plot ratio for The Sail?
7. How many blocks are there in Ang Mo Kio Ave 3?

Type RESET or HELP whenever you need.