The price index for private homes fell 1.1 per cent in the second quarter, the third continuous quarter of price decrease, according to flash estimates released by the Urban Redevelopment Authority (URA) today (July 1). Prices of non-landed private residential properties in all market segments declined in the second quarter, the agency said. In the core central region, prices fell 1.5 per cent, more...
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Resale prices for Housing and Development Board (HDB) flats dipped for the fourth month running, a decline seen across all HDB property types, according to the Singapore Real Estate Exchange (SRX). HDB resale prices for May fell by 1.2 per cent over the previous month, marking a two-year low since April 2012. Prices for executive flats fell the most at 2.8 per cent, while 3- and 4-room flat prices...
Unveiled at the World Cities Summit on Wednesday (June 4) - the first prototype of a town planning tool which can simulate a built-up environment of a city, as well as analyse the impact of initiatives such as LED lighting and solar energy. Developed by the Housing and Development Board (HDB) together with French companies Electricite de France (EDF) and Veolia Environment Recherche et Innovation, the...
The Housing and Development Board (HDB) and Energy Market Authority (EMA) on Tuesday (June 3) inked a deal with Japanese technology company Panasonic to explore the feasibility of a smart home energy pilot. In a joint statement, HDB and EMA said a memorandum of understanding was signed with Panasonic on Tuesday during the World Cities Summit to conduct a year-long study to explore a suite of different...
An executive condominium site in Sembawang has been made available for sale under the Government Land Sales Programme, the Housing and Development Board (HDB) said Thursday (May 29). The 99-year leasehold site, located at Sembawang Avenue, will yield an estimated 620 residential units, HDB said. The tender for the site will close at 12pm on July 10. Source : Channel NewsAsia - 29 May...
For the first time since May last year, there were more than enough new units to go around for first-time buyers in the latest Build-to-Order (BTO) exercise. The drop in first-timer application rates from 1.4 in the previous exercise to 0.9 in the bidding that closed on Wednesday (May 28) suggested the backlog for BTO units among this group has been cleared, said analysts, who also noted that some of...
Plans for the upcoming Bidadari, Tampines North and Punggol Matilda housing areas have received "strong support" from the public, according to a survey conducted by the Housing and Development Board (HDB). In a statement on Monday (May 26), the HDB said close to 4,000 visitors participated in a survey conducted last August during the launch of the three housing areas. Of these, more than 9 in 10...
The Housing and Development Board (HDB) will receive a total of 37 awards at the Building and Construction Authority (BCA) Awards ceremony at Resorts World Sentosa on Thursday (May 22). The awards ceremony recognizes developers and builders for contributions in shaping a safe, sustainable and high-quality built environment in Singapore. 23 of those awards will be Green Mark Awards, the highest number...
Resale prices of Housing and Development Board (HDB) flats remained relatively flat last month, a flash report from the Singapore Real Estate Exchange (SRX) showed. Overall, HDB resale prices dropped slightly by 0.2 per cent in April compared to March. This decrease is driven by 3-, 4- and 5-room flats which softened by 0.2 per cent, 0.8 per cent and 0.4 per cent respectively. However, prices of...
Senior citizens who sold off their old flats and moved to a studio apartment have made around S$200,000 each from the scheme. This is the amount they gained after paying off outstanding loans for the old flat and fully paying for the new studio apartment. National Development Minister Khaw Boon Wan revealed this in his blog on Wednesday as he described the Studio Apartment scheme as one which has...