More than 10,000 flats were launched for sale on Tuesday (Nov 22) in the Housing & Development Board’s (HDB) largest sales exercise this year. A total of 10,118 flats were offered, comprising 5,110 Build-To-Order (BTO) units and 5,008 units under the Sale of Balance Flats (SBF) exercise, the HDB said. Nine new BTO projects were launched - three in Punggol and another six in Bedok, Bidadari (Toa...
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The resale prices of Housing and Development Board (HDB) flats fell marginally last month, according to flash estimates released by a property index on Thursday (Nov 3). On a month-on-month basis, HDB resale prices in mature and non-mature estates both decreased by 0.1 per cent in October. Compared to a year ago, prices were down 0.5 per cent, SRX Property said. Resale prices of three-room and...
Resale prices for Housing and Development Board (HDB) flats remained unchanged in the third quarter from the previous one, said the agency in its press release on Friday (Oct 28). The Resale Price Index remained at 134.7, but resale transactions have seen a tumble, HDB added. The number of resale transactions fell 5.5 per cent to 5,514 from 5,838 in the second quarter, according to its statistics....
An average of 28 grassroots leaders per year, or less than 0.1 per cent of the total number, have utilised the Ministry of National Development’s Grassroots Organisation (GRO) Scheme over the last ten years, said Minister in the Prime Minister’s Office Chan Chun Sing in Parliament on Monday (Nov 7). Under the GRO scheme, grassroots leaders with three years of continuous and active service in their...
HDB resale prices dipped 0.1 per cent in October compared to September, the SRX Property Price Index for HDB Resale released on Thursday showed. But for the most part, the index has been fairly flat for a few months now, analysts noted. The resale price dip was driven by a 0.9 per cent fall in the resale prices of five-room flats. By contrast, the resale prices of HDB three-room flats and executive...
HDB resale prices dipped 0.1 per cent in October compared to September, driven by a 0.9 per cent fall in the resale prices of five-room flats. By contrast, the resale prices of HDB three-room flats and executive flats rose 0.6 per cent and 0.8 per cent respectively, while resale prices of four-room flats stayed flat. This was according to the SRX Property Price Index for HDB Resale released on...
The resale prices of Housing and Development Board (HDB) flats rose slightly last month, but there were fewer flats sold, according to flash estimates released by SRX Property on Thursday (Oct 6). On a month-on-month basis, HDB resale prices were up 0.1 per cent in September. Compared to a year ago, prices declined by 0.4 per cent. Resale prices of five-room flats led the rise, increasing by 1.2 per...
EXECUTIVE condominiums (ECs) were originally conceived to cater to the aspirations and needs of the so-called "sandwiched" class - those whose household income exceed the ceiling for public housing, but are not yet able to comfortably afford a private condominium. Currently, the monthly household income ceiling to qualify for an EC purchase is set at S$14,000, versus S$12,000 for those purchasing the...
FROM the onset, public housing policy has been the bedrock of Singapore's asset ownership programme. Today, 80 per cent of Singaporeans live in HDB flats. HDB flats have evolved from being just a home to also becoming an investment asset - and a stepping stone to a higher standard of living. By many measures, Singapore's public housing programme has been a resounding success. Undoubtedly, HDB has...
HDB resale prices were unchanged in the third quarter compared to the second quarter, based on flash estimates from the Housing & Development Board. This is the second straight quarter that HDB resale prices have stayed flat, in what is seen as a sign of continued stabilisation of the public housing market. The HDB resale price index is still 9.8 per cent below the peak in the second quarter of...