A new record high in HDB resale prices was achieved at Natura Loft, an HDB Design, Build and Sell Scheme (DBSS) project in Bishan where a five-room flat was transacted at S$1.18 million last month. This already marks the third HDB resale transaction in the first month of 2017 that crossed a million dollars, according to SRI Pte Ltd, whose property agent represented the seller. This translated to...
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The number of resale transactions for public housing flats rose 7.8 per cent to 20,813 cases last year from 19,306 cases in 2015. The latest figure is also the highest in four years. One factor that boosted the resale volume of Housing & Development Board (HDB) flats last year is that more homebuyers sensed that prices in this segment had stabilised and may not fall significantly if they continued to...
THE Housing & Development Board said on Thursday that its resale flat price index dipped 0.1 per cent in the fourth quarter of 2016 over the preceding quarter. The drop for the whole of last year was also 0.1 per cent. The number of resale applications registered dropped 9.1 per cent to 5,012 cases in Q4 2016 from 5,514 cases in Q3 2016. For the full year of 2016, the number of resale transactions rose...
HDB resale prices slipped 0.3 per cent in December from a month ago, mainly dragged by the declines for bigger flats, flash estimates from SRX Property show. HDB executive flats and HDB five-room fell the most in resale prices by one per cent and 0.9 per cent respectively, followed by HDB four-room flats and HDB three-room flats that fell 0.2 per cent and 0.1 per cent respectively in resale...
The stabilising trend for HDB resale prices continued in the fourth quarter of 2016. Prices dipped 0.1 per cent from the third quarter, putting the full-year decline at 0.1 per cent, based on flash estimates from the Housing & Development Board on Tuesday. The potent combination of cooling measures has been effective in arresting the price growth of HDB resale flats. The HDB resale market had its...
HDB resale prices dipped 0.1 per cent in the fourth quarter compared to the third quarter, based on flash estimates from the Housing & Development Board on Tuesday. This came after two quarters of the HDB resale price index holding steady. Compared to Q4 2015, the HDB resale price index has fallen 0.15 per cent. Data for the full quarter and more detailed public housing data will be released on Jan...
“There's nothing much to say,” 80-year-old Mdm Lee said, when asked about the looming demolition of Rochor Centre - her home for the past 40 years. “I'm very sad.” Authorities have yet to announce the exact date the wrecking crew turns up, but have previously said the iconic, rainbow-coloured estate would be torn down at end-2016. Mdm Lee remembers the day the Government said it would acquire...
Some 17,000 Build-To-Order (BTO) flats will be launched next year, about 1,000 fewer than the number put up for sale this year, as the Government tapers the supply of public housing units. Announcing the supply for next year, National Development Minister Lawrence Wong also said that young couples can look forward to shorter wait times for BTO units, possibly by 2018. "Over the past year, I’ve...
The Housing & Development Board (HDB) will launch about 17,000 new flats for sale to Singaporeans in 2017, about 5 per cent fewer than the 17,900 build-to-order (BTO) flats launched in 2016. National Development Minister Lawrence Wong said in his blog post on Wednesday: "We are gradually tapering supply but still ensuring a healthy pipeline to meet demand. Once again, we will offer a good spread across...
SINGAPORE'S Housing & Development Board (HDB) will launch about 17,000 new flats for sale to Singaporeans in 2017, about 5.6 per cent fewer than the 18,000 build-to-order (BTO) flats launched in 2016. National Development Minister Lawrence Wong said in his blog post on Wednesday: "We are gradually tapering supply but still ensuring a healthy pipeline to meet demand. Once again, we will offer a good...