Despite a significant ramping up in the Build-To-Order (BTO) programme over the last four years, the quality of the flats has not been compromised, Minister of State for National Development Desmond Lee said in Parliament on Monday (Jul 13). Responding to questions from several MPs on defects in BTO flats, Mr Lee said that an average of one-third of all new residents approach the Building Service Centre...
HDB News
The latest Executive Condominium (EC) project, located in Canberra Drive in the northern part of Singapore, has received relatively strong response in its opening weekend. The Brownstone received about 300 e-applications over the weekend of Jul 11 and 12, with more than 2,000 visitors at its sales gallery. This was despite a highly competitive market with a number of new EC launches in recent...
The glut in the Executive Condominium (EC) market is set to get worse with new launches adding a wave of supply into a housing segment where take-up has been generally lacklustre. On Thursday (Jul 9), developer City Developments (CDL) said applications for The Brownstone EC at Canberra Drive in Sembawang will open from Friday to Jul 20, with bookings to be conducted on Jul 25. CDL did not reveal...
The Housing and Development Board (HDB) resale market showed signs of recovery last month, with the number of units sold reaching a two-year high and prices inching up by 0.1 per cent, the Singapore Real Estate Exchange (SRX Property) said on Thursday (Jul 9). A total of 1,709 HDB resale flats were sold in June, an increase of 8.5 per cent from the previous month and up 30 per cent from a year ago. The...
Your home could eventually be part of a test-bed for solutions to enable smart living. Under Singapore's drive to become the world's first Smart Nation, existing public housing estates will participate in a technology trial to see how devices can be integrated into daily life. The Housing and Development Board (HDB) will conduct the trial, with more details to be provided at a later date. It will gather...
Flash estimates of the Resale Price Index (RPI) for the second quarter of 2015 showed a 0.4 per cent decline in the prices of Housing and Development Board (HDB) flats over the previous quarter, HDB announced on Wednesday (Jul 1). The flash estimate for the index is 135.0, HDB said, down from 135.6 in the previous quarter – an eighth consecutive quarter of decline. The RPI for the full quarter will...
Education Minister Heng Swee Keat will oversee a special taskforce formed to look into the complaints of residents living in the Centrale 8 Design, Build and Sell Scheme (DBSS) estate in Tampines. The move comes after a group of residents had sent a petition to Members of Parliament (MPs) from Tampines GRC about the recurring defects found in their homes. In an email to the residents by the chairman...
The Housing and Development Board (HDB) is moving to bring studio apartments and two-room flats under a single scheme, National Development Minister Khaw Boon Wan announced on a Chinese radio talk show on MediaCorp's Capital 95.8 FM on Tuesday evening (Jun 23). The new scheme, called "2-room Flexi", is currently in its research phase. Under this new scheme, seniors, singles or low-income families will...
Property experts say the Design, Build and Sell Scheme (DBSS) is losing its relevance and should be scrapped. The scheme was suspended in 2011, but came under the spotlight after recent complaints by residents over defects in their new DBSS flats. The Housing and Development Board (HDB) says the scheme is not currently its priority. One four-room DBSS unit at Ang Mo Kio gave its owner nightmares....
Developers of executive condominiums (ECs) are becoming more creative in their efforts to attract buyers amid softer market conditions. Some have introduced new types of facilities in their projects, while others are offering yoga, dance and baking classes. An upcoming EC in Sengkang, called The Vales EC, will offer two-storey villa units. They are a sprawling 159 square metres each and come with...