At least 20,000 new Housing and Development Board (HDB) flats will be built next year, said National Development Minister Khaw Boon Wan on his blog on Monday. Mr Khaw said the government has made steady progress in ramping up supply and stabilising the housing market, and it wants to keep up the momentum and help more Singaporeans own their own flats. "I expect this sustained supply to firmly stabilise...
hdb news
Large flats proved to be the most popular amongst potential home buyers for HDB's latest Build-To-Order exercise. As of 5pm on Monday, each 4-room flat in Clementi received about four applications from first-time applicants. The 5-room flats in Punggol also received about four applications per unit offered from first-time applicants. Although the Special Housing Grant has been extended to 3-room flats...
The Housing and Development Board (HDB) announced on Tuesday that it has launched seven BTO projects, offering 4,191 new flats. This is the fourth BTO launch this year and HDB said it remains on track to launch 25,000 flats this year. The flats are being offered in two non-mature towns of Choa Chu Kang and Punggol, and three mature towns of Bukit Merah, Clementi and Geylang. The projects in the...
The Housing and Development Board's (HDB) Resale Price Index (RPI) in the second quarter of this year is 194, an increase of 1.3 per cent over the previous quarter when it was 191.6. According to data released by HDB, there were 7,000 resale transactions in the second quarter, an increase of 19 per cent compared to the first quarter when there were 5,900 cases. Also released - data on Median Resale...
HDB flats are primarily meant for owner occupation. Those who wish to sublet their flats must meet the Minimum Occupation Period (MOP) and obtain HDB’s approval before they can do so. This rule applies to both Singapore Citizens (SCs) and Singapore Permanent Residents (SPRs). In 2011, HDB carried out 7,000 flat inspections and took action against 56 flat owners for unauthorised subletting. Of these, HDB...
The Housing and Development Board (HDB) will consider appropriate measures to discourage the formation of significant foreign worker enclaves in HDB estates, Minister for National Development Khaw Boon Wan told Parliament on Tuesday. Mr Khaw said HDB was currently monitoring the situation, and that the board does not have the equivalent of the Ethnic Integration Policy or Singapore Permanent Resident...
The Housing & Development Board (HDB) was on Tuesday conferred the Singapore Sustainability Award 2012 Green Technology Award. The award recognises HDB's contributions to drive sustainable development efforts in its towns and estates as a responsible master planner and the largest developer of housing in Singapore. CEO of HDB Dr Cheong Koon Hean said: "HDB is honoured to be the only public sector...
The Housing & Development Board (HDB) on Tuesday signed a Memorandum of Understanding (MOU) with Electricité de France (EDF) and VEOLIA Environnement Recherche et Innovation (Veolia) to develop a new modelling tool to help develop sustainable urban planning solutions. The new modelling tool will use a complex systems modelling technique to simulate the built environment of a city and its impact on...
HDB's flash estimates showed that resale prices rose by 1.3 per cent in the second quarter of this year, reversing a trend of slow price growth in the previous two quarters. HDB resale prices have been softening since the second half of last year. Prices grew 3.8 per cent in the third quarter of 2011. This growth moderated further to 1.7% in the last quarter of last year, and fell to 0.6 per cent in the...
Blocks 1A to 6A Woodlands Centre Road were on Monday identified for the Selective En bloc Redevelopment Scheme (SERS) by the Housing and Development Board (HDB). The Woodlands site, the 78th to benefit from SERS, comprises 147 flats that were completed in 1980. These flats will be 36 years old by the time the residents move to the new replacement flats at Woodlands Drive 70. HDB will build about 190...