An average of 28 grassroots leaders per year, or less than 0.1 per cent of the total number, have utilised the Ministry of National Development’s Grassroots Organisation (GRO) Scheme over the last ten years, said Minister in the Prime Minister’s Office Chan Chun Sing in Parliament on Monday (Nov 7). Under the GRO scheme, grassroots leaders with three years of continuous and active service in their...
hdb news
HDB resale prices dipped 0.1 per cent in October compared to September, the SRX Property Price Index for HDB Resale released on Thursday showed. But for the most part, the index has been fairly flat for a few months now, analysts noted. The resale price dip was driven by a 0.9 per cent fall in the resale prices of five-room flats. By contrast, the resale prices of HDB three-room flats and executive...
HDB resale prices dipped 0.1 per cent in October compared to September, driven by a 0.9 per cent fall in the resale prices of five-room flats. By contrast, the resale prices of HDB three-room flats and executive flats rose 0.6 per cent and 0.8 per cent respectively, while resale prices of four-room flats stayed flat. This was according to the SRX Property Price Index for HDB Resale released on...
The resale prices of Housing and Development Board (HDB) flats rose slightly last month, but there were fewer flats sold, according to flash estimates released by SRX Property on Thursday (Oct 6). On a month-on-month basis, HDB resale prices were up 0.1 per cent in September. Compared to a year ago, prices declined by 0.4 per cent. Resale prices of five-room flats led the rise, increasing by 1.2 per...
EXECUTIVE condominiums (ECs) were originally conceived to cater to the aspirations and needs of the so-called "sandwiched" class - those whose household income exceed the ceiling for public housing, but are not yet able to comfortably afford a private condominium. Currently, the monthly household income ceiling to qualify for an EC purchase is set at S$14,000, versus S$12,000 for those purchasing the...
FROM the onset, public housing policy has been the bedrock of Singapore's asset ownership programme. Today, 80 per cent of Singaporeans live in HDB flats. HDB flats have evolved from being just a home to also becoming an investment asset - and a stepping stone to a higher standard of living. By many measures, Singapore's public housing programme has been a resounding success. Undoubtedly, HDB has...
HDB resale prices were unchanged in the third quarter compared to the second quarter, based on flash estimates from the Housing & Development Board. This is the second straight quarter that HDB resale prices have stayed flat, in what is seen as a sign of continued stabilisation of the public housing market. The HDB resale price index is still 9.8 per cent below the peak in the second quarter of...
The upcoming Tengah development will feature eco-friendly water and energy features, an automated waste system as well as software that will aid in the planning of the town, the Housing and Development Board said on Friday (Sep 9). Dubbed “Forest Town”, Tengah will be the first HDB town planned with smart technologies from the onset. The first batch of flats in the town will be launched in...
The upcoming Tengah development will feature Singapore's first car-free Housing and Development Board (HDB) town centre, and the first batch of flats will be made available from 2018. Details of HDB's 24th town, dubbed "Forest Town" as it will be integrated with the area's greenery and biodiversity, was revealed by National Development Minister Lawrence Wong at the HDB Awards ceremony on Thursday (Sep...
The resale prices of Housing and Development Board (HDB) flats fell slightly last month and significantly more flats were sold, according to flash estimates released by SRX Property on Thursday (Sep 8). On a month-on-month basis, HDB resale prices were down 0.7 per cent in August. Compared to a year ago, prices declined by 0.2 per cent. Resale prices of four-room flats led the decline, falling by 1...