hdb

HDB resale volume, prices down in January: SRX

HDB resale prices fell 0.3 per cent in January compared to December, while transactions fell 13.9 per cent to about 1,174 flats resold, according to data from SRX Property released on Thursday. Consultants called the drop a blip and believe that prices of HDB resale flats are still continuing to stabilise. As for the double-digit drop in transaction volume, it could be due to the large supply of...

Singapore’s HDB resale prices, volume fall in January: SRX

RESALE prices and volume of Housing and Development Board (HDB) flats decreased in January compared to December 2016, according to a SRX flash report released on Thursday. HDB resale prices fell 0.3 per cent month-on-month. The resale prices of HDB 3-room and 4-room flats went down by 0.6 and 0.5 per cents, respectively. Those of HDB 5-rooms and HDB executive flats went up by 0.4 and 0.9 per cent,...

HDB resale prices fall 0.1% in 2016

The resale prices of Housing and Development Board (HDB) flats fell by 0.1 per cent in 2016, according to latest figures from HDB released on Thursday (Jan 26). For the fourth quarter of 2016, the Resale Price Index saw the same drop when compared to the previous quarter, it added. Resale transactions dropped 9.1 per cent from 5,514 cases in the third quarter to 5,012 in the fourth quarter of 2016....

Bishan DBSS flat sold for record S$1.18m

A new record high in HDB resale prices was achieved at Natura Loft, an HDB Design, Build and Sell Scheme (DBSS) project in Bishan where a five-room flat was transacted at S$1.18 million last month. This already marks the third HDB resale transaction in the first month of 2017 that crossed a million dollars, according to SRI Pte Ltd, whose property agent represented the seller. This translated to...

Demand for HDB resale flats expected to remain strong this year

The number of resale transactions for public housing flats rose 7.8 per cent to 20,813 cases last year from 19,306 cases in 2015. The latest figure is also the highest in four years. One factor that boosted the resale volume of Housing & Development Board (HDB) flats last year is that more homebuyers sensed that prices in this segment had stabilised and may not fall significantly if they continued to...

Number of HDB resale flat transactions up 7.8% in 2016

THE Housing & Development Board said on Thursday that its resale flat price index dipped 0.1 per cent in the fourth quarter of 2016 over the preceding quarter. The drop for the whole of last year was also 0.1 per cent. The number of resale applications registered dropped 9.1 per cent to 5,012 cases in Q4 2016 from 5,514 cases in Q3 2016. For the full year of 2016, the number of resale transactions rose...

HDB resale prices down 0.3% in Dec, 0.2% in 2016: SRX

HDB resale prices slipped 0.3 per cent in December from a month ago, mainly dragged by the declines for bigger flats, flash estimates from SRX Property show. HDB executive flats and HDB five-room fell the most in resale prices by one per cent and 0.9 per cent respectively, followed by HDB four-room flats and HDB three-room flats that fell 0.2 per cent and 0.1 per cent respectively in resale...

HDB resale prices stabilising, with 0.1% dip in Q4

The stabilising trend for HDB resale prices continued in the fourth quarter of 2016. Prices dipped 0.1 per cent from the third quarter, putting the full-year decline at 0.1 per cent, based on flash estimates from the Housing & Development Board on Tuesday. The potent combination of cooling measures has been effective in arresting the price growth of HDB resale flats. The HDB resale market had its...

HDB resale prices fall 0.1% in Q4 2016: flash estimates

HDB resale prices dipped 0.1 per cent in the fourth quarter compared to the third quarter, based on flash estimates from the Housing & Development Board on Tuesday. This came after two quarters of the HDB resale price index holding steady. Compared to Q4 2015, the HDB resale price index has fallen 0.15 per cent. Data for the full quarter and more detailed public housing data will be released on Jan...

Rochor Centre: Living on borrowed time

“There's nothing much to say,” 80-year-old Mdm Lee said, when asked about the looming demolition of Rochor Centre - her home for the past 40 years. “I'm very sad.” Authorities have yet to announce the exact date the wrecking crew turns up, but have previously said the iconic, rainbow-coloured estate would be torn down at end-2016. Mdm Lee remembers the day the Government said it would acquire...