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End of HUDC programme as Braddell View goes private

SINGAPORE — The privatisation of Braddell View estate marked the closure of the Government’s privatisation programme for Housing and Urban Development Company (HUDC) estates on Friday (March 17).

SINGAPORE — The privatisation of Braddell View estate marked the closure of the Government’s privatisation programme for Housing and Urban Development Company (HUDC) estates on Friday (March 17).

The Housing and Development Board (HDB) said in a press release that Braddell View obtained the required 75-per-cent majority support from homeowners to proceed with the privatisation.

As of Friday, it was converted into a strata-titled estate under the Land Titles (Strata) Act, meaning it will no longer be governed by the HUDC Housing Estates Act. The individual homeowners will own their respective strata units, as well as the common property as tenants-in-common, HDB said.

There are 918 flats and two shops in Braddell View, and it is the largest among the 18 HUDC estates in Singapore, which now comprise 7,731 residential and 15 shop units.

HUDC flats were built in the 1970s and 1980s as a housing option for middle-income citizens and their families. HDB stopped building HUDC flats in 1987 as demand for them declined.

These flats were built in four phases. The first two phases, comprising six estates, were sold by HUDC Private Limited.

In 1982, HDB took over the management of these estates.

Another 12 estates in the third and fourth phases were sold by HDB.

In 1995, as part of the Government’s effort to meet the rising aspirations of Singaporeans to own private housing, the privatisation of HUDC estates was announced. It was also meant to give homeowners greater control over the management and maintenance of their estate.

The first estates to be privatised in 1996 were Gillman Heights near Alexandra Road (now redeveloped as The Interlace condominium) and Pine Grove, near Pandan Valley.

Other estates that went private in later years include Farrer Court (redeveloped as D’Leedon condominium), Chancery Court along Dunearn Road, Laguna Park in Marine Parade, and Eunosville along Changi Road.

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