SINGAPORE – Housing Board (HDB) resale prices rose 12.5 per cent for the whole of 2021, climbing for the seventh consecutive quarter to fresh highs, flash estimates showed on Monday (Jan 3). In the fourth quarter of 2021 alone, HDB resale flat prices grew 3.2 per cent, a faster pace than the 2.9 per cent[…]
SINGAPORE – About 14,500 Housing Board (HDB) flats were delivered in 2021 despite disruptions to the construction industry caused by the Covid-19 pandemic. This number is a more than 50 per cent increase over the 9,400 flats handed over in 2020, and higher than the 13,500 units delivered in pre-pandemic 2019. The waiting time for the[…]
SINGAPORE – Home buyers deterred by high Housing Board (HDB) resale flat prices may have a better shot at securing a unit next year, given that new property cooling measures are widely expected to dampen the red-hot market. The double-digit growth earlier tipped for HDB resale flat prices has been lowered by at least two[…]
SINGAPORE – House hunters eyeing the popular Bukit Merah estate can tap an upcoming development of around 1,500 Build-To-Order (BTO) flats on a site in Alexandra that is less than a 10-minute walk to Redhill MRT station. The Housing Board said plans are being drawn up and will be shared when ready. The site is bounded[…]
SINGAPORE – Housing Board resale flat prices rose for the 17th consecutive month, climbing at a faster pace of 1.3 per cent in November compared with October, according to flash data from real estate portals 99.co and SRX on Thursday (Dec 9). Last month’s resale prices had lodged the highest monthly growth since February this[…]
SINGAPORE – Around 5,000 new Housing Board (HDB) flats will be built on the Old Police Academy site in the Mount Pleasant area, with the first Build-To-Order (BTO) project there to be launched within the next five years. Residential blocks will come with sky and roof gardens, along with lush greenery and pedestrian routes woven into the[…]
SINGAPORE – Four-room flats in Rochor were oversubscribed in the first Build-To-Order (BTO) project under a new prime location public housing model that proved popular among home buyers. As at 5pm on Tuesday (Nov 23), there were 4.8 first-time applicants and 92.6 second-time applicants signing up for each of the 680 four-room flats in the River Peaks[…]
SINGAPORE – Demand for Build-To-Order (BTO) flats jumped 70 per cent in 2020 with some 87,800 applications, driven by marriage and family formation and as multigenerational living loses popularity. Comparatively, 51,400 BTO applications were made in 2019, and 38,500 applications in 2018, said the Housing and Development Board on Sunday (Nov 21). The number of[…]
SINGAPORE – A total of 4,501 Build-To-Order (BTO) flats were launched for sale by the Housing Board on Wednesday (Nov 17), including 960 units in Rochor – the first project under a new prime location public housing (PLH) model – which come with a 6 per cent subsidy clawback clause upon their resale. The units are spread across[…]
SINGAPORE – Buyers made a beeline for four-room flats in the first Build-To-Order (BTO) project under a new prime location public housing (PLH) model, with these units drawing three times the number of applicants than units available just a day after they were launched for sale on Wednesday (Nov 17). As at 5pm on Thursday, there[…]
SINGAPORE – The rental markets for Housing Board (HDB) flats and private apartments appear to have benefited from the easing of Singapore’s border measures and setting up of more Vaccinated Travel Lanes (VTLs) in the past month. Rents and leasing volume for both HDB flats and condominium units rose last month compared with September, according to flash[…]
SINGAPORE – Housing Board resale prices rose from September to October despite fewer units sold, flash data showed on Thursday (Nov 4). Prices were 0.9 per cent higher in October, marking the 16th straight month of increases. Hikes were seen in both mature and non-mature estates and across all flat types. There were 2,505 HDB resale transactions,[…]
