The number of public housing blocks eligible for lift upgrading has gone up. When the lift upgrading programme (LUP) started in 2001, 5,300 blocks did not have full lift access. Of these, 1,000 did not qualify due to the high cost of upgrading. But now, that number has dropped to 200. Eligible blocks are those where the cost of fitting lifts on every floor, averages a maximum of S$30,000 per unit. But...
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Two Built-To-Order (BTO) housing projects were launched on Friday, offering 1,200 flats in Sengkang and Jurong West. On the first day of sale, the Housing and Development Board (HDB) received 501 applications for the units. Located near two LRT stations, it is no wonder flat buyers are drawn to the 495 flats available at Fernvale Palms in Sengkang. An interested buyer said: "By the time the flat is...
The Housing and Development Board (HDB) launched two new Build-To-Order (BTO) projects on Friday. Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West offer a total of 1,200 standard flats. They comprise 240 units of 2-room, 396 units of 3-room, 512 units of 4-room and 52 units of 5-room flats. These 1,200 new BTO flats form part of the 5,000 new flat supply which National Development Minister...
The Housing & Development Board (HDB) says the chances of a first-time flat buyer shortlisted to select a flat under the first Sale of Balance Flats exercise is slim, despite the priority given to them. This is due to the overwhelming response to the exercise which will end at midnight Wednesday. More than 20,000 applications were received as at 5pm for the 2,100 flats on offer. About seven in ten...
The Housing & Development Board (HDB) has seen strong demand for the 2,100 flats being offered under its "Sale of Balance Flats" exercise. The HDB received more than 19,000 applications, just a day before the exercise closes, which means that the flats are nearly nine times oversubscribed. Demand was high for the flats - ranging from studio apartments to executive flats - in estates such as Bedok,...
The Housing and Development Board (HDB) will launch another eight "build-to order" (BTO) projects for flats by the end of this year. These projects will be launched in Sengkang and Jurong West this month, two projects in Punggol next month and four projects in Dawson, Bukit Panjang and Sembawang in December. National Development Minister Mah Bow Tan, who viewed one of the selection exercises at the HDB...
Blocks 101 to 109 in Potong Pasir Avenue 1 will be the first in an opposition ward to undergo lift upgrading, according to People's Action Party (PAP) adviser to Potong Pasir, Sitoh Yih Pin, in a news release on Friday evening. In July, the government announced that some blocks in opposition-held Potong Pasir and Hougang will come under the Lift Upgrading Programme (LUP). The plan is to have all eligible...
The Housing and Development Board (HDB) will release 7,000 new flats in the next three months, to cope with strong market demand. This is more than that offered in the first nine months of the year. From now to December, the HDB will launch 5,000 new flats for sale under its Build-to-Order (BTO) scheme. These will be in both new and mature towns, including 1,700 units in Dawson estate in...
The Housing and Development Board (HDB) will review whether the target group for the Lease Buyback Scheme needs to be expanded. The Scheme, launched in March this year, allows low-income elderly living in smaller flats (2- and 3-room flats) to sell the remaining leases to the government in return for annuities. In a written response to a question in Parliament, National Development Minister Mah Bow Tan...
The topic of the affordability of HDB flats was raised in Parliament on Monday during question time. In his reply, National Development Minister Mah Bow Tan has again emphasised that they remained affordable. He explained the public housing body caters to eight out of ten Singaporeans earning from S$1,500 a month to S$8,000 a month with different types of flats, needs and tastes. And the HDB is putting...