The Housing and Development Board (HDB) will be testing a more energy- and cost-efficient solar technology in six precincts islandwide next year. Using Copper Indium Gallium Selenide (CIGS) thin-film technology, the project is expected to cost S$4 million. The solar panels will be installed in 20 to 25 HDB blocks, and collectively generate 1 MWp (megawatt peak) of electricity, enough to provide for 200...
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Kitchener Complex in Jalan Besar has been given the green light by the Housing and Development Board (HDB) for improvement works to be carried out, while Bras Basah Complex in the city centre is close to receiving the full support of its merchants. Bras Basah Complex has seen better days. Once the go-to place for books and stationery, it now faces fierce competition from newer shopping centres. Some shop...
The Housing & Development Board (HDB) has unveiled a "Roadmap for Better Living in HDB Towns", which is focused on three key thrusts: well-designed, sustainable, and community-centric towns. To do this, HDB said its roadmap will set out key priorities for the board's professional focus over the next five to 10 years to "deliver a better living environment and meet the evolving lifestyle aspirations of...
The latest Design, Build and Sell Scheme (DBSS) development, Trivelis, has received a total of 2,877 applications when it closed on Monday. There are 888 units - this means there are 3.26 people vying for each unit. The development along Clementi Avenue 4 is the first DBSS project in the area. 60 per cent of applicants are first time buyers. The units have an average indicative price of S$650 per square...
MCC Land has won the tender to develop an executive condominium project at Yishun Avenue 7 and Canberra Drive. The Housing and Development Board said the tender was awarded at nearly S$214 million. The site on a 99-year lease can yield 725 units. Source : Channel NewsAsia - 31 Oct...
The HDB's Resale Price Index (RPI) for the third quarter 2011 expanded to 187.2 from 180.3 in the second quarter. In a press release on Friday, the Housing and Development Board (HDB) said this was an increase of 3.8 percent over the previous quarter. HDB added that resale transactions for flats fell by about 10 percent to 5,903 cases from 6,581 cases in the second quarter. Subletting transactions also...
Strong application rates are expected for Trivelis, a new Design, Build and Sell Scheme (DBSS) project in Clementi which was launched on Wednesday. Located at Clementi Avenue 4, Trivelis is the first DBSS development in the area. Trivelis is also situated right next to Clementi MRT station and Clementi Mall. E-application started on Wednesday and will last till October 31. As of 9pm, there were about...
A new Design, Build and Sell Scheme (DBSS) project, Trivelis, will be launched this week at Clementi Ave 4, about five minutes from Clementi Mall and the MRT station. The developer of the project, EL Development Pte Ltd, has also released indicative prices for the units - S$375,000 to S$470,00 for a 3-room flat, S$530,000 to S$650,00 for a 4-room unit, and S$658,00 to S$770,000 for a 5-room flat. More...
The Lake Vista project under the Design, Build and Sell Scheme (DBSS) at Yuan Ching received some 1,000 applications as at 4pm Monday. With 682 units available, this means that there are three applications for every two units, said developer Hoi Hup Sunway Pte Ltd. Applications will close at midnight on Monday. Analysts said demand for the Lake Vista project was as expected and not overwhelming....
National Development Minister Khaw Boon Wan made a commitment in Parliament on October 19, that every newlywed couple earning below S$10,000 dollars will be able to afford and get their first Build-To-Order (BTO) flat. The HDB has ramped up the supply of new flats to meet demand and the market imbalance is showing signs of improvement. The September BTO launch saw a moderate to low application rate,...