There is no slowdown in the public housing market, but National Development Minister Mah Bow Tan has said the number of transactions may not be as high as six months ago, as the market is now more balanced with an adequate supply of new flats being offered by the Housing and Development Board. He was speaking to the media at the sidelines of a constituency event on Sunday. Mr Mah said, "The economy is...
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TO help meet demand for flats in the northern part of the island, the Housing and Development Board (HDB) yesterday launched a: Build-To-Order (BTO) project in Woodlands town called Straits Vista @ Marsiling. The project, comprising 50 units of three-room and 332 units of four-room flats, is located near the Woodlands Regional Centre and is served by the Woodlands MRT station and bus interchange. It is...
Singapore's public housing agency - Housing and Development Board (HDB) - has been given the United Nations Public Service Award. HDB said the award is in recognition of the Home Ownership Programme, which has successfully provided over 80 per cent of Singaporeans with affordable quality flats, of them 95 per cent own these homes. Describing it as a significant milestone in its history, HDB said the...
The Housing and Development Board (HDB) on Tuesday launched a Build-To-Order (BTO) project called Straits Vista @ Marsiling. The project is located near the Woodlands Regional Centre, and is served by Woodlands MRT station and bus interchange. HDB advised potential buyers to plan ahead for their housing needs, since BTO flats take a few years to complete. It said couples planning to get married should...
National Development Minister Mah Bow Tan said the Housing and Development Board (HDB) is containing construction costs as much as it could even though they have gone up significantly recently. HDB is doing this by simplifying some of the projects or by combining them so that there are more economies of scale. A recent example is the Punggol Sapphire project which has more than a thousand units against...
Chip Eng Seng has won a $124m HDB contract to build five residential blocks in Sengkang. The contract also includes the construction of a multi-storey car park, with a planned community facility on the first floor and a precinct pavilion. Construction is expected to begin this month, and be completed by 2011. The new contract brings Chip Eng Seng's current order book to a total of $755 million. Earlier...
I REFER to “Building Brics for HDB” (May 27) from Wong Weng Keet. The new flat application process aims to encourage flat-buyers to think through their housing plans and options carefully before they apply for a flat. We would like to clarify that under the revised procedures, the priorities under the Married Child Priority Scheme (MSCP) are not “cancelled out”. Those applying under MSCP will...
Only two bids were received in the tender for a residential site at Simei Road, which is being launched under HDB's Design, Build and Sell Scheme. Property developer Sim Lian Land put in the top bid of S$52 million. The price works out to S$1,472 per square metre of gross floor area. AMK Development put in the lower bid of S$37.2 million or S$1,055 per square metre of gross floor area. The parcel spans...
The Housing Development Board (HDB) is tapping on the minds of Singapore Polytechnic (SP) students, to remake Punggol Town. The call for ideas is also extended to the general public. Gabriel Seah, a landscape and architecture student from SP, said: "The first thing that came to my mind will be wetlands. As we all know, the discharge of storm water into the river, or even into the sea is unfiltered. So...
Proposed flat application system gives ownership of choice and saves on effort I APPLAUD the Housing and Development Board’s (HDB) recent initiative regarding balloting under the build-to-order (BTO) scheme, which aims to deter people from throwing their names into the flat-balloting hat frivolously. However, I feel that the root of the problem lies with the balloting system - it is like a lucky-draw,...