HDB means Housing and development
Board. It is an organization in Singapore which is responsible for the
development and housing and residential complexes in the country. Singapore is
a small country as it is a small island. The HDB Flats for sale is a statutory board in Singapore of the
Ministry of Development which is responsible for the maintenance of housing
colonies as well as HDB for sale or HDB Flats for sale in the country. The
term is commonly used to refer to low-cost apartments build by the board. 2 rooms
flat with 1 bedroom, 3 rooms flat with 2 bedrooms are the famous ones for the
single living people in the country as the place for these flats are less and
also these are available at very low prices.
Housing and development Board is
formed in 1960. It is credited with clearing up the land from slums and
squatters in 1960s and provides those residents or citizens’ flats at very
affordable prices. Till then the HDB is working very efficiently. The preceding
agency of it is Singapore Improvement Trust.
The jurisdiction applied on it is Government of Singapore. The HDB has a
headquarter in the country in HDB Hub, 480 Lorong 6 Toa Payoh, Singapore
310480. The Agency is also named as Koh Cher Siang, Chairman. Besides this Mr.
Cheong-Chua Koon Hean (Dr.) is the CEO of it.
In the last 1990s, the Housing and
Development Board concentrated to upgrade the existing older-flats, installing
the new facilities such as to install the lifts that stop on every floor.
Studio apartments were specially built to suit the needs of Senior Citizens or
the physically disabled person in the Singapore’s Aging Society. Moreover some
of these flats were bought by the working singles. The most amazing thing in
this is that these were bought up very quickly by these kinds of people.
In July 2003, the Building and
Development Divison of HDB was corporatized to from HDB Corporation Pte.Ltd or
one can say that the board is privatized and it is named as HDBcorp. In short.
HDB corp. was later renamed as Surbana Corporation Pte. Ltd. Earlier the head quarter
was located at Bukit Merah and from June 10, 2002 it was moved to their new
premise which is at Toa Payoh. The Bukit Merah premise is known as Surbana One
in the present time and it became the Headquarter for Surbana Corporation Pte.
Ltd. after the shifting of office of HDB Flats for sale.