HDB News

Fewer Housing Board (HDB) resale flats were sold in September compared with the previous month, and their prices fell. In all, 1,875 such flats changed hands, a 4.9 per cent fall from the figure in August, real estate portal SRX Property said on Thursday when releasing its preliminary figures. Compared with a year ago, last month's decline was 6.3 per cent. Four-room flats made up 39.6 per cent of...

Prices of resale flats for the third quarter of this year rose 0.1 per cent from the second quarter, according to flash estimates released by the Housing and Development Board (HDB) on Tuesday (Oct 1). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have jumped slightly from 130.8 to 130.9, following four...

The Government is working out a new pricing model for future public housing in the Greater Southern Waterfront, in order to mitigate the so-called “lottery effect” of obtaining a subsidised flat in a prime area, said Minister for National Development Lawrence Wong on Thursday (Sep 19). His comments come after Prime Minister Lee Hsien Loong said in his National Day Rally speech last month that the...

Home buyers on Wednesday (Sep 11) said that the bigger grants by the Housing and Development Board (HDB) offer them wider options, including buying resale flats if they fail in the bid for a new flat. With the Enhanced Housing Grant (EHG), which took effect on Wednesday, more Singaporeans will be able to get housing grants when they buy their first home. The grant can be used for purchases of both...

The income ceilings to qualify for the purchase of new Housing Board flats will be raised and first-time flat buyers will get more generous housing grants from Wednesday (Sep 11). The household income cap will go up from S$12,000 to S$14,000 for families looking to buy a Build-To-Order (BTO) flat. This increased cap will also apply to HDB housing loans. Those looking to buy an Executive Condominium...

There were fewer Housing Board (HDB) resale flats sold in August compared with July, though resale prices showed a slight increase month on month. A total of 1,921 HDB resale flats changed hands in August, a 9.4 per cent decline from the month before, real estate portal SRX Property said in its flash estimates on Thursday. Resale volume in August was 7.6 per cent lower than the same month last...

Two new Punggol Build-To-Order (BTO) housing estates will pay tribute to Punggol’s history as a fishing village and to one of Singapore’s earliest zoos, the Housing and Development Board (HDB) announced on Sunday (Sep 1). The 2,724 flats within Punggol Point Crown and Punggol Point Cove will be launched for sale in September, and are expected to be completed by 2024. “Tailored to capitalise on...

Measures such as shorter leases and longer minimum occupancy periods (MOP) might help to mitigate the “lottery effect” of public housing at the Greater Southern Waterfront (GSW), experts said. This follows the announcement by Prime Minister Lee Hsien Loong on Sunday that there are plans to build 9,000 private and public housing units on the site of the current Keppel Club when its lease expires in...

Property experts and prospective homebuyers are already upbeat about plans unveiled by Prime Minister Lee Hsien Loong during Sunday's National Day Rally, involving housing development along Singapore’s southern coastline. However, experts agreed that public housing at the mega waterfront development project is set to be at the upper end of Housing and Development Board (HDB) pricing — similar to...

The Housing and Development Board's (HDB) August sales exercise will be pushed to September, said Minister for National Development Lawrence Wong, in a Facebook Post on Tuesday (Aug 20). "To allow more home seekers to benefit from the upcoming changes, HDB will push back its Sales Exercise from Aug to Sep." Advertisement The move is to allow more home buyers to benefit from "upcoming changes", Mr...