The Housing & Development Board (HDB) announced on Saturday (Dec 10) it has given out about S$83 million in Proximity Housing Grants (PHG) since the scheme was announced over a year ago, helping more than 4,300 families. HDB said the response to the scheme "has been very encouraging" as it gives Singaporeans more options to buy a resale flat with or near their parents or married children, in their...
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The minimum occupation period of the Fresh Start Housing Scheme can be “flexible” depending on the progress of the household, said Minister of State for Defence and Foreign Affairs Maliki Osman on Saturday (Dec 3). Fresh Start Housing, which opened for application on Thursday, is a scheme to help public rental families who once owned a Housing and Development Board flat to afford one again. Of...
HDB resale prices rose a slight 0.2 per cent in November compared to October this year, driven by a 0.8 per cent price increase in mature estates, versus a 0.3 per cent dip in non-mature estates. But resale volume fell in November. According to HDB resale data compiled by SRX Property, some 1,585 flats were resold in November 2016, representing a 5.3 per cent drop from 1,673 transacted units in...
RESALE prices of Housing & Development Board (HDB) flats rose 0.2 per cent in November 2016 compared to a month ago, the SRX Property Price Index on Thursday showed. Prices for all HDB flats except executive units were up. From a year ago, prices have fallen 0.7 per cent. Prices are also down 11.3 per cent since the peak in April 2013. Resale volume fell 5.3 per cent in November 2016 from a month ago...
The Fresh Start Housing Scheme - which aims to help second-timer families in rental flats buy a home - on Thursday (Dec 1) opened for applications, the Ministry of National Development (MND) and the Housing Development Board (HDB) announced in a joint media release. Under the scheme, families who qualify will be able to by a new 2-room Flexi flat. The flats will come with shorter leases, ranging from...
Amid a slowing rental market, all HDB flat owners will pay lower or no property tax next year, according to figures released by the Inland Revenue Authority of Singapore (IRAS) on Monday (Nov 28). Flat owners will see tax savings of between 13.1 and 51 per cent for 2017, with three-room flats getting the biggest cuts. One- and two-room flat owners, as well as some three-room flat owners, will continue...
The Housing and Development Board (HDB) on Saturday (Nov 19) enhanced its Cool Ideas Fund to provide more financial support for inventors seeking to improve living environment for public housing. In the past, applicants had to match dollar for dollar the funding disbursed, up to S$10,000. This is no longer a requirement as they can just apply for a grant of up to $10,000 to turn their ideas into...
More than 10,000 flats were launched for sale on Tuesday (Nov 22) in the Housing & Development Board’s (HDB) largest sales exercise this year. A total of 10,118 flats were offered, comprising 5,110 Build-To-Order (BTO) units and 5,008 units under the Sale of Balance Flats (SBF) exercise, the HDB said. Nine new BTO projects were launched - three in Punggol and another six in Bedok, Bidadari (Toa...
The resale prices of Housing and Development Board (HDB) flats fell marginally last month, according to flash estimates released by a property index on Thursday (Nov 3). On a month-on-month basis, HDB resale prices in mature and non-mature estates both decreased by 0.1 per cent in October. Compared to a year ago, prices were down 0.5 per cent, SRX Property said. Resale prices of three-room and...
Resale prices for Housing and Development Board (HDB) flats remained unchanged in the third quarter from the previous one, said the agency in its press release on Friday (Oct 28). The Resale Price Index remained at 134.7, but resale transactions have seen a tumble, HDB added. The number of resale transactions fell 5.5 per cent to 5,514 from 5,838 in the second quarter, according to its statistics....