The Pinnacle@Duxton was among four Singapore projects that won top awards at the World Architecture Festival in Barcelona. The HDB's 50-storey residential project at Tanjong Pagar was named the World's Best Housing Development, said a press release from the Urban Redevelopment Authority (URA). This is the second big global award for the project this year. In June, it was named the 'Best Tall Building' by...
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Flats offered in HDB's latest Build-To-Order (BTO) project in Sengkang turned out to be very popular. At the close of applications on Monday, Anchorvale Horizon, which is bounded by Sengkang East Way and Anchorvale Road, was 6.3 times oversubscribed. 5,474 applications were received for the 745 units on offer. The most popular are the five-room units. 1,785 applications were received for the 148 5-room...
Flats being offered in HDB's latest Build-To-Order (BTO) project in Sengkang are turning out to be very popular. So far, the 745 units offered at the development called Anchorvale Horizon are seven times subscribed. Some 5,270 applications have been received so far. The most popular are the five-room units. So far, some 1,720 applications have been received for the 148 units offered. In contrast, the...
he Housing and Development Board (HDB) has received six bids for the land parcel at Bedok Reservoir Crescent at the close of the tender on Tuesday. The site is for public housing development under the Design, Build & Sell Scheme (DBSS). The highest bid came from CEL Development, which submitted a bid of S$112.69 million. Kwan Hwee Investment placed the second highest bid of S$109.89 million, while...
The prices of HDB flats are always a subject of much public interest. In my conversations with young couples, a common question I hear is: "Why are HDB flats so expensive? Prices today seem much higher than what our parents paid in the 1970s and 1980s!" I can understand these concerns, especially from those looking to buy their first homes. Yes, flat prices have increased over the years. But, in this...
The Housing & Development Board (HDB) said on Tuesday it was launching two new BTO projects -- Senja Parc View in Bukit Panjang and Anchorvale Horizon in Sengkang. A total of 1,322 flats will be offered. The units will comprise studio apartments, and two- to five-room flats. Some 95 per cent of the public flat supply will be set aside for first-timer households. Including the launch on Tuesday, HDB...
The Housing and Development Board (HDB) has awarded the land parcel at Pasir Ris Drive/Elias Road to joint bidders ChoiceHomes Investments and CEL Developments for S$89.89 million. They had submitted the highest of the six bids received at the close of the tender on October 21. The land parcel, which is for Executive Condominium (EC) housing development, has a site area of over 15,100 square metres and a...
Recent measures to cool the HDB resale market have led to fewer flats being transacted, but they have yet to make a noticeable impact on prices. According to HDB, resale flat prices rose 4 per cent in the third quarter of this year to hit yet another record. This is the ninth straight quarter of rising prices. Prices had risen 4.1 per cent in the second quarter compared to the first. The median...
The HDB resale market saw prices reaching another record level in the third quarter despite measures to cool the property market announced in August. The resale price index (RPI) rose a further 4 per cent to yet another new high of 167.8 in the third quarter, with Cash-Over-Valuation (COV) remaining at S$30,000. Observers said measures announced to cool the property market, which kicked in on August 30,...
The Housing and Development Board (HDB) has received six bids for the land parcel at Pasir Ris Drive/Elias Road at the close of the tender on Thursday. The highest bid came from joint bidders ChoiceHomes Investments and CEL Development, which submitted a bid of S$89.89 million. EL Development put in the second highest of S$89.33 million, while the lowest bid of S$61 million came from Ecco...