The Housing and Development Board (HDB) launched two new Build-To-Order (BTO) projects on Friday. Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West offer a total of 1,200 standard flats. They comprise 240 units of 2-room, 396 units of 3-room, 512 units of 4-room and 52 units of 5-room flats. These 1,200 new BTO flats form part of the 5,000 new flat supply which National Development Minister...
hdb news
The Housing & Development Board (HDB) says the chances of a first-time flat buyer shortlisted to select a flat under the first Sale of Balance Flats exercise is slim, despite the priority given to them. This is due to the overwhelming response to the exercise which will end at midnight Wednesday. More than 20,000 applications were received as at 5pm for the 2,100 flats on offer. About seven in ten...
The Housing & Development Board (HDB) has seen strong demand for the 2,100 flats being offered under its "Sale of Balance Flats" exercise. The HDB received more than 19,000 applications, just a day before the exercise closes, which means that the flats are nearly nine times oversubscribed. Demand was high for the flats - ranging from studio apartments to executive flats - in estates such as Bedok,...
The Housing and Development Board (HDB) will launch another eight "build-to order" (BTO) projects for flats by the end of this year. These projects will be launched in Sengkang and Jurong West this month, two projects in Punggol next month and four projects in Dawson, Bukit Panjang and Sembawang in December. National Development Minister Mah Bow Tan, who viewed one of the selection exercises at the HDB...
Blocks 101 to 109 in Potong Pasir Avenue 1 will be the first in an opposition ward to undergo lift upgrading, according to People's Action Party (PAP) adviser to Potong Pasir, Sitoh Yih Pin, in a news release on Friday evening. In July, the government announced that some blocks in opposition-held Potong Pasir and Hougang will come under the Lift Upgrading Programme (LUP). The plan is to have all eligible...
The Housing and Development Board (HDB) will release 7,000 new flats in the next three months, to cope with strong market demand. This is more than that offered in the first nine months of the year. From now to December, the HDB will launch 5,000 new flats for sale under its Build-to-Order (BTO) scheme. These will be in both new and mature towns, including 1,700 units in Dawson estate in...
The Housing and Development Board (HDB) will review whether the target group for the Lease Buyback Scheme needs to be expanded. The Scheme, launched in March this year, allows low-income elderly living in smaller flats (2- and 3-room flats) to sell the remaining leases to the government in return for annuities. In a written response to a question in Parliament, National Development Minister Mah Bow Tan...
The topic of the affordability of HDB flats was raised in Parliament on Monday during question time. In his reply, National Development Minister Mah Bow Tan has again emphasised that they remained affordable. He explained the public housing body caters to eight out of ten Singaporeans earning from S$1,500 a month to S$8,000 a month with different types of flats, needs and tastes. And the HDB is putting...
The Housing & Development Board (HDB) has withdrawn a commercial site in Tampines from the reserve list system. The site, located at Tampines Concourse, was originally proposed for commercial development. HDB said the site was withdrawn from the list as it will be affected by future infrastructure works. The site has an area of about 5,000 square metres and a total gross floor area of some 21,000...
Since the government enhanced the Additional Housing Grant for flat buyers in February, the number of applications for this grant has doubled. Between February and July, the Housing and Development Board (HDB) received 6,338 applications for the grant, or an average of 1,000 applications per month. About 24 per cent of the applicants are households that earn between S$4,000 and S$5,000. In...