SINGAPORE – Prices of Housing Board resale flats climbed 0.4 per cent in November, and fewer units were sold amid the year-end school holiday lull. HDB resale flat prices rose for the second consecutive month, following a decline in September, based on flash data from real estate portals 99.co and SRX on Dec 7. Prices were up[…]
SINGAPORE – Flats at an integrated development in Tanglin Halt and two projects in Bedok are among nearly 4,100 units across seven Build-To-Order (BTO) developments that will go on sale in February 2024. Flats beside the Punggol Reservoir in Sumang and a 1,120-unit project in Woodlands will also be on offer. The Housing Board on[…]
SINGAPORE – The Housing Board on Dec 5 launched 6,057 Build-To-Order (BTO) flats for sale across eight projects in Bedok, Bishan, Bukit Merah, Bukit Panjang, Jurong West, Queenstown and Woodlands. It also announced that it would increase the subsidies for two projects, in Bukit Merah and Queenstown, that are under the prime location public housing (PLH)[…]
A crafty property investor came up with a “foolproof” scheme – buy a new public housing unit, rope in a dodgy estate agent and then blatantly ignore HDB rules to rent it all out. What could possibly go wrong? Pretty much everything, as it happens, even though it does provide the rest of us with[…]
SINGAPORE – About 250 community care apartments in Bedok will be launched in December’s Build-To-Order (BTO) exercise, the authorities said on Nov 30, as they released more information on these assisted-living spaces. To encourage intergenerational bonding, the flats will be part of a bigger development in Chai Chee, which includes three-, four- and five-room flats.[…]
SINGAPORE – The Housing Board has released an executive condominium (EC) site in Tengah for sale under the Government Land Sales (GLS) programme. A site in Tampines Street 95 was also made available for application under the reserve list, HDB said on Nov 30. This means it will be put up for tender if a[…]
SINGAPORE – Prices of Housing Board resale flats edged up 0.5 per cent in October, and more units were sold as the market picked up following a dip the month before. HDB resale flat prices grew at a quicker pace in October, following a 0.6 per cent decline in September, based on flash data from real estate[…]
SINGAPORE – For the first time in more than 40 years, Housing Board flats will be built on Pearl’s Hill in Chinatown as part of efforts to provide a mix of housing options in central locations. About 6,000 public and private homes, including Build-to-Order (BTO) and rental flats, will be progressively developed on the hill[…]
SINGAPORE – Upgrading work on ageing homes, the development of new flats and more keys being issued to buyers were among the factors that drove the Housing Board’s deficit to a record $5.38 billion for the 2022 financial year (FY) from April 2022 to March 2023. This was about 23 per cent higher than the[…]
SINGAPORE – Rental volumes for condominiums and Housing and Development Board (HDB) flats fell in September, extending the drop in August. Rents for HDB flats edged up again, while condo rents continued to decline, based on flash estimates from SRX and 99.co released on Friday. Data showed that condo leasing volumes slid 15.2 per cent[…]
SINGAPORE – Prices of Housing Board resale flats showed signs of stabilisation in the third quarter of 2023, rising by 1.3 per cent – a slower pace when compared with the average quarterly growth of 2.5 per cent in 2022. It is the 14th consecutive quarter of price increase since the second quarter of 2020,[…]
Conditions attached to the sale make the purchase of such homes onerous. If you are 35 years old and buying a two-room flexi Build-To-Order (BTO) Plus or Prime flat when these are launched in 2024, odds are high that you will be able to sell that flat only when you are 50 years of age.[…]