Some 20 shopowners in a Selective En bloc Redevelopment Scheme (SERS) are unhappy with the compensation offered by the Housing and Development Board to move to new premises. HDB has now extended the deadline for the shopowners in Bukit Merah View to accept replacement units. The affected shops are at Block 113 and 114 Bukit Merah View. HDB had offered them between S$486,000 and S$780,000 in compensation....
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The "Waterway Terraces" at Punggol have been making waves in the property circle, with 5-room units oversubscribed by 12 times. The Build-to-Order project, which houses 1,072 units, opened for applications on June 30. As of Tuesday evening, the 5-room units saw 12 times the number of applicants. The smaller units are also favoured, with 4-room units in demand at a ratio of 9 applicants to 1 unit. With...
Prices of resale HDB flats went up for the fifth consecutive quarter to surpass the 1996 peak by nearly 18%. HDB's flash estimate for the second quarter showed the Resale Price Index (RPI) rise 3.8% on-quarter to 160.9, surpassing the 1996 peak of 136.9 points. Some analysts said the second quarter tends to see the strongest activity as many home buyers leave their flat purchases till after the Lunar New...
The Housing and Development Board, HDB, has launched three sites for sale by tender under the second half of the Government Land Sales or GLS Programme. Two of them are residential sites and one is a mixed commercial-residential site. The mixed development site is located at the junction of New Upper Changi Road and Bedok North Drive. One of the residential sites in Jurong West is meant for an executive...
The Housing and Development Board's (HDB) latest Build-To-Order (BTO) project, Waterway Terraces in Punggol, is six times oversubscribed, just a day after applications opened. Five-room flats are the most popular, receiving almost 1,800 applications for the 306 available flats. Four-room and three-room units are also oversubscribed. Four-room flats received 2,461 applications for 306 units, while 268...
The Housing and Development Board (HDB) launched three new Build-To-Order (BTO) projects in Punggol and Sengkang on Wednesday. The projects are Waterway Terraces in Punggol, Fernvale Foliage and Rivervale Arc in Sengkang. A total of 2,696 flats will be offered. HDB says this is the largest number of BTO flats offered in a single launch so far. They comprise 238 units of 2-room, 399 units of 3-room,...
Singapore says there is no evidence that sand received by the Housing and Development Board (HDB) has been smuggled out of Malaysia as alleged by The Star newspaper. In response to media queries, a spokesperson for the Ministry of National Development (MND) said that HDB engages sand suppliers on a commercial basis to supply sand for its development works. As part of the procurement process, HDB requires...
The Housing and Development Board will launch a premium housing project in Punggol later this June under the Build-To-Order (BTO) system. Sited along the Punggol Waterway, the project will offer waterfront living and boasts eco-friendly features. In line with the project's emphasis on energy conservation, there will be large courtyards and openings to promote natural ventilation and airflow to flats and...
Homebuyers can look forward to another Design Build and Sell Scheme (DBSS) project in Tampines. The Housing and Development Board (HDB) is launching a residential site for sale Wednesday by public tender in Tampines under the Design, Build and Sell Scheme or DBSS. The site is located at Tampines Avenue 5 and Central 8, and is adjacent to the first DBSS project, The Premiere@Tampines. The site area is...
The challenge for the Housing and Development Board (HDB) for the next 50 years is to strengthen the fabric of Singapore's society in the face of changing demographics. Minister for Community, Youth and Sports Vivian Balakrishnan said this at a community event marking the HDB's 50th anniversary. Dr Balakrishnan said: "Working together with grassroots and community leaders, HDB has done well these past 50...