About half of this year’s new Housing and Development Board (HDB) flats (about 9,000) will be launched in mature towns, said National Development Minister Lawrence Wong on Wednesday (Feb 24). This proportion is higher than last year where new flats in matured estates accounted for one-third of the supply. “We are trying to do more for mature estates because we know that there’s demand,” said...
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A total of 4,170 flats in Bukit Batok, Sengkang and Bidadari were launched on Wednesday (Feb 24), the Housing and Development Board (HDB) announced in a press release. A wide range of flats, comprising two-room Flexi to Three-Generation (3Gen) flats will be launched during this exercise, said HDB. A total of 1,594 flats will be launched in Alkaff Oasis, situated in the mature estate of Bidadari in...
DESPITE sluggish EC sales, the top bid for an executive condo site in the Hougang/Yio Chu Kang area has come in towards the high end of market expectations. The 99-year leasehold site is not near any MRT station but is considered attractive as it is nestled in an established HDB estate, which provides a catchment of potential buyers for the future EC project, and is near amenities (including Hougang 1...
The resale prices of Housing and Development Board (HDB) flats fell 0.5 per cent in January, the first decline in seven months, SRX Property said on Thursday (Feb 4). Prices of three- and four-room flats fell by 0.5 per cent and 1 per cent, respectively. In contrast, five-room and executive flats rose by 0.2 per cent and 1.4 per cent, respectively, the flash estimates showed. Overall resale prices...
Resale prices for flats fell 1.6 per cent for the whole of 2015, according to data released by the Housing and Development Board (HDB) on Friday (Jan 22). The Resale Price Index (RPI) for the fourth quarter came in at 134.8, up just 0.1 per cent from the previous quarter’s 134.6, HDB said. The index provides information on the general price movements in the resale public housing market. Resale...
Rental prices for Housing and Development Board (HDB) flats dipped 0.6 per cent from the previous month in December, while rents for private apartments remained relatively flat with a 0.1 per cent increase, according to a local property index. Year-on-year, rental prices for HDB flats in December fell 4 per cent, and were down 8.6 per cent compared to its peak in August 2013, flash estimates from SRX...
The resale volume of Housing and Development Board (HDB) decreased 4.3 per cent month-on-month in December after shrinking 15.9 per cent in November, SRX Property said on Thursday (Jan 7). A total of 1,404 HDB resale flats were sold last month, down from the 1,467 transacted units in November. However, on a year-on-year basis, resale volume was up 8.4 per cent. Resale prices remained largely similar...
Resale prices for flats fell 1.5 per cent for the whole of 2015, despite rising marginally in the fourth quarter, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Jan 4). The Resale Price Index (RPI) for the fourth quarter came in at 134.9, up 0.2 per cent from the previous quarter, HDB said. The index provides information on the general price movements in the...
To keep flats affordable for Singaporeans, the Housing and Development Board (HDB) has disbursed S$1.6 billion in Additional CPF Housing Grants (AHG) to close to 83,000 households since 2006. It has also given out S$297.61 million in Special CPF Housing Grants (SHG) since 2011 to almost 20,000 households, as of November 2015. HDB gave this update in a media statement on Sunday (Jan 3). Eligible...
The application rate for singles for Housing & Development Board (HDB) flats has fallen, HDB said on Saturday (Jan 2). In an update, HDB said that it has "made steady progress in meeting the home ownership aspirations of singles". It added that the rate is now about 7 applicants per flat in November 2015 - the most recent BTO exercise, down from 58 per flat in July 2013, when singles were first allowed...