BTO flat delays, rising values in private home market, improving sentiment cited as factors The hot streak continues for Housing Board flats, with resale prices up again last month – the ninth straight month of increase – and the all-time high now within touching distance. Buyers are being driven to the sector by a cocktail[…]
SINGAPORE – More condominium units and Housing Board (HDB) flats were leased in March while rents continued to rise, as landlords opened their homes for viewing after the Chinese New Year lull and tenants flocked back to the market. Rental volume for condo apartments rose to an eight-month high last month, surging by 32.4 per[…]
Buyers can soon submit documents and be assessed for grants, loans in one application Flat buyers can soon submit their documents and be assessed for grants and loans in one application, instead of having to send multiple applications. Buyers can also apply for housing loans from participating financial institutions directly on the Housing Board flat[…]
Housing Board flats remain a hot commodity with a record 23 units changing hands last month for a million dollars or more, while overall resale prices rose for the eighth straight month. Resale prices climbed 1.4 per cent last month from January, and a striking 8.3 per cent from February last year, although they are[…]
SINGAPORE – About 1,700 flats were surrendered to the Housing Board over the past five years, including 700 that were given up due to reasons such as break-ups or divorces. These figures were revealed by Senior Minister of State for National Development Sim Ann in Parliament on Tuesday (March 2), in response to Mr Gan[…]
230,000 newer ones next in line, but time frame for HIP roll-out not yet specified The majority of the 320,000 eligible flats built before 1987 have undergone upgrading works under the Housing Board’s Home Improvement Programme (HIP). Of these, about 215,000 flats, spread across 230 projects, have completed upgrading works, while works are currently under[…]
SINGAPORE – Two-room flexi flats have proved popular with older buyers, with more than half of them aged 55 and above, figures revealed on Saturday (Feb 27). Singles have been the second-largest group purchasing the units since they were introduced six years ago, the Housing Board (HDB) said. As at Dec 31, about 34,700 two-room flexi flats had been[…]
Families progressively moving into units at three of 12 launched public housing projects More than 2,000 Build-To-Order (BTO) Housing Board flats in Singapore’s newest large estate, Bidadari, have been completed, with families progressively moving into their new homes. These flats are spread across three projects – Alkaff Vista, Alkaff LakeView and Alkaff CourtView – which[…]
Price gap between new and resale units in this region stands at 47%, widest in 25 years The price gap between new private homes and older “pre-loved” ones in the suburbs has widened further on the back of a buying spree from HDB upgraders armed with cheap mortgages. New homes typically command a premium over[…]
SINGAPORE – Bigger flats in Kallang/Whampoa and Bidadari proved to be the most popular among home seekers in the Housing Board’s first sales exercise of the year that concluded on Wednesday (Feb 10). Seniors wanting to live in Singapore’s first assisted living public housing in Bukit Batok also face stiff competition, with four times as many applicants[…]
This came about over past five years through schemes, grants, help from Home Ownership Support Team: HDB About 4,600 families in public rental homes have become home owners of Housing Board (HDB) flats over the past five years through various housing schemes and grants. By 2023, around 1,000 families will be offered help by HDB[…]
Assisted living homes in Bukit Batok also oversubscribed just a day after launch All Build-To-Order (BTO) flats in the Toa Payoh (Bidadari) and Kallang/Whampoa mature estates have been oversubscribed just a day into their one-week launch for sale. Seniors wanting to live in Singapore’s first assisted living public housing in Bukit Batok will also face[…]