hdb news

HDB launches three sites for sale

The Housing and Development Board, HDB, has launched three sites for sale by tender under the second half of the Government Land Sales or GLS Programme. Two of them are residential sites and one is a mixed commercial-residential site. The mixed development site is located at the junction of New Upper Changi Road and Bedok North Drive. One of the residential sites in Jurong West is meant for an executive...

BTO project in Punggol 6 times oversubscribed a day after launch

The Housing and Development Board's (HDB) latest Build-To-Order (BTO) project, Waterway Terraces in Punggol, is six times oversubscribed, just a day after applications opened. Five-room flats are the most popular, receiving almost 1,800 applications for the 306 available flats. Four-room and three-room units are also oversubscribed. Four-room flats received 2,461 applications for 306 units, while 268...

3 new BTO projects launched offering 2,696 flats

The Housing and Development Board (HDB) launched three new Build-To-Order (BTO) projects in Punggol and Sengkang on Wednesday. The projects are Waterway Terraces in Punggol, Fernvale Foliage and Rivervale Arc in Sengkang. A total of 2,696 flats will be offered. HDB says this is the largest number of BTO flats offered in a single launch so far. They comprise 238 units of 2-room, 399 units of 3-room,...

No evidence HDB sand is illegal

Singapore says there is no evidence that sand received by the Housing and Development Board (HDB) has been smuggled out of Malaysia as alleged by The Star newspaper. In response to media queries, a spokesperson for the Ministry of National Development (MND) said that HDB engages sand suppliers on a commercial basis to supply sand for its development works. As part of the procurement process, HDB requires...

Premium BTO project in Punggol to be launched

The Housing and Development Board will launch a premium housing project in Punggol later this June under the Build-To-Order (BTO) system. Sited along the Punggol Waterway, the project will offer waterfront living and boasts eco-friendly features. In line with the project's emphasis on energy conservation, there will be large courtyards and openings to promote natural ventilation and airflow to flats and...

Second DBSS project in Tampines

Homebuyers can look forward to another Design Build and Sell Scheme (DBSS) project in Tampines. The Housing and Development Board (HDB) is launching a residential site for sale Wednesday by public tender in Tampines under the Design, Build and Sell Scheme or DBSS. The site is located at Tampines Avenue 5 and Central 8, and is adjacent to the first DBSS project, The Premiere@Tampines. The site area is...

Challenge for HDB is to strengthen fabric of society: Dr Balakrishnan

The challenge for the Housing and Development Board (HDB) for the next 50 years is to strengthen the fabric of Singapore's society in the face of changing demographics. Minister for Community, Youth and Sports Vivian Balakrishnan said this at a community event marking the HDB's 50th anniversary. Dr Balakrishnan said: "Working together with grassroots and community leaders, HDB has done well these past 50...

Punggol residential site goes to top joint-bidders at S$223.7m

The Housing and Development Board (HDB) has awarded a residential site at Punggol Field/Punggol Road to the highest joint-bidders. They are ChoiceHomes Investments and CEL Development which made the top offer price of S$223.7 million. HDB received a total of five bids for the site measuring 22,497 square metres. The site has a maximum gross floor area of 67,492 square metres. Under the government's...

Chip Eng Seng setting up SPV for Punggol executive condominium development

Construction firm Chip Eng Seng said Wednesday that its wholly-owned subsidiary, CEL Development will set up a special purpose vehicle (SPV) to facilitate the development of an executive condominium (EC) in Punggol. This is in view of the fact that CEL and its partner, Choicehomes Investments, have emerged as the top bidder in a tender for the site. Both sides put in a joint bid of $223.74 million for...

Tender for Punggol Field/Punggol Rd site attracts highest bid of S$223.7m

The Housing and Development Board's (HDB) tender for a residential site at Punggol Field and Punggol Road has attracted the highest bid of S$223.7 million. This came from a joint bid by two companies - ChoiceHomes Investments and CEL Development. That translates to about S$298 per square foot per plot ratio for the reserve list site meant for executive condominium development. The next highest bid came...