HDB confirms 2 Telok Blangah flats combined & listed as 1 unit for sale at S$2.18 million legitimate, will review Conversion Scheme following public concern
HDB said the total price of two such flats would be around S$1.54 million, based on past transactions.
Two adjacent three-room HDB flats were combined into one larger unit and sold for S$2.18 million on September 19, 2026. The combined unit, a five-bedroom corner flat in Block 93B Telok Blangah Street 31, raised questions due to its asking price and remaining lease. The two flats were purchased by the owners in December 2017 and August 2021, respectively, and approved for sale under the Conversion Scheme.
This scheme allows eligible owners to combine their flat with an adjoining unit on the open market, subject to citizenship and household requirements. HDB confirmed the listing's legitimacy but noted the price was significantly higher than comparable transactions, which ranged from S$673,000 to S$771,000 for individual three-room flats.
The housing board expressed concern over the substantial cash-over-valuation and advised buyers to conduct thorough research and evaluate their housing options carefully before purchasing. HDB will review the Conversion Scheme to address public concerns about the listing.
Written by urgent.news from Mothership's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
