{
  "id": 9720242,
  "title": "HDB to review flat conversion scheme after concerns raised over Telok Blangah resale listing",
  "url": "https://urgent.news/2026/09/25/hdb-to-review-flat-conversion-scheme-after-concerns-raised-over-telok",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-25T06:49:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/singapore/telok-blangah-jumbo-hdb-resale-flat-conversion-scheme-review-6410286"
  },
  "original_language": "en",
  "account": "The Housing and Development Board (HDB) is reviewing its Conversion Scheme following public concerns over a recent resale listing of a combined flat in Telok Blangah. The flat, created by merging two three-room units at Block 93B Telok Blangah Street 31, was listed for S$2.18 million on PropertyGuru, sparking discussions about the pricing of such jumbo flats. HDB received complaints from the public about the listing price, which is significantly higher than comparable transactions in the area. The government emphasized its commitment to affordable and accessible public housing and stated that it will conduct a review of the scheme. The Telok Blangah flat, which has a remaining lease of 91 years, was purchased in December 2017 and August 2021, respectively. HDB noted that the listing price is around 40% higher than the estimated value of two similar three-room flats, potentially leading to a substantial Cash-Over-Valuation if a transaction proceeds. Prospective buyers are advised to conduct thorough research and evaluate housing options carefully to avoid overpaying.",
  "summary": "The scheme allows eligible owners of 3-room or smaller HDB flats who require more living space to apply to combine their flat with an adjoining unit to form a larger unit.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNA - Singapore",
        "title": "HDB to review flat conversion scheme after concerns raised over Telok Blangah resale listing",
        "url": "https://urgent.news/2026/09/25/hdb-to-review-flat-conversion-scheme-after-concerns-raised-over-telok-9720459",
        "published": "2026-09-25T06:49:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}