hdb news

Parc Canberra executive condo launches, prices start from S$855,000

Parc Canberra, an executive condominium (EC) in Singapore's north region, on Friday launched its sales gallery and online applications. Online applications are open till Feb 10. The booking of units will start on Feb 15. The average price for Parc Canberra units is about S$1,080 per square foot (psf), said its developer Hoi Hup Sunway Canberra, a joint venture between Hoi Hup Realty and Sunway...

Sales of HDB resale flats rose 1.2%, resale prices up 0.5% in Q4 2019

More Housing Board resale flats changed hands in the fourth quarter of last year and their prices inched up, latest public housing figures show. There were 6,339 resale transactions in the fourth quarter, compared with 6,264 cases in the third quarter, the Housing Board said on Thursday. The fourth quarter's figure last year was also 12.5 per cent higher than the number of resale transactions in the...

3% fall in HDB resale flats sold in December even as prices dip slightly

Fewer Housing Board resale flats were sold last month compared to November, with a 3 per cent drop, even as resale flat prices dipped slightly by 0.3 per cent in the same period. In all, 1,858 HDB resale flats changed hands in December, real estate portal SRX Property said on Thursday. Compared to a year ago, resale volume last month was up 29.6 per cent. A total of 22,477 HDB resale transactions...

Prices of HDB resale flats sold in Q4 2019 rose 0.4%

The prices of Housing Board (HDB) resale flats rose by 0.4 per cent in the last three months of 2019 as compared with the third quarter, in what was the largest quarter-on-quarter increase last year, latest public housing figures show. Based on flash estimates, there was no change in resale flat prices for the whole of last year, according to HDB, which released the data on Thursday. As for upcoming...

HDB releases 2 executive condo sites at Sengkang and Tampines

The Housing and Development Board on Monday released two executive condominium (EC) sites, one along Fernvale Lane and the other on Tampines Street 62. Both 99-year leasehold land parcels can yield up to a total of 1,100 residential units. The Fernvale site was launched for sale by public tender, under the confirmed list of the H2 2019 government land sales (GLS) programme. It spans some 17,130...

HDB to build more new flats next year to meet greater demand

More flats will be built next year to meet greater demand for public housing, National Development Minister Lawrence Wong said on Monday (Dec 16). Between 16,000 and 17,000 Build-to-Order (BTO) flats will be launched next year, up from 14,600 flats this year, he said. In a post on his ministry's blog, Mr Wong said that the Government was "doubling down on our efforts to build affordable flats and...

More BTO flats to be launched in 2020 to meet higher demand

Around 16,000 to 17,000 Build-To-Order (BTO) flats will be launched in 2020 to meet additional demand following key policy changes this year, National Development Minister Lawrence Wong announced in a blog post on Monday morning. New flats will be available in Sembawang and Toa Payoh next February and in May, new flats will be launched in Choa Chu Kang, Tengah, Pasir Ris and Tampines. The Ministry...

HDB resale prices up 0.6% in November in biggest month-on-month rise this year: SRX

Housing Board resale prices have notched their biggest month-on-month increase this year despite a smaller number changing hands, according to flash data from real estate portal SRX Property on Thursday. Resale prices, which through most of 2019 have moved within a -0.2 to +0.2 per cent range, rose 0.6 per cent in November from October. It is the biggest monthly increase since January's 0.5 per cent...

HDB launches 8,170 new flats in November sales exercise, includes 3 Tengah BTO projects

The Housing and Development Board (HDB) has launched 8,170 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Tuesday (Nov 12). The launch includes 4,571 BTO flats in Tengah, Tampines and Ang Mo Kio as well as 3,599 SBF flats across various towns and estates. This brings the total number of BTO flats offered this year to...

More HDB resale flats sold in October after higher grants, income ceilings kick in

More HDB resale flats were sold last month compared with previous months after higher grants and income ceilings for first-time buyers took effect in September, according to flash data from real estate portal SRX Property. In all, 2,213 HDB resale flats changed hands, an 18 per cent increase from September, SRX said on Thursday. Compared with a year ago, the resale volume was 10.6 per cent...

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