HDB News

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...

The Housing and Development Board on Monday released two executive condominium (EC) sites, one along Fernvale Lane and the other on Tampines Street 62. Both 99-year leasehold land parcels can yield up to a total of 1,100 residential units. The Fernvale site was launched for sale by public tender, under the confirmed list of the H2 2019 government land sales (GLS) programme. It spans some 17,130...

More flats will be built next year to meet greater demand for public housing, National Development Minister Lawrence Wong said on Monday (Dec 16). Between 16,000 and 17,000 Build-to-Order (BTO) flats will be launched next year, up from 14,600 flats this year, he said. In a post on his ministry's blog, Mr Wong said that the Government was "doubling down on our efforts to build affordable flats and...

Around 16,000 to 17,000 Build-To-Order (BTO) flats will be launched in 2020 to meet additional demand following key policy changes this year, National Development Minister Lawrence Wong announced in a blog post on Monday morning. New flats will be available in Sembawang and Toa Payoh next February and in May, new flats will be launched in Choa Chu Kang, Tengah, Pasir Ris and Tampines. The Ministry...

Housing Board resale prices have notched their biggest month-on-month increase this year despite a smaller number changing hands, according to flash data from real estate portal SRX Property on Thursday. Resale prices, which through most of 2019 have moved within a -0.2 to +0.2 per cent range, rose 0.6 per cent in November from October. It is the biggest monthly increase since January's 0.5 per cent...

The Housing and Development Board (HDB) has launched 8,170 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Tuesday (Nov 12). The launch includes 4,571 BTO flats in Tengah, Tampines and Ang Mo Kio as well as 3,599 SBF flats across various towns and estates. This brings the total number of BTO flats offered this year to...

More HDB resale flats were sold last month compared with previous months after higher grants and income ceilings for first-time buyers took effect in September, according to flash data from real estate portal SRX Property. In all, 2,213 HDB resale flats changed hands, an 18 per cent increase from September, SRX said on Thursday. Compared with a year ago, the resale volume was 10.6 per cent...

Demand for HDB resale flats remained resilient in the third quarter this year with more than 6,000 units being transacted, buoyed by "generous incentives" and policy initiatives dished out by the government, OrangeTee & Tie said on Wednesday in its latest quarterly report on HDB trends. Overall, HDB resale prices rose 0.1 per cent for the quarter, snapping a streak of four consecutive quarterly...

The number of resale transactions in Singapore's public housing market fell slightly in the third quarter as prices inched up, the Housing and Development Board (HDB) announced on Friday (Oct 25). The prices of resale flats rose by 0.1 per cent in the three months ending September, confirming flash estimates announced at the start of the month. The resale price index - which provides information on...

The Housing and Development Board (HDB) saw its annual deficit rise to nearly S$2 billion in the 2018/19 financial year from S$1.7 billion the previous year, with the number of new flats sold falling significantly. According to its annual report released on Wednesday (Oct 23), HDB recorded a deficit of S$2.4 billion from its housing programmes, which was offset by a S$462 million surplus from “other...