In 1989, there was a massive oversupply of flats in Woodlands and Yishun.
That said, many jumbo flat owners decide to partition the additional living area into an extra bedroom. A jumbo flat would give flat owners 15 to 30 per cent greater floor area than the biggest regular HDB flats. Remember, these are HDB properties, so you can use an HDB loan rather than taking on a private bank loan, meaning you can get up to 85 per cent financing.Jumbo HDB flats are the answer to the prayers of big families. The whole kampong can now live under the same roof.
This arrangement enables you to net a stable rental income without having to move out or sacrificing privacy . And just last May, Woodlands became the third non-mature estate to join the club when two jumbo flats were sold for at least a million dollars.
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