Prices of resale flats for the second quarter of this year fell 0.2 per cent from the first quarter, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Jul 1). The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have dipped slightly from 131 to 130.8. Resale prices for HDB...
From Tuesday (Jun 11), those looking to buy a balance flat from the Housing and Development Board (HDB) can view the online listing at any time of the year and book a flat as early as a day after making an application. This new option of an "open booking", first announced by National Development Minister Lawrence Wong in February, would allow more home buyers to move into their flats earlier, said HDB...
There were more Housing Board (HDB) resale flats sold in May compared with April, though resale prices showed a slight dip month-on-month. Last month, 2,075 HDB resale flats changed hands, a 7.5 per cent increase from the 1,931 transacted units in the month before, according to flash estimates from real estate portal SRX released on Thursday. Resale volume was 18.3 per cent higher in May than the...
New Build-to-Order (BTO) flats sold from February onwards will include higher-quality furnishings, such as more water-efficient toilets and tougher porcelain tiles, the Housing and Development Board (HDB) said on Wednesday (Jun 5). These changes are part of efforts to make new flats more modern and to bring standards closer to mass market condominiums, it added. Speaking at a media briefing, HDB’s...
The Housing and Development Board (HDB) has launched 6,753 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Wednesday (May 22). The launch includes 3,485 BTO flats in Kallang Whampoa, Tengah and Woodlands as well as 3,268 SBF flats across various towns and estates. This is the first HDB sales exercise in which the balloting...
The first housing project in Tengah's Garden District will be launched for sale in the Build-to-Order (BTO) exercise this month, said the Housing and Development Board (HDB) on Monday (May 20). Garden District is the second of five housing districts in Tengah to be developed, after Plantation District. Unveiling plans for Garden District on Monday, HDB said it is expected to provide up to 6,500 new...
HDB has put an executive condominium (EC) site at Canberra Link in Sembawang up for sale by public tender, it announced said on Thursday. The 99-year leasehold site is the only EC parcel of five confirmed list sites under the first half-2019 government land sales (GLS) programme. On the first half-2019 reserve list, there is one EC site at Fernvale Lane that can yield 525 units. Reserve list sites are...
Central Provident Fund (CPF) members will continue to earn interest at 2.5 per cent per annum on their Ordinary Account (OA) and at 4 per cent per annum on their Special and Medisave accounts (SMA) between Jul 1 and Sep 30. The concessionary interest rate for Housing and Development Board (HDB) mortgage loans - pegged at 0.1 per cent above the OA interest rate - will remain unchanged at 2.6 per cent per...
Rules for buying homes using Central Provident Fund (CPF) money and HDB housing loans will be updated on Friday (May 10) – a move “in the right direction” that will give home buyers here more flexibility, some industry watchers said. The new rules could also sway demand for ageing homes, they added. READ MORE: New rules on buying properties using CPF, HDB housing loans Citing changing needs...
The volume of Housing Board (HDB) resale flats changing hands rose by 16.5 per cent in April from the previous month, while prices eased slightly. According to flash estimates from real estate portal SRX Property on Thursday (May 9), 1,931 resale flats were sold in April, up from 1,657 transactions in March. Last month's volume also marked a 4.3 per cent increase when compared with April last...
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