The HDB will be building two-room flats for the first time in 20 years. The first such project will be at Fernvale Vista in Sengkang. The HDB will build 86 two-room flats at Fernvale Vista and will consider building more if there is a demand. These will be ready in three to four years.
With a price tag of between $54,000 and $75,000, they are targeted at the low-income group - those with a monthly household income of $1,000. To help low-income families with urgent housing needs, the HDB will convert about 180 five-room and executive units in Jurong West and Sengkang into 2-room and 3-room flats. They will be available by the year-end.