Minister reassures that public housing projects will proceed THERE is no need to fear that the economic slowdown will be felt in our public housing projects. Giving his reassurances last night in response to questions, National Development Minister Mah Bow Tan said: “There is no delay in our public housing programme, our building programme and in our upgrading programme. “We know there is demand...
hdb news
AT first glance, you might not have thought an economic slowdown was in the wind, with 1,000 visitors thronging the sale launch of the Housing and Development Board's latest project at Bishan on Day One. Natura Loft, a Design, Build and Sell Scheme (DBSS) project, features three 40-storey blocks of 160 four-room flats and 320 five-room units. Describing the response as "enthusiastic", developer Qingjian...
THE Housing and Development Board's (HDB) lease buyback scheme appears to be the best option for the elderly who wish to "unlock" the value of their homes. The lease buyback scheme, which the HDB will implement next year, provides the highest monthly payouts compared with other plans that enable the elderly to monetise their flats for retirement income. Under the lease buyback model, HDB will buy back...
Singapore's Housing and Development Board (HDB) released data on Friday that showed prices of resale flats rising by 4.2 per cent in the third quarter, as compared to the previous quarter. This was in line with estimates released earlier this month. Sales volume also went up by about four per cent from 7,760 to 8,110 transactions. HDB said the median Cash-Over-Valuation (COV) amount for all resale...
Ruses are now rife; foreign nationals the main targets WHEN factory worker Zhang Wenfang and his five friends found a five-room Housing & Development Board (HDB) flat in Jurong West that they liked, they paid the property agent $9,300 - six months' rent. But, when they tried to move into the flat on July 1, they found it locked. "We had trouble contacting our agent; he didn't return our calls. I...
Stepping into a dream home has become a nightmare for a minority of Singaporeans. The Housing and Development Board (HDB) has said 0.7 per cent of its flats built in the last five years have defects such as dislodged floor tiles. One such example is a premium flat at Block 648, Punggol Central. The S$241,000 apartment came with ceramic floor tiles, as well as some furnishings and built-in cabinets. But...
Prices of resale flats rose a preliminary 4.2 per cent in the third quarter of this year. HDB said on Thursday that the figure is just slightly lower than the 4.5 per cent increase in the second quarter. For the year-to-date, prices of resale flats have risen almost 13 per cent. HDB said it has to date launched about 5,000 of the planned supply of 8,400 Build-To-Order (BTO) flats for 2008. Subject to...
FOR those waiting to snap up a public flat in the iconic 50-storey integrated housing development, the good news: Some 428 four- and five-room units at The Pinnacle@Duxton are among 992 available under the Housing and Development Board’s (HDB) latest balloting exercise launched on Friday. The much-hyped flats in the Cantonment Road area are among some of the most expensive new units — with a...
FOR those waiting to snap up a public flat in the iconic 50-storey integrated housing development, the good news: Some 428 four- and five-room units at The Pinnacle@Duxton are among 992 available under the Housing and Development Board's (HDB) latest balloting exercise launched on Friday. The much-hyped flats in the Cantonment Road area are among some of the most expensive new units with a four-room...
The Housing and Development Board (HDB) of Singapore has launched the sale of 992 flats under its Balloting Exercise on Friday. They include surplus flats available from the Selective En Bloc Redevelopment Scheme (SERS) in Ang Mo Kio, Kallang, Whampoa, Queenstown and Jurong West, as well as remaining units at The Pinnacle@Duxton. HDB said on Friday the units offered are of different types and designs...