Resale prices in the public housing market inched up 0.2 per cent in the second quarter of 2020, after holding steady in the first quarter amid the COVID-19 outbreak. This contrasts with two consecutive quarters of decline in prices in the private property sector. The resale price index for public housing was 131.8, up from 131.5 in the first quarter, according to a flash estimate released by the...
Housing Board flat resale volumes tumbled still further last month, following the already record low number of flats resold in April and dropping to levels not seen in the last thirty years, real estate portal SRX figures showed on Thursday. Just 364 flats changed hands in May, a 13.9 decrease from the 423 resold in April. Both figures logged during the circuit breaker months were lower than the...
The Housing and Development Board (HDB) will offer about 7,800 flats in its Build-To-Order (BTO) August 2020 sales exercise, it said in a press release on Friday (May 29), as Singapore readied itself to exit the COVID-19 "circuit breaker" period. The BTO exercise originally scheduled for launch in May will be combined with the August exercise. HDB added it would also be gradually resuming its...
A executive condominium site in Yishun has been released for sale by public tender, in what analysts noted is the first such sale in the area in about six years. The 99-year leasehold site is located at Yishun Avenue 9 and can potentially yield about 600 homes, said the Housing and Development Board (HDB) in a press release on Thursday (Apr 30). The 21,514 sq m site has a maximum permissible gross...
Fewer Housing and Development Board (HDB) flats were sold in the resale market in the first quarter of this year amid the COVID-19 outbreak, official figures released on Friday (Apr 24) showed. A total of 5,893 flats were sold in the January to March period, a decline of 7 per cent from the 6,339 flats sold in the fourth quarter of last year. However, when compared on a year-on-year basis, the number...
Resale prices in the public housing market held steady in the first quarter of 2020 amid the COVID-19 outbreak, a contrast to the decline in the private property sector. The resale price index was 131.5, unchanged from the fourth quarter of last year, according to flash estimates released by the Housing & Development Board (HDB) on Wednesday (Apr 1). This compares with two consecutive quarters of...
Public housing will become more affordable and easier to apply for, with new housing support announced by National Development Minister Lawrence Wong on Wednesday (Mar 4). Speaking during his Committee of Supply speech, Mr Wong also said that the Housing & Development Board (HDB) will scrap the standalone Re-Offer of Balance Flats (ROF) exercise, with immediate effect. Instead, unselected Sales of...
The 496-unit executive condominium project Parc Canberra has sold at least 64 per cent or 316 apartments at an average price of S$1,085 per square foot (psf) at the weekend launch. Hoi Hup Sunway Canberra said in a media statement on Sunday that it launched all the units of Parc Canberra for sale at 9am on Saturday, after an online balloting exercise was conducted the previous day. As at 4.30pm on...
The Housing and Development Board (HDB) has launched 3,095 flats for sale under the February 2020 Build-To-Order (BTO) exercise, it said in a news release on Tuesday (Feb 11). The flats, ranging from two-room Flexi to three-generation units, are located in the non-mature town of Sembawang and the mature town of Toa Payoh. Canberra Vista is located next to Canberra MRT station and across the road from...
The Housing Board resale market started this year on an upbeat note. More HDB changed hands in January compared with December and their prices inched up by 0.5 per cent. In all, 1,920 HDB resale flats were sold last month, 3.3 per cent more than December, according to flash estimates from real estate portal SRX on Thursday. It reversed a 3 per cent slide in December from the preceding month. It...
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