Mainboard-listed construction firm Chip Eng Seng has won a S$156 million contract to design and build residential units in Punggol West for the Housing and Development Board (HDB). The deal includes the construction of a car park and community facilities. Construction is expected to begin in April next year, pending HDB approval, and is estimated to take 30 months to complete. This is the third...
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The Lease Buyback Scheme (LBS) to help low-income households monetise their flats for their retirement needs could be implemented as early as January next year. Senior Minister of State for National Development Grace Fu gave this update in Parliament on Tuesday when replying to a question brought up by MP for Aljunied GRC Cynthia Phua. Under the scheme, first announced by Prime Minister Lee Hsien Loong...
The Housing and Development Board has awarded the tender for a public housing site under Design, Build and Sell Scheme (DBSS) to Ho Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup JV Development Pte Ltd. Their successful joint bid was S$198,822,000 for the site at Lorong 1A Toa Payoh. The plot has an area of 27,479.9 square metres and an allowable gross floor area of 115,415.58 square...
The Housing and Development Board (HDB) will complete its review of the Public Rental Scheme as early as year end, says National Development Minister Mah Bow Tan. The HDB will tighten eligibility criteria for rental flats and help moderate demand. But from now, applicants with more urgent needs will be able to bypass the long queue to get their flats. The HDB is also increasing the number of rental flats...
National Development Minister Mah Bow Tan has given the assurance that no household will be left out of the benefits of basic home improvement works. Mr Mah, who is also MP for Tampines GRC, was speaking at the launch of an upgrading project at a Tampines precinct. Under the scheme - known as the Home Improvement Programme - introduced last year, basic repairs are fully funded by the government, while...
Seven blocks along Commonwealth Drive are the latest to come under the Housing and Development Board's (HDB) Selective En Bloc Redevelopment Scheme (SERS). Blocks 74 to 80, which are 44 years old, will make way for redevelopment. The latest site has a total of 669 flats. This brings the total number of sites identified for SERS since the scheme started in 1995 to 72. HDB said it will build 730 units of...
The Housing and Development Board (HDB) said its latest survey showed that residents under the Selective En bloc Redevelopment Scheme (SERS) were satisfied with their new and improved living environment. More than 1,000 households were interviewed in the 2007 survey. 96 per cent of the respondents said their present living arrangement was ideal because replacement sites were generally located close to...
The latest HDB survey of residents affected by the Selective En bloc Redevelopment Scheme (SERS) showed the scheme is still a popular one among residents. The majority of the 1,000 households polled said they were given enough time to prepare for the relocation and that they were relocated to a place within the same estate near their previous neighbours. This is in addition to having a better living...
Singapore’s third condominium-style public housing project, Park Central@AMK received over 2,300 applications at the end of a two-week sales period. That’s four times more than the total number of units available. The project will comprise 578 units of four and five-room flats, including 20 penthouse apartments. They cost an average S$500 per square foot. Its developer, United Engineers, said Park...
THE public first got wind of the ambitious vision last August, when Prime Minister Lee Hsien Loong spoke of giving the 56-year-old Dawson Estate a new face. Now, the surgeons who will design its new face have been appointed, and flats could go on sale by next year. Construction is expected to start six months after the sale and the new generation of flats would be ready by around 2014, said Ms Grace Fu,...