DBSS stands for Design, Build and Sell Scheme, which is a housing program implemented in Singapore. It is a specific type of public housing scheme that combines the design and construction of housing projects with the selling of these units to eligible buyers.
Under the DBSS scheme, the government appoints private developers to design and build public housing projects. These projects typically offer a variety of housing types, such as apartments or condominiums, and are targeted at middle-income families who do not qualify for public rental flats yet might struggle to afford private property.
Buyers of DBSS units must meet certain eligibility criteria. This usually includes being a Singapore citizen, having a certain income ceiling, and not owning any other property. The units are sold on a leasehold basis, typically for a period of 99 years.
DBSS projects are known for their modern and stylish designs, with developers often incorporating innovative features and amenities. The aim is to offer public housing that provides higher-quality living environments and more diverse housing options, while still remaining affordable.
DBSS units are typically offered through a competitive tender process, and successful developers are responsible for financing the construction and sales of the units. The government provides guidelines and requirements to ensure the affordability and quality of the housing units developed under this scheme.
Overall, the DBSS scheme is part of Singapore's efforts to provide affordable and quality housing options for its citizens, catering to the needs of middle-income households who aspire to own their homes.
