hdb

The number of resale transactions in Singapore's public housing market fell slightly in the third quarter as prices inched up, the Housing and Development Board (HDB) announced on Friday (Oct 25). The prices of resale flats rose by 0.1 per cent in the three months ending September, confirming flash estimates announced at the start of the month. The resale price index - which provides information on...

The Housing and Development Board (HDB) saw its annual deficit rise to nearly S$2 billion in the 2018/19 financial year from S$1.7 billion the previous year, with the number of new flats sold falling significantly. According to its annual report released on Wednesday (Oct 23), HDB recorded a deficit of S$2.4 billion from its housing programmes, which was offset by a S$462 million surplus from “other...

Fewer Housing Board (HDB) resale flats were sold in September compared with the previous month, and their prices fell. In all, 1,875 such flats changed hands, a 4.9 per cent fall from the figure in August, real estate portal SRX Property said on Thursday when releasing its preliminary figures. Compared with a year ago, last month's decline was 6.3 per cent. Four-room flats made up 39.6 per cent of...

Prices of resale flats for the third quarter of this year rose 0.1 per cent from the second quarter, according to flash estimates released by the Housing and Development Board (HDB) on Tuesday (Oct 1). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have jumped slightly from 130.8 to 130.9, following four...

The Government is working out a new pricing model for future public housing in the Greater Southern Waterfront, in order to mitigate the so-called “lottery effect” of obtaining a subsidised flat in a prime area, said Minister for National Development Lawrence Wong on Thursday (Sep 19). His comments come after Prime Minister Lee Hsien Loong said in his National Day Rally speech last month that the...

More than 4,000 new flats were launched for sale on Wednesday (Sep 11), in the first sales exercise where buyers can benefit from higher housing grants and raised income ceilings. A total of 3,373 Build-to-Order (BTO) flats were launched in Punggol and Tampines, while 719 unsold flats from previous sales exercises were launched under the Re-Offer of Balance Flats (ROF) exercise, said the Housing and...

Home buyers on Wednesday (Sep 11) said that the bigger grants by the Housing and Development Board (HDB) offer them wider options, including buying resale flats if they fail in the bid for a new flat. With the Enhanced Housing Grant (EHG), which took effect on Wednesday, more Singaporeans will be able to get housing grants when they buy their first home. The grant can be used for purchases of both...

The income ceilings to qualify for the purchase of new Housing Board flats will be raised and first-time flat buyers will get more generous housing grants from Wednesday (Sep 11). The household income cap will go up from S$12,000 to S$14,000 for families looking to buy a Build-To-Order (BTO) flat. This increased cap will also apply to HDB housing loans. Those looking to buy an Executive Condominium...

There were fewer Housing Board (HDB) resale flats sold in August compared with July, though resale prices showed a slight increase month on month. A total of 1,921 HDB resale flats changed hands in August, a 9.4 per cent decline from the month before, real estate portal SRX Property said in its flash estimates on Thursday. Resale volume in August was 7.6 per cent lower than the same month last...

Two new Punggol Build-To-Order (BTO) housing estates will pay tribute to Punggol’s history as a fishing village and to one of Singapore’s earliest zoos, the Housing and Development Board (HDB) announced on Sunday (Sep 1). The 2,724 flats within Punggol Point Crown and Punggol Point Cove will be launched for sale in September, and are expected to be completed by 2024. “Tailored to capitalise on...