Category: HDB News

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HDB’s annual deficit rises to S$1.7 billion as more flats sold

HDB’s annual deficit rises to S$1.7 billion as more flats sold

The Housing Development Board (HDB) incurred a net deficit of S$1.7 billion in the financial year 2017/18 as compared with S$1.2 billion in the previo ...
HDB resale prices and volume falls in September from August: SRX

HDB resale prices and volume falls in September from August: SRX

HDB resale prices dropped 0.7 per cent in September from August, and by 2.1 per cent compared to a year ago, according to flash figures released by SR ...
No plans by Govt to buy back flats affected by ethnic quotas

No plans by Govt to buy back flats affected by ethnic quotas

National Development Minister Lawrence Wong has turned down an MP's suggestion that the Government buy back HDB flats from owners who cannot sell them ...
More appeals made for waiver of HDB’s ethnic integration policy

More appeals made for waiver of HDB’s ethnic integration policy

Home owners made a total of about 1,600 appeals between 2015 to 2017 to waive the ethnic integration policy, said National Development Minister Lawren ...
3,100 households have taken up Lease Buyback Scheme; mostly 3-room flats: MND

3,100 households have taken up Lease Buyback Scheme; mostly 3-room flats: MND

About 3,100 households have taken up the Lease Buyback Scheme (LBS) since its introduction in March 2009, said National Development Minister Lawrence ...
HDB resale prices down slightly in Q3, continuing declining trend

HDB resale prices down slightly in Q3, continuing declining trend

Prices of resale flats for the third quarter fell 0.2 per cent, continuing a declining trend, according to flash estimates released by the Housing and ...
A nightmare scenario, Ang Mo Kio emptying out in 20 years

A nightmare scenario, Ang Mo Kio emptying out in 20 years

At the 2018 National Day Rally, Prime Minister Lee Hsien Loong highlighted efforts by the Government to rejuvenate and redevelop older HDB towns to av ...
Mind the varied impact of HDB schemes on different groups of home owners

Mind the varied impact of HDB schemes on different groups of home owners

Almost 60 years since the Housing Development Board (HDB) was established, a new concern has arisen – expiring leases of old HDB flats. While most ...
HDB resale flats to become less attractive, as buyers look for better store of value: Credit Suisse

HDB resale flats to become less attractive, as buyers look for better store of value: Credit Suisse

Stating that the proposed Voluntary Early Redevelopment Scheme (Vers) is “not a panacea” to the public housing lease decay issue, a Credit Suisse repo ...
EC site at Anchorvale Crescent gets 7 bids

EC site at Anchorvale Crescent gets 7 bids

An executive condominium (EC) site along Anchorvale Crescent received seven bids at the close of the tender on Friday (Sep 14), with just S$899 separa ...
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