EXECUTIVE condominiums (ECs) turned out to be best selling projects in August amid a lack of new residential project launches, with developers' sales of ECs this year already surpassing that for the whole of last year. Last month, ECs took up 41 per cent of the total 805 residential units sold by developers in August. Excluding ECs, some 473 private residential units were sold by developers in August,...
hdb news
AMID a lack of new residential project launches in August, executive condominiums (ECs) turned out to be best sellers. Developers sold a total of 805 private residential units and EC units in August, down from July's 1,921 units - with ECs taking up 41 per cent of the sales volumes in August. Excluding ECs, some 473 private residential units were moved in August, about 8 per cent fewer than a year...
SINGAPORE'S latest Housing & Development Board (HDB) town, Tengah, will feature a car-free town centre, lush greenery and community farms. Located between Jurong East, Choa Chu Kang and Bukit Batok, Tengah will be equivalent to Bishan in size, at some 700 hectares. The new town's masterplan was unveiled by National Development Minister Lawrence Wong at the HDB Awards Ceremony on Thursday. "The key...
HDB resale transactions in August rose 19.5 per cent to about 1,879 flats, compared to a month ago as prices slipped 0.7 per cent, according to estimates by SRX Property. The price dip reversed a 0.7 per cent month-on-month increase in HDB resale prices in July in a continued streak of monthly fluctuations seen this year. R'ST Research director Ong Kah Seng noted that the month-on-month price rebound...
A total of 4,841 Build-To-Order (BTO) flats were launched on Wednesday (Aug 17), the Housing and Development Board (HDB) announced. Five new BTO projects were launched - three in the non-mature towns of Hougang, Sembawang and Yishun, and another two projects in the mature town of Tampines, it said in its press release. The flats are priced from S$79,000, excluding grants, for a two-room Flexi flat...
The Government is considering having different kinds of leases for new HDB flats in the Greater Southern Waterfront as well as the new central business district in Jurong, National Development Minister Lawrence Wong said on Thursday (Aug 11). "Frankly if I have a HDB flat there, and it's highly subsidised, the person who gets the flat has a huge gain, and how do you ensure equity for the guy who gets...
Residents of Blocks 513 to 520 West Coast Road will have to move after the site was picked for the Selective En bloc Redevelopment Scheme (SERS), the Housing and Development Board (HDB) said on Wednesday (Aug 3). The blocks affected are about 37 years old, and they comprise 994 units in total. This is the 80th site to be selected for the scheme, HDB said in a press release. “SERS offers the...
A CONSORTIUM led by NCS has been selected by the Housing & Development Board (HDB) to deliver a Smart Urban Habitat Master Plan (SUHMP), which will help guide the development of HDB's future new towns in Singapore. The consortium also consists of AECOM, Arup Singapore and Samsung SDS Asia Pacific. The SUHMP is part of efforts to make Singapore a "Smart Nation", one that leverages technological...
ONLY 20-odd units at Northwave have been sold on the first day of sales, despite the 358-unit executive condominium (EC) project collecting 240 e-applications. This is a figure that has raised eyebrows among market watchers BT spoke with, who compared it with The Criterion and Parc Life - two projects which also suffered weak sales recently. BT had earlier conducted a study of EC projects launched since...
Resale prices of flats is up 0.1 per cent in the second quarter of the year compared to the previous quarter, according to flash estimates from the Housing and Development Board (HDB) released on Friday (Jul 1). The decline comes after the Resale Price Index (RPI) for the first quarter dipped 0.1 per cent from the previous quarter. The RPI for the second quarter of 2016 came in at 134.8, down...