SINGAPORE – The Housing Board expects to complete all Build-To-Order (BTO) projects that were delayed by the Covid-19 pandemic in two to three years. Giving an update on such projects on Saturday (July 30), HDB said more than 7,200 flats were completed in the first half of this year, up from the previous two years.[…]
SINGAPORE – Like many parents, retired factory worker Lim Kim Geok, 63, would like to bequeath her Housing Board flat to her son. Now that her Ang Mo Kio three-room flat has been picked for the Selective En bloc Redevelopment Scheme (Sers), she can get a replacement flat if she can top up the difference[…]
SINGAPORE – Rental prices for homes here continued to rise last month, with Housing Board rents climbing for the 24th straight month and private apartment rents increasing for the 18th straight month. HDB rents went up by 2.3 per cent in June compared with 2.7 per cent the month before, with rents in both mature and non-mature estates[…]
SINGAPORE – Plans for a new housing estate to be built in Choa Chu Kang have been changed to accommodate at least 2ha of existing greenery, following an environmental study and public feedback. Green spaces were not planned in the Urban Redevelopment Authority’s (URA) 2019 masterplan for the site of 21.7ha, which comprises the woodland of about[…]
SINGAPORE – Being picked for the Selective En bloc Redevelopment Scheme (Sers) used to be great news for Housing Board dwellers, akin to striking the lottery or gaining a windfall. This was because Sers owners could essentially upgrade from an ageing flat to a new flat with a fresh 99-year lease at little to no[…]
SINGAPORE – Moves by central banks around the world to raise interest rates to tame inflation are already fuelling sharp downturns in housing markets as buyers turn cautious in the wake of costlier mortgages. Research consultancy Capital Economics said house prices will fall by 20 per cent in Canada and New Zealand, by 15 per[…]
SINGAPORE – Prices for Housing Board resale flats rose for the 24th straight month in June even as fewer units were sold, with the proportion of flats sold in non-mature estates climbing. HDB resale flat prices rose 1.2 per cent last month, a quicker pace compared with May’s 0.5 per cent, according to flash data from real[…]
SINGAPORE – A five-room Housing Board flat at Block 28 Marine Crescent changed hands for $1,010,888 this month, marking the first million-dollar HDB resale transaction in the Marine Parade estate. The 126 sq m flat, which includes a recess area, boasts a panoramic unblocked view of East Coast Park from all windows, including the utility room[…]
SINGAPORE – Nearly all of the 540 Ang Mo Kio residents aged 45 years and above will not have to top up any money to move into a similarly-sized replacement flat if they opt for a 50-year lease, said National Development Minister Desmond Lee. He gave this update on residents affected by the Ang Mo Kio[…]
SINGAPORE – Some owners of flats undergoing the Selective En bloc Redevelopment Scheme (Sers) in Ang Mo Kio said they will likely take up a new rehousing option for a replacement flat on a shorter 50-year lease. It is one of two new rehousing options introduced on Saturday (July 2) by the Housing Board to provide more[…]
SINGAPORE – Prices of Housing Board resale flats have climbed for the ninth consecutive quarter to new highs, though there are signs that a degree of buyers’ price resistance is setting in as the market stabilises. HDB resale flat prices rose by 2.6 per cent in the second quarter of the year at a slightly faster pace[…]
SINGAPORE – Home owners in the nine Housing Board blocks in Marsiling that are set to be acquired by the Government will need little to no top-ups for new replacement units if they pick the same flat type – though they will have to settle for a smaller floor area. It was announced last month that Blocks[…]
