PUBLIC housing resale prices have stubbornly continued to climb even as private home prices are accelerating downhill and pundits are betting on flat prices still holding firm this year if not seeing a modest single-digit growth, then staying level for the most part. Flash estimates from the Housing and Development Board (HDB) showed that its resale price index grew by 1.5 per cent in the fourth quarter,...
hdb news
Prices of private, non-landed residential properties in Singapore fell 5.7 per cent in the last quarter of 2008. The quarter-on-quarter drop in private home prices is more than double the 2.4 per cent decrease in the July-September quarter. Experts said the steep fall is fuelled by deteriorating sentiment. Market players are also matching prices to falling valuations. Nicholas Mak, consultancy and...
While the focus has been shifted to 2-room flats, the 4-room is still most popular AS the Housing Board launched its last Build-To-Order (BTO) exercise for the year, offering 1,181 units in Punggol and Choa Chu Kang, applications for its Dew Spring @ Yishun, which draw to a close today, reflect an interesting trend. While just 864 flats are up for grabs at Dew Spring, 2,091 applications had been received...
The Housing and Development Board (HDB) launched two new housing projects in Choa Chu Kang and Punggol on Tuesday in its last sales exercise of the year. It will offer a total of 1,181 flats, from studio apartments to 5-room units, under the Build-To-Order (BTO) system - where flats will be built only after most of the units in a specific site have been booked. This brings the total number of flats...
A PILOT project could see more privately-built and run markets and food centres in the heartlands, with Sengkang residents being the first to benefit. The latter can look forward to a new market and food centre come 2010. The Housing and Development Board (HDB) has launched a tender for a market and food centre development at Sengkang Square/Sengkang East Road. :This will be a standalone,...
Loan givers have checks done on buyer’s profile In “Risk profiling for homebuyers?”(Dec 17), Mr Ee Teck Siew suggested that the Government and industry associations consider implementing a “fact finding process” to ensure that potential home buyers buy properties they can afford, based on their abilities to service mortgage loans. Most homebuyers would need to obtain a bank loan upfront. The...
Close to 500 applications have been received for the public flats to be built at Dew Spring@Yishun. The Housing and Development Board (HDB) launched the 864-unit project on Thursday. Four-room flats were the most popular among home buyers. There were 393 applications for 504 units, while three-room flats had 81 applications so far. One home buyer said: "The design of the flat is very much like that of...
Increased supply of flats in Yishun a response to demand, says HDB BUOYED by demand for its previous Build To Order flats (BTO), the Housing and Development Board (HDB) announced yesterday the launch of its latest BTO project - Dew Spring@Yishun. "The previous BTO launch in Yishun - Jade Spring Phase One and Two was five times subscribed, and therefore, we feel that there could be demand for flats in...
The Housing and Development Board (HDB) has launched a new Build-To-Order (BTO) project at Yishun. It has the highest proportion of smaller flat types among BTO projects. This is in line with HDB's plan to supply more smaller flats. The latest Build-To-Order project is Dew Spring@Yishun. 43 per cent of its 864 units are 2- and 3-room flats, the largest proportion in a BTO project so far. Tan Poh Hong,...
Mah: HDB upgrading a priority as deferred projects reinstated SOME of the Government's $4.7 billion worth of deferred construction projects are to be brought forward again, in a move expected to help smaller local building contractors. And priority will be given to smaller projects, National Development Minister Mah Bow Tan said. "We are also looking to see whether the different ministries are able to...