hdb news

Fewer HDB resale flats sold in June, while prices inched up 0.1%

There were fewer Housing Board resale flats sold in June compared with May, while prices inched up slightly. Flash estimates from real estate portal SRX released on Thursday revealed that 1,895 HDB resale flats changed hands in June, an 8.7 per cent decrease from the 2,076 units in May. The resale volume in June was also 4.8 per cent lower than the 1,991 units sold in the same month last...

HDB Q2 resale prices fall slightly, continue decline

Prices of resale flats for the second quarter of this year fell 0.2 per cent from the first quarter, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Jul 1). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have dipped slightly from 131 to 130.8. Resale prices for HDB...

HDB home buyers now able to book balance flats at any time

From Tuesday (Jun 11), those looking to buy a balance flat from the Housing and Development Board (HDB) can view the online listing at any time of the year and book a flat as early as a day after making an application. This new option of an "open booking", first announced by National Development Minister Lawrence Wong in February, would allow more home buyers to move into their flats earlier, said HDB...

More HDB resale flats sold in May, with slight dip in prices: SRX

There were more Housing Board (HDB) resale flats sold in May compared with April, though resale prices showed a slight dip month-on-month. Last month, 2,075 HDB resale flats changed hands, a 7.5 per cent increase from the 1,931 transacted units in the month before, according to flash estimates from real estate portal SRX released on Thursday. Resale volume was 18.3 per cent higher in May than the...

Modern toilets, better tiles among upgrades for new BTO flats

New Build-to-Order (BTO) flats sold from February onwards will include higher-quality furnishings, such as more water-efficient toilets and tougher porcelain tiles, the Housing and Development Board (HDB) said on Wednesday (Jun 5). These changes are part of efforts to make new flats more modern and to bring standards closer to mass market condominiums, it added. Speaking at a media briefing, HDB’s...

HDB to launch 6,753 flats in May 2019 BTO and SBF exercise

The Housing and Development Board (HDB) has launched 6,753 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Wednesday (May 22). The launch includes 3,485 BTO flats in Kallang Whampoa, Tengah and Woodlands as well as 3,268 SBF flats across various towns and estates. This is the first HDB sales exercise in which the balloting...

First batch of flats in Tengah’s Garden District to be launched for sale in May

The first housing project in Tengah's Garden District will be launched for sale in the Build-to-Order (BTO) exercise this month, said the Housing and Development Board (HDB) on Monday (May 20). Garden District is the second of five housing districts in Tengah to be developed, after Plantation District. Unveiling plans for Garden District on Monday, HDB said it is expected to provide up to 6,500 new...

Canberra Link EC site up for tender; Bernam Street site to launch later in May

HDB has put an executive condominium (EC) site at Canberra Link in Sembawang up for sale by public tender, it announced said on Thursday. The 99-year leasehold site is the only EC parcel of five confirmed list sites under the first half-2019 government land sales (GLS) programme. On the first half-2019 reserve list, there is one EC site at Fernvale Lane that can yield 525 units. Reserve list sites are...

New CPF, HDB loan rules give buyers flexibility, may make older properties more attractive: Analysts

Rules for buying homes using Central Provident Fund (CPF) money and HDB housing loans will be updated on Friday (May 10) – a move “in the right direction” that will give home buyers here more flexibility, some industry watchers said. The new rules could also sway demand for ageing homes, they added. READ MORE: New rules on buying properties using CPF, HDB housing loans Citing changing needs...

HDB resale volume up 16.5% in April as resale prices slip 0.4%: SRX

The volume of Housing Board (HDB) resale flats changing hands rose by 16.5 per cent in April from the previous month, while prices eased slightly. According to flash estimates from real estate portal SRX Property on Thursday (May 9), 1,931 resale flats were sold in April, up from 1,657 transactions in March. Last month's volume also marked a 4.3 per cent increase when compared with April last...

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