Prices for public housing on the resale market have risen, while those for private property have moderated for the second quarter of 2008. According to latest official figures, there has also been little upward movement in the private property rental market. Data for the HDB resale and rental markets based on transactions in Q2 saw HDB's Resale Price Index (RPI) up 4.5 per cent, compared to the 3.7 per...
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Some 1,200 home hunters thronged showflats at Park Central@AMK on the first day of its launch on Wednesday. Of these, 130 have already applied for the flats, which will be ready in 2011. The project is Singapore's third condominium-style public housing, and a queue to view the showflats started forming at 5am. All 578 units at Park Central@AMK come with fittings like built-in wardrobes, air-conditioners...
A YOGA plaza, roof-top garden and spacious balconies with planter boxes for alfresco relaxation and dining - not the normal features you’d expect on an :Housing and Development Board (HDB) estate. United Engineers will be launching its first public housing project for sale next Wednesday, offering a variety of condo-style frills. The development in Ang Mo Kio Street 52 is ground-breaking in a variety of...
HDB upgraders’ demand for condos outside central region could also rise AS SOARING rental rates add to their cost burden, more Permanent Residents (PRs) are snapping up Housing and Development Board (HDB) resale flats. “Two years ago, you would pay less than $1,000 a month in rent for a four-room flat but now, you would be paying almost $2,000,” said PropNex chief executive Mohamed Ismail. “If...
Prices of HDB resale flats rose 4.4 per cent in the three months to June over the previous quarter, according to the Housing and Development Board's flash estimate. Straits Vista @ Marsiling This was slightly higher than the 3.7 per cent increase in the first quarter. In the first half of the year, HDB has launched a total of 4,524 new flats. Subject to demand, HDB plans to offer about 3,900 new flats...
New rules for BTO applications have helped genuine public housing buyers: Mah THE private market may have quietened, but the housing board resale market remains “quite active”, said Minister for National Development Mah Bow Tan. :”Transactions are still strong - not as strong as six months ago, but still relatively strong,” Mr Mah said, on the sidelines of a community event...
There is no slowdown in the public housing market, but National Development Minister Mah Bow Tan has said the number of transactions may not be as high as six months ago, as the market is now more balanced with an adequate supply of new flats being offered by the Housing and Development Board. He was speaking to the media at the sidelines of a constituency event on Sunday. Mr Mah said, "The economy is...
TO help meet demand for flats in the northern part of the island, the Housing and Development Board (HDB) yesterday launched a: Build-To-Order (BTO) project in Woodlands town called Straits Vista @ Marsiling. The project, comprising 50 units of three-room and 332 units of four-room flats, is located near the Woodlands Regional Centre and is served by the Woodlands MRT station and bus interchange. It is...
Singapore's public housing agency - Housing and Development Board (HDB) - has been given the United Nations Public Service Award. HDB said the award is in recognition of the Home Ownership Programme, which has successfully provided over 80 per cent of Singaporeans with affordable quality flats, of them 95 per cent own these homes. Describing it as a significant milestone in its history, HDB said the...
The Housing and Development Board (HDB) on Tuesday launched a Build-To-Order (BTO) project called Straits Vista @ Marsiling. The project is located near the Woodlands Regional Centre, and is served by Woodlands MRT station and bus interchange. HDB advised potential buyers to plan ahead for their housing needs, since BTO flats take a few years to complete. It said couples planning to get married should...