Applications for Park Central@AMK roll in, but how many will translate into actual sales? SINCE its launch last week, :more than1,000 applications have been received for 578 units at Park Central@AMK, Singapore’s third condominium-style public housing development. With developer United Engineers (UE) pricing its Design, Build and Sell Scheme (DBSS) project at $490 psf to $500 psf, it remains to be seen...
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Two award-winning private architects have been officially appointed by the Housing and Development Board (HDB) on Wednesday to put a new spin to the old Dawson Estate in Queenstown. SCDA Architects Pte Ltd and WOHA Architects Pte Ltd were earlier commissioned to draw up plans for two separate public housing sites at the junction of Margaret Drive and Dawson Road. The new flats will be launched for sale...
Some 20,000 people have visited the showflats at Park Central@AMK, Singapore’s third condominium-style public housing development. The project, launched last week, has received over 1,000 applications so far, marginally lower than City View@Boon Keng, a similar development nearer the city that went on sale earlier this year. Applications for Park Central units will close on August 5. David Liew,...
More choice for home-buyers HAD you $20,000 in cash to pay for the Cash-Over-Valuation (COV) component of a resale 4-room Housing and Development Board (HDB) flat, you would have better bargaining power now than in the last quarter of 2007. Back then, you might just have been able to afford such a flat in far-flung areas such as Bukit Panjang, Chua Chu Kang, Jurong or Woodlands. But between April and...
Prices for public housing on the resale market have risen, while those for private property have moderated for the second quarter of 2008. According to latest official figures, there has also been little upward movement in the private property rental market. Data for the HDB resale and rental markets based on transactions in Q2 saw HDB's Resale Price Index (RPI) up 4.5 per cent, compared to the 3.7 per...
Some 1,200 home hunters thronged showflats at Park Central@AMK on the first day of its launch on Wednesday. Of these, 130 have already applied for the flats, which will be ready in 2011. The project is Singapore's third condominium-style public housing, and a queue to view the showflats started forming at 5am. All 578 units at Park Central@AMK come with fittings like built-in wardrobes, air-conditioners...
A YOGA plaza, roof-top garden and spacious balconies with planter boxes for alfresco relaxation and dining - not the normal features you’d expect on an :Housing and Development Board (HDB) estate. United Engineers will be launching its first public housing project for sale next Wednesday, offering a variety of condo-style frills. The development in Ang Mo Kio Street 52 is ground-breaking in a variety of...
HDB upgraders’ demand for condos outside central region could also rise AS SOARING rental rates add to their cost burden, more Permanent Residents (PRs) are snapping up Housing and Development Board (HDB) resale flats. “Two years ago, you would pay less than $1,000 a month in rent for a four-room flat but now, you would be paying almost $2,000,” said PropNex chief executive Mohamed Ismail. “If...
Prices of HDB resale flats rose 4.4 per cent in the three months to June over the previous quarter, according to the Housing and Development Board's flash estimate. Straits Vista @ Marsiling This was slightly higher than the 3.7 per cent increase in the first quarter. In the first half of the year, HDB has launched a total of 4,524 new flats. Subject to demand, HDB plans to offer about 3,900 new flats...
New rules for BTO applications have helped genuine public housing buyers: Mah THE private market may have quietened, but the housing board resale market remains “quite active”, said Minister for National Development Mah Bow Tan. :”Transactions are still strong - not as strong as six months ago, but still relatively strong,” Mr Mah said, on the sidelines of a community event...