The first housing estate built was Marine Parade on reclaimed land. Many flats are located in East coast park which have magnificent sea view. Marine Parade is a town well served by famous commercial complex Parkway Parade, schools, shops. This city houses for many offices and a shopping centre. Katong/Joo Chiat area, and ethnic Peranakan enclave are nearby which charm easily. Beautiful architecture Shophouses are found on the roads here. The area is famous for myriad famous eateries. Although there is no MRT, station nearby it is short ride away from Eunos Coast Parkway and only 15 to 20 minutes drive to the town. Marine parade is a city and urban planning area in Singapore to east of Central area. The major housing estates in the Merine parade are Amberville, Bayshore Park, Coast Del Sol, Cote D’Azur, D’Ecosia, Fernwood Towers, Laguna Park, Lagoon View, Mandarin Gardens, Neptune Court, Ocean park, Qifuat Terraces, The Bayshore, and The Seaview. Merine Parade is served by Marine Parade Town Centre consisting of many neighborhood shops. The town is famous because it is next to East Coast park which is famous seaside weekend gateway for water sports and leisure.

The Housing and Development Board HDB is public housing authority of Singapore. HDB flats has become the most sought properties in Singapore because they are comparatively affordable. HDB estates are having facilities like playgrounds, schools, shopping centers, clinics, supermarkets and more. The reason why millions today choose HDB flats is because of the amenities. They are coupled with ease transportation. Knowing some information about Singapore HDB flats, you will be in a better position to choose this as your next property to buy. There are 6 types of HDB flats available to purchase. All will undergo upgrading works according to the requirement of the people. These types are Studio Apartments, 2,3,4,5 room flats and executive units. Studio apartments are the smallest and requires least maintenance. They are usually used by elderly persons and built by up to date equipments.

For qualifying as applicant for HDB flat, there are various criteria to be fulfilled. You should fulfill the HDB regulations like Balloting Exercise BE or Built To Order BTO process. The BE involves buyers balloting for the existing HDB flats. Whereas BTO involves owners of the preferred location, giving tenders for the construction of the estate. You must check many government websites to ensure eligibility for applying for the HDB flat at the required location. Other things that you require is the use of Central Provident Fund CPF and Medisave fund levy costs.

There are lots of features that require when choosing the type of Singapore houses for purchasing or renting. They are location, accessibility, and cost. Selecting the right location is required to confirm that it is nearby to work place, amenities, and children’s schools. If the flats are close to Central Business District the rental and purchase costs will be more. After finding the location comfortable, you should then find the cost and ensure whether it is within your budget. Rental and purchase costs changes from location to location and size and number of rooms the flat has.

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Billy Chen 曾庆义

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