hdb news

A five-room HDB at Holland Drive has been sold in June for S$1.1 million, setting a new record for the area. The 38th-floor resale unit at Block 18C Holland Drive has a floor area of 1,259 sq ft, which works out to about S$874 per sq ft (psf). Built under the Selected En Bloc Redevelopment scheme, the unit has a remaining lease of 93 years and has an unblocked view. It was transacted at 16 per...

Rentals in May inched up just 0.2 per cent for both private and HDB homes from the previous month, as volumes continued their decline, according to flash estimates released by real estate portal SRX Property on Wednesday. Year-on-year, rents from non-landed private rentals increased 0.8 per cent, and the May showing was 18.9 per cent lower compared to its peak in January 2013. Compared to April,...

When the lease of his three-room flat in Lorong 4 Toa Payoh runs out in 2066, first aid and swimming coach Low Mong Seng, 34, expects the Government to give him “something in compensation”. “Either another shelter over our heads, or a lower lump sum amount (compared to the value of the property) for us to get another flat to stay in,” said Mr Low, who inherited the unit from his mother who died...

About 2,000 flat-owners have been given the approval to sell their flats since an online portal was launched by the Housing and Development Board (HDB) in January this year. The HDB resale portal, a site which streamlines the buying and selling of public housing flats for resale, aims to cut the transaction time by half, from 16 weeks to eight weeks. Since it was launched, all flat sellers and buyers...

There may be no roll-back of the property cooling measures but the reception for an executive condominium that began selling over the weekend was red hot. All 531 units of Hundred Palms Residences at Yio Chu Kang Road were sold within seven hours of launch on July 22, fetching an average price of $836 per square foot (psf). Marketing agents ERA Realty Network and Huttons Asia attribute the success of...

Those hoping for a Housing Board flat in some of Singapore's most desirable estates may have their best bet yet in the HDB's latest Sale of Balance Flats (SBF) exercise yesterday. In addition to 4,802 Build-to-Order (BTO) flats, the HDB is offering 3,946 flats in 11 young towns and 14 mature estates. These are units that have remained unsold from previous launches. Two towns stand out for the...

Renewal plans for Woodlands, Toa Payoh and Pasir Ris have been finalised and are ready to be presented to residents to gather their feedback, announced the Housing and Development Board (HDB) on Sunday (Apr 2). The rejuvenation of the three towns was first announced in 2015, under the Remaking Our Heartland programme. In drawing up the plans, HDB said it had actively engaged residents and stakeholders...

A Housing & Development Board (HDB) flat is a “good store of asset value” for those who plan ahead and make prudent housing decisions, National Development Minister Lawrence Wong said. His comments, made in a Facebook post on Wednesday (Apr 12), come in response to online debate over his comments that not all HDB flats will be eligible for the Selective En bloc Redevelopment Scheme...

The Housing & Development Board (HDB) received an average of 2.7 applications for every two-room Flexi Build-To-Order (BTO) flat offered in 2016, said Minister for National Development Lawrence Wong in Parliament on Monday (Apr 3). The applications came from a mix of families, elderly and singles, said Mr Wong who was responding to a parliamentary question by Dr Lee Bee Wah, Member of Parliament (MP)...

Resale prices of Housing & Development Board (HDB) flats declined by 0.6 per cent in the first quarter of the year compared to the previous quarter, according to flash estimates released by HDB on Monday (Apr 3). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have slid to 133.8 from 134.6 the previous quarter, HDB...