Impact minimal as increase is small: Housing agents Starting next month, single Singaporeans aged 35 and above looking to buy Housing and Development Board (HDB) resale flats to live with their parents may apply for a higher Central Provident Fund (CPF) housing grant of $20,000. While this is up from the current $11,000 for singles who live alone, property agents TODAY spoke to said the impact would be...
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Board should do more to weed out insincere applicants My fiancee and I are young executives who are looking for a place to live after we get married. We have applied for a Housing and Development Board (HDB) flat under the Design, Build and Sell Scheme (DBSS) and the Build-To-Order (BTO) schemes several times, but have repeatedly drawn very high queue numbers. The application fee of $10 should be raised...
Starting next month, single Singaporeans aged 35 and above who buy HDB resale flats to live together with their parents may apply for a higher CPF housing grant of S$20,000 if they meet the eligibility conditions. The Housing and Development Board said this higher-tier singles grant will also apply to eligible singles buying the Design, Build and Sell Scheme (DBSS) flats with their parents. Under the...
The Housing and Development Board is releasing two parcels of land for condominium housing under the Reserve List of the Government Land Sales programme.One of them, at Jurong West Street 42, is for executive condominium housing, while the other at Chestnut Avenue is for private apartments. Among the two sites, the one at Chestnut Avenue is expected to get more attention from developers. Analysts said this...
From May, agents must apprise buyers, sellers of HDB policies MORE transparency and fewer disputes - these are the twin aims of a new checklist that housing agents will have to go through with buyers and sellers before a HDB resale flat transaction can be completed. Similar to what insurance agents have to do with their clients before sealing a policy, property agents will have to cover the key items of...
HDB announced on Monday that it is introducing mandatory Resale Checklists for housing agents handling resale HDB flat transactions. The checklists cover a list of key policies and procedures that agents will need to advise resale flat buyers and sellers before they commit to a transaction. This is part of HDB's ongoing efforts to ensure that buyers and sellers are aware of relevant HDB purchase and...
A house buyer was cheated of S$5,000 when she was buying a five-room resale flat in Woodlands. Wong Git Siow said: "Since I was already buying the house, and... she (the flat owner) said she did not have enough money for the New Year, I did not mind giving her the $5,000 deposit." Ms Wong claimed that the flat owner changed her mind after receiving the S$5,000 deposit, and never returned the money. She...
The Housing and Development Board (HDB) has received an overwhelming response to its second batch of Build-to-Order flats in Yishun. Jade Spring was launched on Tuesday, and as of 5pm on Wednesday, HDB received 771 applications for the 576 flats available. 715 of the applications were for the four-room units. The prices of the two, three and four-room units range from S$77,000 to $253,000. Interested...
The second batch of flats under this year's Build-To-Order project was launched on Tuesday. Called Jade Spring, HDB is offering 576 two-, three- and four-room flats. The site is located at the junction of Yishun Ring Road and Yishun Avenue 11. It is also near the town centre where the MRT station, Northpoint Shopping Centre and the future Khoo Teck Puat Hospital are located. The prices of the units...
Celebrations were held at the recently upgraded Upper Boon Keng Riverview precinct on Sunday. A total of 183 flats have been upgraded under the Housing and Development Board's S$11 million Main Upgrading Programme (MUP). Information, Communications and the Arts Minister and MP for the area, Dr Lee Boon Yang, visited some of these apartments which have been improved with the fixing of new doors, more...