From May, agents must apprise buyers, sellers of HDB policies MORE transparency and fewer disputes - these are the twin aims of a new checklist that housing agents will have to go through with buyers and sellers before a HDB resale flat transaction can be completed. Similar to what insurance agents have to do with their clients before sealing a policy, property agents will have to cover the key items of...
hdb news
HDB announced on Monday that it is introducing mandatory Resale Checklists for housing agents handling resale HDB flat transactions. The checklists cover a list of key policies and procedures that agents will need to advise resale flat buyers and sellers before they commit to a transaction. This is part of HDB's ongoing efforts to ensure that buyers and sellers are aware of relevant HDB purchase and...
A house buyer was cheated of S$5,000 when she was buying a five-room resale flat in Woodlands. Wong Git Siow said: "Since I was already buying the house, and... she (the flat owner) said she did not have enough money for the New Year, I did not mind giving her the $5,000 deposit." Ms Wong claimed that the flat owner changed her mind after receiving the S$5,000 deposit, and never returned the money. She...
The Housing and Development Board (HDB) has received an overwhelming response to its second batch of Build-to-Order flats in Yishun. Jade Spring was launched on Tuesday, and as of 5pm on Wednesday, HDB received 771 applications for the 576 flats available. 715 of the applications were for the four-room units. The prices of the two, three and four-room units range from S$77,000 to $253,000. Interested...
The second batch of flats under this year's Build-To-Order project was launched on Tuesday. Called Jade Spring, HDB is offering 576 two-, three- and four-room flats. The site is located at the junction of Yishun Ring Road and Yishun Avenue 11. It is also near the town centre where the MRT station, Northpoint Shopping Centre and the future Khoo Teck Puat Hospital are located. The prices of the units...
Celebrations were held at the recently upgraded Upper Boon Keng Riverview precinct on Sunday. A total of 183 flats have been upgraded under the Housing and Development Board's S$11 million Main Upgrading Programme (MUP). Information, Communications and the Arts Minister and MP for the area, Dr Lee Boon Yang, visited some of these apartments which have been improved with the fixing of new doors, more...
BTO project Punggol Spring four times oversubscribed THE demand for public housing continues to be brisk. Case in point: The Housing Development Board’s (HDB) first build-to-order project this year at Punggol Spring is already four times oversubscribed. New flats aside, property agents have also described the HDB resale market as the kingpin for the real estate sector this year. The application for...
The demand for public housing continues to be brisk. HDB's first build-to-order project this year at Punggol Spring is already four times oversubscribed. New flats aside, property agents have also described the HDB resale market as the kingpin for the real estate sector in 2008. The application for Punggol Spring, where 494 units of four-room flats will be built, will not close until 17 March, but the...
There will be a new financial incentive to encourage singles to live with their parents. Minister-in-Charge of Ageing Issues Lim Boon Heng disclosed this in Parliament on Wednesday when he responded to concerns raised by MPs over the needs of lonely elderly. Over the last few years, the Housing and Development Board (HDB) has built studio flats for the elderly who still want to stay within the...
Young couples must be realistic, says Mah AMID concern that young couples are being priced out of the public housing resale market, National Development Minister Mah Bow Tan said the Government spent, on average, $1.4 billion a year over the last five years on its commitment to keep housing affordable - and has allocated a further $1.6 billion this coming financial year. Last year, demand for public...