An Executive Condominium (EC) site in Sengkang which could yield about 653 homes has been released for public tender, the Housing and Development Board (HDB) said on Wednesday (Jun 29). The 21,014.6 sqm site in Anchorvale Lane is located beside Punggol Reservoir and can be accessed via Tongkang LRT station. The site is on the confirmed list of the Government Land Sales Programme for the first half of...
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Sim Lian Group on Tuesday announced the launch of its executive condominium (EC) project, Treasure Crest, with units priced at S$735 to S$755 per square foot on average. E-applications for the 99-year leasehold development will open on July 1 and close on July 10, while balloting and booking will take place on July 16. Treasure Crest is a 504-unit EC located in Sengkang that is conveniently located...
The resale prices of Housing and Development Board (HDB) flats inched up in May, but resale volume remained flat, according to estimates released by SRX Property on Thursday (Jun 9). On a month-on-month basis, HDB resale prices were up 0.2 per cent last month. Compared to a year ago, prices remained flat. Resale prices of three-room and five-room flats rose by 0.7 per cent, while prices of executive...
Thirty public housing projects have won 33 awards for their environmentally friendly and inclusive living environments, with the Yuhua estate receiving the top award for sustainable design. The Greenprint programme in Yuhua was awarded the Building and Construction Authority's (BCA) Green Mark Platinum Award, the highest accolade for the BCA-Green Mark scheme. Under the pilot programme, which was...
THE Housing & Development Board (HDB) of Singapore on Tuesday launched 8,940 flats for sale under the May 2016 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercise. There will be 3,770 BTO units and 5,170 SBF units across 25 towns and estates. The BTO units will be across four projects in the non-mature towns of Bukit Panjang and Sembawang, and another two projects in the mature towns of Ang Mo...
SINGAPORE'S Minister for National Development Lawrence Wong on Tuesday sought to temper expectations for the Build-To-Order (BTO) flats in mature estates such as Ang Mo Kio and Bedok, launched in May's exercise. Of the 3,770 units launched, about 950 are in Ang Mo Kio and Bedok. The rest are in Sembawang and Bukit Panjang. In a blog post, Mr Wong said: "I know many buyers have been looking forward to...
A total of 8,940 flats were launched on Tuesday (May 24), comprising 3,770 Build-To-Order (BTO) units and 5,170 balance flats, the Housing and Development Board (HDB) announced. Four new BTO projects were launched in Bukit Panjang, Sembawang, Ang Mo Kio and Bedok. A project in Bukit Merah originally planned for launch in May is undergoing further review to better integrate the project with the...
Five hundred and forty-one households have taken up Housing and Development Board’s Lease Buyback Scheme within a year of enhancements, with 233 households owners of four-room flats. HDB noted that this annual take-up had more than doubled compared to previous years. Since the launch of the scheme in 2009, 471 households signed up in the first four years - averaging at about 117 annually. A further...
The resale prices of Housing and Development Board (HDB) flats inched down slightly by 0.1 per cent on-month in April, SRX Property said on Thursday (May 5). The price decline was driven by five-room flats, whose resale prices fell by 0.9 per cent. In contrast, the resale prices for three-room flats and executive flats rose 0.6 per cent and 0.1 per cent, respectively, and prices for four-room flats...
THE strong interest expressed for recent executive condominium (EC) projects in the form of e-applications have not resulted in actual launch sales - a trend industry players say is pointing to a potential supply overhang of ECs in the short-term, one which could take one to three years for the market to digest. Though most of them say a conversion rate of 20 to 30 per cent from e-applications would be...