The Pinnacle@Duxton residential project holds two world records for the longest sky-garden and the heaviest skybridge. The popular residential project, which includes a roof-top garden, will have a total of 12 skybridges. Each bridge weighs 354 tonnes which is equivalent to the weight of a Boeing 747. Contractors used heavy duty hydraulics to push the bridges in place. The bridges will be lifted to the...
hdb news
With Singapore becoming more populated, there is an increasing need to make living in HDB flats more enjoyable. For most HDB residents, loud music is a nuisance. But sometimes telling your neighbour off can be difficult. In fact, some MPs - who are also advisers to the Workgroup on "Promoting Better Social Behaviour" - have noticed reduced communication between residents. To deal with those who...
Property prices across the board were down in the first quarter of 2009. Official figures released Friday showed that in the private property market, residential, office, shop and industrial properties decreased fetched lower prices both in terms of sales and rentals. As for HDB’s Resale Price Index (RPI) for public housing, it showed a fall by 0.8% in 1st Quarter 2009 over the previous quarter. This...
APPLICATIONS were only supposed to open tomorrow - but the overwhelming response to the Housing and Development Board's (HDB) latest housing project in Simei under the Design, Build and Sell Scheme (DBSS), prompted developer Sim Lian Group to accept bookings on Saturday. On Friday, over a hundred people began queuing for the flats at Parc Lumiere, after Sim Lian said bookings would be accepted on a...
The Housing and Development Board (HDB) has received 178 applications since the Lease Buyback Scheme was launched last month. It is a scheme which helps seniors monetise their flats. With the Lease Buyback Scheme, these seniors will now be able to receive a monthly payout of a few hundred dollars and continue living in their flats for 30 years after they sign up. The scheme helps cash-poor, asset-rich...
Applications were only supposed to open on Tuesday, but the overwhelming response to the Housing and Development Board's (HDB) latest housing project in Simei, under the Design, Build and Sell Scheme (DBSS), prompted developer Sim Lian Group to accept bookings on Saturday. Under DBSS, private developers manage the project from its design to construction and sale, and applications are accepted on a...
Main board listed developer Sim Lian Group will launch its latest development, Parc Lumiere, by walk-in-selection on April 18. Parc Lumiere is a public housing project under the Housing & Development Board's "Design, Build and Sell Scheme" (DBSS). The development which is located near the Simei MRT station will comprise 360 four and five room units. Sim Lian said the average selling price for the...
Some 4,000 people showed up at the launch of "The Peak at Toa Payoh" on Wednesday - a project under the HDB's design, build and sell scheme (DBSS). There were some 100 people lining up outside the development even before it was launched at 8am. Analysts said that's not a bad turnout especially since a premium five-room flat there costs more than S$700,000. The development offers some condominium-style...
The Singapore government will not step in to underwrite existing bank loans to property developers for now. This is because loans and other financing options are still available despite the current credit crunch, said National Development Minister Mah Bow Tan in Parliament on Monday. The economy is facing a difficult recession, but Singapore property developers may have been spared the brunt of the...
Housing and Development Board (HDB) has launched the sale of 438 flats in various towns and estates. The flat supply comprises 3-room and bigger flats. Most of the units offered are four-room flats. They are located in 23 towns and estates from Yishun to Sengkang. Interested flat buyers may submit their applications online from Monday until April 20. HDB will then conduct a computer ballot to...