HDB resale prices fell 0.3 per cent in February compared with January. Resale prices of HDB four-room, five-room and executive flats fell 0.2 per cent, 0.5 per cent and 1.7 per cent respectively, while those of three-room flats rose 0.2 per cent. This was according to the SRX Property Price Index for HDB Resale. Year-on-year, prices have decreased by 0.6 per cent from February 2016, and 11.5 per...
MORE help to first-timer homebuyers is underway, including shorter waiting time for build-to-order (BTO) flats in non-mature estates and quicker access to balance flats, Minister for National Development Lawrence Wong said. The Housing & Development Board (HDB) also aims to - by leveraging on technology - shorten and streamline the resale transaction process. The current process takes about 16 weeks to...
THE two largest property realtors in Singapore have yet to receive any cancelled prior sale submissions for resale flats following the announcement of bigger housing grants for first-time HDB buyers in the Budget reading on Monday. Finance Minister Heng Swee Keat had announced in Parliament that young couples buying a resale HDB flat for the first time will be enjoying higher subsidies of up to...
Final-year university student Belle Low has been looking to settle down with her boyfriend of four years. So far, her search for a first home has been concentrated largely on Build-to-Order (BTO) flats. But she said the increase in the CPF Housing Grant has opened up an additional option for them: the resale market. In his Budget statement delivered on Monday (Feb 20), Finance Minister Heng Swee Keat...
A total of 4,056 Build-To-Order (BTO) flats were launched in Punggol, Clementi and Tampines on Tuesday (Feb 14), the Housing and Development Board (HDB) announced. This is the first tranche of 17,000 flats to be launched in 2017, it said. Flats offered in this BTO launch range from 2-room Flexi to Three-Generation (3Gen) flats. The price range for these flats range from S$81,000 for a 2-room Flexi...
Prevailing market conditions may affect prices of new HDB units offered under the Sale of Balance Flats (SBF) exercises, said National Development Minister Lawrence Wong in Parliament on Tuesday (Feb 7). He was responding to a question by Workers' Party chief Low Thia Khiang on the pricing mechanism of units under Build-To-Order (BTO) and SBF exercises and why prices could differ for the same flat in...
THE Housing & Development Board (HDB) on Tuesday launched 4,056 flats for sale under the February 2017 Build-To-Order (BTO) exercise. The flats being offered in the first tranche for 2017 span across six projects in the non-mature town of Punggol, and the mature towns of Clementi and Tampines.They range from two-room Flexi to three-generation (3Gen) flats. A project in Woodlands, originally planned...
HDB resale prices fell 0.3 per cent in January compared to December, while transactions fell 13.9 per cent to about 1,174 flats resold, according to data from SRX Property released on Thursday. Consultants called the drop a blip and believe that prices of HDB resale flats are still continuing to stabilise. As for the double-digit drop in transaction volume, it could be due to the large supply of...
RESALE prices and volume of Housing and Development Board (HDB) flats decreased in January compared to December 2016, according to a SRX flash report released on Thursday. HDB resale prices fell 0.3 per cent month-on-month. The resale prices of HDB 3-room and 4-room flats went down by 0.6 and 0.5 per cents, respectively. Those of HDB 5-rooms and HDB executive flats went up by 0.4 and 0.9 per cent,...
The resale prices of Housing and Development Board (HDB) flats fell by 0.1 per cent in 2016, according to latest figures from HDB released on Thursday (Jan 26). For the fourth quarter of 2016, the Resale Price Index saw the same drop when compared to the previous quarter, it added. Resale transactions dropped 9.1 per cent from 5,514 cases in the third quarter to 5,012 in the fourth quarter of 2016....
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