While the number of transactions for HDB flats rose by 16 per cent in the second quarter of the year from the previous three months, resale prices for public housing fell by 1.4 per cent over the same period, the Housing and Development Board said on Friday (July 25). The Resale Price Index slipped to 195.7 in the second quarter, down from 198.5 in the January-March period, but resale transactions...
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Sellers of Housing and Development Board (HDB) flats will be able to negotiate with their buyers for a temporary extension of stay in their flats, allowing them to stay in their former homes for up to three months, the HDB said on Tuesday (July 22). The new rule, which takes immediate effect, will facilitate sellers who are transiting to their next homes, including those who may need more time for...
A residential site at Sembawang Avenue has received only four bids. A consortium comprising FCL Tampines Court and KH Capital submitted the highest bid of about S$214 million for the 22,189.7 square metre site. That translates to a unit price of about S$320 per square feet per plot ratio (psf ppr). The second highest bid for the site came from a consortium that includes Verwood Holdings and TID...
The resale prices for Housing and Development Board (HDB) flats fell to a two-year low after it slipped 0.6 per cent month-on-month in June - the fifth consecutive months of declines, according to the Singapore Real Estate Exchange. According to the SRX HDB flash report released on Thursday (July 10), the price drop affected 3-, 4- and 5-room flats, which saw a price decline of 0.6, 0.8 and 0.3 per...
Another 12,700 flats will be launched in the next six months, according to a parliamentary written response by National Development Minister Khaw Boon Wan on Tuesday (July 8). Of the 22,400 Build-to-Order (BTO) flats targeted for this year, 9,700 flats have been launched. The Housing and Development Board will conduct a second Sale of Balance Flats Exercise later this year to augment the BTO...
The price index for private homes fell 1.1 per cent in the second quarter, the third continuous quarter of price decrease, according to flash estimates released by the Urban Redevelopment Authority (URA) today (July 1). Prices of non-landed private residential properties in all market segments declined in the second quarter, the agency said. In the core central region, prices fell 1.5 per cent, more...
Resale prices for Housing and Development Board (HDB) flats dipped for the fourth month running, a decline seen across all HDB property types, according to the Singapore Real Estate Exchange (SRX). HDB resale prices for May fell by 1.2 per cent over the previous month, marking a two-year low since April 2012. Prices for executive flats fell the most at 2.8 per cent, while 3- and 4-room flat prices...
Unveiled at the World Cities Summit on Wednesday (June 4) - the first prototype of a town planning tool which can simulate a built-up environment of a city, as well as analyse the impact of initiatives such as LED lighting and solar energy. Developed by the Housing and Development Board (HDB) together with French companies Electricite de France (EDF) and Veolia Environment Recherche et Innovation, the...
The Housing and Development Board (HDB) and Energy Market Authority (EMA) on Tuesday (June 3) inked a deal with Japanese technology company Panasonic to explore the feasibility of a smart home energy pilot. In a joint statement, HDB and EMA said a memorandum of understanding was signed with Panasonic on Tuesday during the World Cities Summit to conduct a year-long study to explore a suite of different...
An executive condominium site in Sembawang has been made available for sale under the Government Land Sales Programme, the Housing and Development Board (HDB) said Thursday (May 29). The 99-year leasehold site, located at Sembawang Avenue, will yield an estimated 620 residential units, HDB said. The tender for the site will close at 12pm on July 10. Source : Channel NewsAsia - 29 May...