HDB News

HDB launches tender for executive condominium site in Yishun

A executive condominium site in Yishun has been released for sale by public tender, in what analysts noted is the first such sale in the area in about six years. The 99-year leasehold site is located at Yishun Avenue 9 and can potentially yield about 600 homes, said the Housing and Development Board (HDB) in a press release on Thursday (Apr 30). The 21,514 sq m site has a maximum permissible gross...

HDB resale prices unchanged in Q1 after 2 quarters of increase

Resale prices in the public housing market held steady in the first quarter of 2020 amid the COVID-19 outbreak, a contrast to the decline in the private property sector. The resale price index was 131.5, unchanged from the fourth quarter of last year, according to flash estimates released by the Housing & Development Board (HDB) on Wednesday (Apr 1). This compares with two consecutive quarters of...

More housing support for seniors and unwed parents; Re-Offer of Balance Flats exercise to be scrapped

Public housing will become more affordable and easier to apply for, with new housing support announced by National Development Minister Lawrence Wong on Wednesday (Mar 4). Speaking during his Committee of Supply speech, Mr Wong also said that the Housing & Development Board (HDB) will scrap the standalone Re-Offer of Balance Flats (ROF) exercise, with immediate effect. Instead, unselected Sales of...

Parc Canberra EC sells 64% of its 496 units

The 496-unit executive condominium project Parc Canberra has sold at least 64 per cent or 316 apartments at an average price of S$1,085 per square foot (psf) at the weekend launch. Hoi Hup Sunway Canberra said in a media statement on Sunday that it launched all the units of Parc Canberra for sale at 9am on Saturday, after an online balloting exercise was conducted the previous day. As at 4.30pm on...

HDB launches 3,095 flats in Toa Payoh, Sembawang in first exercise of 2020

The Housing and Development Board (HDB) has launched 3,095 flats for sale under the February 2020 Build-To-Order (BTO) exercise, it said in a news release on Tuesday (Feb 11). The flats, ranging from two-room Flexi to three-generation units, are located in the non-mature town of Sembawang and the mature town of Toa Payoh. Canberra Vista is located next to Canberra MRT station and across the road from...

Upbeat start to HDB resale market in 2020 with more flats changing hands in January

The Housing Board resale market started this year on an upbeat note. More HDB changed hands in January compared with December and their prices inched up by 0.5 per cent. In all, 1,920 HDB resale flats were sold last month, 3.3 per cent more than December, according to flash estimates from real estate portal SRX on Thursday. It reversed a 3 per cent slide in December from the preceding month. It...

Parc Canberra executive condo launches, prices start from S$855,000

Parc Canberra, an executive condominium (EC) in Singapore's north region, on Friday launched its sales gallery and online applications. Online applications are open till Feb 10. The booking of units will start on Feb 15. The average price for Parc Canberra units is about S$1,080 per square foot (psf), said its developer Hoi Hup Sunway Canberra, a joint venture between Hoi Hup Realty and Sunway...

Sales of HDB resale flats rose 1.2%, resale prices up 0.5% in Q4 2019

More Housing Board resale flats changed hands in the fourth quarter of last year and their prices inched up, latest public housing figures show. There were 6,339 resale transactions in the fourth quarter, compared with 6,264 cases in the third quarter, the Housing Board said on Thursday. The fourth quarter's figure last year was also 12.5 per cent higher than the number of resale transactions in the...

3% fall in HDB resale flats sold in December even as prices dip slightly

Fewer Housing Board resale flats were sold last month compared to November, with a 3 per cent drop, even as resale flat prices dipped slightly by 0.3 per cent in the same period. In all, 1,858 HDB resale flats changed hands in December, real estate portal SRX Property said on Thursday. Compared to a year ago, resale volume last month was up 29.6 per cent. A total of 22,477 HDB resale transactions...

Prices of HDB resale flats sold in Q4 2019 rose 0.4%

The prices of Housing Board (HDB) resale flats rose by 0.4 per cent in the last three months of 2019 as compared with the third quarter, in what was the largest quarter-on-quarter increase last year, latest public housing figures show. Based on flash estimates, there was no change in resale flat prices for the whole of last year, according to HDB, which released the data on Thursday. As for upcoming...

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