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HUDC Chapter Closes with the Privatisation of Braddell View

  • Published Date: 17 Mar 2017

                With effect from 17 March 2017, the Braddell View HUDC Estate will be converted into a strata-titled estate under the Land Titles (Strata) Act, after having obtained the required 75% majority support from flat owners to proceed with privatisation. With the privatisation, it will no longer be governed by the HUDC Housing Estates Act.

     

    2          Braddell View, comprising 918 flats and two shops, is the largest of the 18 HUDC estates, and the last to be privatized. Its privatisation marks the closure of the Government’s privatisation programme for HUDC estates.

     

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    Braddell View is the last HUDC estate to be privatized, marking the closure of the
    privatisation programme for HUDC estates. 

     

    3          The common property of Braddell View will be managed and maintained by its Management Corporation Strata Title Plan No. 4340 from 17 March 2017, which is constituted on the same day. As provided under the Land Titles (Strata) Act, the existing Management Committee assumes the role of the council of the Management Corporation, and the committee members are deemed to have been elected as the council members. The individual owners in the estate will own their respective strata units, as well as the common property as tenants-in-common.

     

    4          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. With the privatisation of Braddell View, a total of 7,731 dwelling units[1] have since been privatised. The milestones of the HUDC privatization programme are shown in the Annex.

     

    [1] Excluding the 15 shop units in the 18 HUDC estates