The first batch of Build-To-Order (BTO) flats in the new Bidadari estate will go on sale in the second half of this month. More than half of the 2,139 flats available – 1,229 units – will be four-room flats. Another 192 will be two-room flats under the Flexi scheme, 567 will be three-room flats and 151 will be five-room units. The flats will be progressively completed from the third quarter of 2019,...
hdb
The "mega launch" of 12,000 flats for the November Housing & Development Board (HDB) launch will take place in the second half of this month, it was announced on Thursday (Nov 12). This will be the largest sales exercise to-date, with a total of about 12,000 flats offered for sale, comprising 7,000 Build-To-Order (BTO) flats and 5,000 balance flats. This is as the September launch of BTO flats was...
The resale prices of Housing and Development Board (HDB) flats were unchanged month-on-month in October, the Singapore Real Estate Exchange (SRX Property) said on Thursday (Nov 5). The resale prices for 3-room flats and Executive flats rose by 0.7 and 0.9 per cent, respectively, while the resale prices for 4- and 5-room flats fell 0.8 and 0.1 per cent, respectively. Overall, prices have declined 2.6...
The Housing and Development Board (HDB) has said it is looking for a replacement contractor for the McNair Towers Build-to-Order (BTO) project, after the contractor ran into financial issues. Construction of the 861-unit public housing development at McNair Road has halted since October, said HDB in response to queries from Channel 8 News on Wednesday (Nov 4). The halt came after the contractor,...
The response to the new Proximity Housing Grant (PHG) has been "most encouraging", with more than one in five home buyers applying for the grant since it took effect on Aug 24, National Development Minister Lawrence Wong wrote in a blogpost on Friday (Oct 30). The PHG, raised income ceilings and increased special CPF Housing Grant (SHG) were some of the new measures announced by Prime Minister Lee Hsien...
The resale market for Housing and Development Board flats in Singapore continued to slide, with the Resale Price Index down by 0.3 per cent and the number of transactions slipping 7.4 per cent in the third quarter of the year. In a press release on Friday (Oct 23), HDB said that the Resale Price Index fell by 0.3 per cent, from 135.0 in the previous quarter to 134.6 in the quarter ended Sep...
More new flats could be offered next year, as the Government expects demand to increase with recent policy changes such as a higher income ceiling and more CPF grants. National Development Minister Lawrence Wong said on Friday (Oct 16) that the supply will likely be below 20,000 units, and a "slight adjustment" from the 15,000 units planned for this year. “We had a huge housing programme where we...
Credit rating agency Moody's assigned its strongest rating to the Housing and Development Board (HDB), citing its close integration with national policies, as well as the strong fiscal oversight and financial support offered to the housing agency by the Singapore Government. Apart from the Aaa rating for the HDB, which is on par with the rating assigned to the Singapore Government, Moody's also issued a...
Prices for Housing and Development Board (HDB) resale flats fell slightly by 0.4 per cent in September when compared to August, while transaction volume rose by 3.9 per cent, according to the latest data released by SRX Property. In a report released on Thursday (Oct 8), SRX said prices for 3-room, 4-room and 5-room flats decreased by 0.1 per cent, 0.6 per cent and 1.1 per cent respectively, while the...
Flash estimates of the Resale Price Index (RPI) for the third quarter of 2015 showed a 0.3 per cent decline in the prices of Housing and Development Board (HDB) flats over the previous quarter, HDB announced on Thursday (Oct 1). The flash estimate for the index is 134.6, HDB said, down from 135.0 in the previous quarter – the ninth consecutive quarter of decline. The RPI for the full quarter will...