Valuation and resale applications to the HDB will go fully electronic from January 3 next year. Currently, the majority of these applications are handled by housing agents and more than 85 per cent of all requests are already made online. HDB said with full electronic submission, customers will benefit from the lower online fees. The housing board said the move towards 'paper-less' transactions is also...
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The latest Build-To-Order (BTO) project in Yishun has drawn moderate interest from home buyers. Hours before applications close on Wednesday, Yishun Greenwalk has received about three times the number of applications for the 1,176 units available. This is a sharp drop compared to the previous BTO project in Sengkang, which had more than seven applicants for each flat. Located next to a park and within...
Prive, the first executive condominium (EC) in the new waterfront township of Punggol, will be open for preview on Friday. Two to four bedroom units, in sizes ranging from 775 sq ft to 1,442 sq ft, are available at an average price of about $660 to $700 psf. The project, which boasts quality finishings and a basement carpark as well as a yoga deck and spa pods, is developed by NTUC Choice Homes...
The Housing Development Board (HDB) has received two bids for the sale of a site at Upper Serangoon Road. The 20,000 square metre site is designated for public housing under the Design, Build and Sell Scheme (DBSS). It was launched in October and the tender closed at 12 noon on Tuesday. Kwan Hwee Investment made the top bid at S$155 million which amounts to about S$2,217 per square metre. Meanwhile,...
HDB is launching a tender for a mixed commercial and residential sale site in Punggol Town Centre on Tuesday. It said the site can potentially yield 50,400 square metres of gross commercial space and 685 housing units. The site, occupying 3 hectares, is being released for tender under the Confirmed List Government Land Sales (GLS) Programme for the second half of this year. HDB said this development...
It's all about giving hope for a better future Over the last two months, I have shared my thoughts about public housing in Singapore - why we actively promote homeownership, why the Housing and Development Board (HDB) has to build different flats for different buyers, and how flats are made affordable. But the path to homeownership is not always easy for some families, especially if they fall on hard...
The Housing & Development Board (HDB) has awarded the tender for the land parcel at Tampines Avenue 8 to joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. They submitted the highest tender for the site at S$187.6 million out of a total of 6 bids received. That translates to about S$302 per square foot per plot ratio. The land parcel has a site area of more than 20,000 square...
The Housing and Development Board (HDB) has closed the tender for a residential site at Tampines Avenue 8 after receiving six bids. The highest bid of S$187.6 million came from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. That translates to about S$292 dollars per square foot per plot ratio. The land parcel has a site area of more than 20 thousand square metres and a maximum...
Singapore's National Development Ministry said 1,318 families have benefited from the Interim Rental Housing scheme as of end-October. The scheme was introduced in January 2009 to help families in financial hardship find temporary accommodation while waiting for permanent housing solutions. Tenants pay about S$300 to S$400 monthly for a room, including utilities and service and conservancy charges, in a...
Yishun estate has welcomed four new housing projects in the last three months. Yishun Greenwalk, one of two Build-to-Order HDB projects, has attracted more than 1,000 applicants in two days. It offers more than 1,100 flats for first-time households. The HDB is also rolling out the Adora Green under the Design, Build and Sell Scheme. Executive condominium, The Canopy, is also adding to the buzz in...