4,079 new flats for families and singles are on offer in the Housing and Development Board's (HDB) Build-To-Order (BTO) exercise this month. 3,861 flats are up for sale in Bukit Merah, Sengkang, and Yishun. A total of 519 new two-room flats in Sengkang and Yishun will be offered in this BTO exercise. 301 units are in new BTO projects, and another 218 units from previous BTO...
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Up to one third of the 519 new 2-room flats on sale under the latest Housing and Development Board (HDB) sales exercise have been set aside for singles. This is the first time singles are able to buy a new flat directly from the government. And with all housing grants added in, the selling price could start from S$16,000. The 2-room flats are in Sengkang and Yishun. All in, the HDB is offering...
The Resale Price Index (RPI) for HDB flats rose slightly by 0.5 per cent from 205.5 in the first quarter of 2013 to 206.6 in the second quarter of 2013. This is lower than the 1.3-per cent growth in the previous quarter and is the lowest quarterly growth since first quarter of 2009. Resale transactions increased by 21 per cent from 4,335 cases in the first quarter of 2013 to 5,235 cases in the second...
Demand for executive condominiums (ECs) has remained buoyant, with another such private-public housing development receiving a robust response at its opening weekend. The 380-unit Lush Acres in Sengkang by City Developments was oversubscribed by about 1.6 times as of Sunday, the developer said yesterday. The announcement followed the launch a week earlier of Ecopolitan in Punggol by Qingjian Realty,...
Lush Acres, a new 380-unit executive condominium (EC) project in Sengkang, has received strong interest from home hunters. City Developments says the project has been oversubscribed by 1.6 times since it opened for application over the weekend. Application closes on 21 July and bookings will be conducted on 17 August. In view of new EC guidelines introduced earlier this year, Lush Acres will not...
City Developments (CDL) will be opening e-applications for its new executive condominium (EC) in Sengkang, Lush Acres, on Saturday. Applications for eligible buyers will be open until July 21, while bookings will be held on August 17. The 380-unit development will offer a range of three to five bedroom apartments. The condominium will also feature a small hydroponics farm for residents to grow...
Ecopolitan, the latest executive condominium in Punggol, has attracted more than 1,000 applications for its 512 units at the close of e-applications on Sunday. This is the highest number of applications received this year for an EC. The eight-block residential development, located along Punggol Way and Punggol Walk, is the first project to be affected by new EC development rules. Ecopolitan features...
With the drop in resale flat transactions, the number of units with high Cash-over-Valuations (COVs) has fallen too. According to data from the Singapore Real Estate Exchange, in the first quarter of 2013, there were 56 flats with COVs exceeding S$100,000. The figure dropped some 20 per cent to 44 in the second quarter. In the first quarter, the top five towns with most flats commanding COV values...
Cash-over-valuation (COV) premiums for Housing and Development Board (HDB) resale flats have fallen to the lowest level in more than two years as the latest property cooling measures continued to work their way through the market. The median overall COV fell to S$24,000 in June, down S$3,000 or 11.1 per cent from the previous month, according to the Residential Property Flash Report released yesterday...
Ecopolitan, the latest executive condominium in Punggol, has attracted more than 650 applications for its 512 units since applications were opened last Friday. The eight-block residential development, located along Punggol Way and Punggol Walk, is the first project to be affected by new EC development rules. It is developed by China-based Qingjian Realty (South Pacific) Group. The company's...