408 jumbo flats sold in past 10 years, median price $910,000 in 2025: Chee Hong Tat
A total of 408 converted HDB flats were sold between 2016 and 2025, said Minister for National Development Chee Hong Tat on Wednesday (Oct 7).These flats were transacted at a range of prices, depending on the prevailing market condition, and the flat's location and attributions, he added.He was responding to a parliamentary question from MP David Hoe (Jurong East-Bukit Batok GRC), who had asked for the number of such sales.The first-term MP also asked if HDB assesses such resale prices, and whether they remain within reach of larger households seeking more space while remaining in their existing estate.Converted flats — commonly referred to as jumbo flats — fall under the HDB's Conversion Scheme.Under the scheme, eligible owners of three-room or smaller HDB flats who require more living space can apply to combine their flat with an adjoining three-room or smaller unit, to form a bigger unit.HDB's assessment on the structural feasibility of combing the units must also be obtained before a purchase application can be submitted.If approved, the two units can then be combined into a single flat under one lease.