Estate rejuvenation could be a focus area for the Housing and Development Board (HDB) going forward. Having largely fulfilled first-timer demand for flats, HDB has already started tapering new supply of Build-To-Order (BTO) flats. Experts have said this could also free up resources to commit to maintaining and upgrading older estates. HDB currently has 26 towns and housing estates, some which are...
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The bumper launch of 12,411 new flats this month has received a “healthy” response, with more Singaporeans benefiting from recent housing policy changes, National Development Minister Lawrence Wong said on Thursday (Nov 26). The policy changes include higher income ceilings, an enhanced Special CPF Housing Grant, as well as two-room Flexi flats for seniors. About 2,100 families and 220 singles in...
With applications due to close in less than four days, demand for new Housing and Development Board (HDB) flats at the upcoming Bidadari estate has continued to pick up. Over the weekend, there was a jump in applications, especially among second-time applicants. Analysts have said this could be due to the relatively higher price of the Bidadari flats, which may have priced some younger couples...
Demand for four- and five-room flats at Bidadari estate near Toa Payoh has already exceeded supply, just a day after HDB launched its biggest-ever sale of new units on Tuesday (Nov 17). Of the more than 12,400 flats on sale, more than 2,140 are at Bidadari. They range from two-room flexi to five-room units. According to data on HDB's website, the five-room units at Bidadari are already more than six...
The "bumper crop"of Housing and Development Board (HDB) flats for sale under the November 2015 Build-To-Order (BTO) cum Sale of Balance Flats (SBF) exercise was launched on Tuesday (Nov 17), the agency announced. The application period starts on Tuesday, and ends on Nov 26. Applicants can apply for only one flat type or category in one town under either the BTO or SBF exercise. A total of 12,411...
The first batch of Build-To-Order (BTO) flats in the new Bidadari estate will go on sale in the second half of this month. More than half of the 2,139 flats available – 1,229 units – will be four-room flats. Another 192 will be two-room flats under the Flexi scheme, 567 will be three-room flats and 151 will be five-room units. The flats will be progressively completed from the third quarter of 2019,...
The "mega launch" of 12,000 flats for the November Housing & Development Board (HDB) launch will take place in the second half of this month, it was announced on Thursday (Nov 12). This will be the largest sales exercise to-date, with a total of about 12,000 flats offered for sale, comprising 7,000 Build-To-Order (BTO) flats and 5,000 balance flats. This is as the September launch of BTO flats was...
The resale prices of Housing and Development Board (HDB) flats were unchanged month-on-month in October, the Singapore Real Estate Exchange (SRX Property) said on Thursday (Nov 5). The resale prices for 3-room flats and Executive flats rose by 0.7 and 0.9 per cent, respectively, while the resale prices for 4- and 5-room flats fell 0.8 and 0.1 per cent, respectively. Overall, prices have declined 2.6...
The Housing and Development Board (HDB) has said it is looking for a replacement contractor for the McNair Towers Build-to-Order (BTO) project, after the contractor ran into financial issues. Construction of the 861-unit public housing development at McNair Road has halted since October, said HDB in response to queries from Channel 8 News on Wednesday (Nov 4). The halt came after the contractor,...
The response to the new Proximity Housing Grant (PHG) has been "most encouraging", with more than one in five home buyers applying for the grant since it took effect on Aug 24, National Development Minister Lawrence Wong wrote in a blogpost on Friday (Oct 30). The PHG, raised income ceilings and increased special CPF Housing Grant (SHG) were some of the new measures announced by Prime Minister Lee Hsien...