, PageNation.com

Tag: HDB

Over 2 Million Dollars For A Public Housing Apartment

Saturday, 29th December 2012

An executive condominium (EC) penthouse from HDB (Housing Development Board) public housing project was sold at a record price of S$2.05 million. A spokesman for the CityLife Tampines housing project said the sale was made within the second hour after the show flat was opened for public viewing. The unit with a huge roof top deck and about 2,800 sq ft of living space was sold to a young twenty something couple.

New HDB Flats Over Subscribed

Wednesday, 4th April 2012

There are over 26,000 applications for 8,000 new HDB Build-To-Order (BTO) flats. Many of the applicants made use of the priority schemes which enable married children and parents to stay close to each other. There is one in three chance that these applicants would get the dream homes.

Prices Of HDB Homes Gone Up

Monday, 2nd April 2012

Resale prices of HDB flats rose in the first quarter of 2012. Numbers from HDB showed that public housing flats from HDB saw and increase of slightly more than half a percentage point (up 0.5%). The price increase was also lower than the 1.7% increase registered in the fourth quarter of 2011.

HDB Households To Receive S$40 Million of Rebates

Saturday, 31st December 2011

About 800,000 HDB (Housing Development Board flats) households to receive SGD $40 Million of U-Save rebates. The U-Save rebates in January 2012 are the final batch of the five years of rebates that were granted as part of the Goods and Services Tax (GST) Offset Package beginning in 2007.

Punggol Waterfront Town Opens

Sunday, 23rd October 2011

Punggol Waterfront Town was an ambitious project to transform what some residents have described as a backwater town into a "New Waterfront Town". It has been four years in the making and was envisioned by Prime Minister Lee Hsien Loong. The town, one of the biggest in Singapore, will house some 23,000 families by the end of 2011. Nicknamed "Venice of Punggol", it was built at a cost of S$225 million, lets hope the new waterway built by the Housing and Development Board don't get flooded during the rainy season.

En Bloc Craze Rebooted

Sunday, 22nd May 2011

Laguna Park, a previously public housing turn private located along the "prime" Marine Parade Road, is up for en bloc sale at an expected price of S$1.33 billion. This is the second time the 33-year-old development which has a land area of 63,000 square metres has been put up for sale. The last time Laguna Park made an attempt was in September 2009. It however raised an environmental concerns of Singapore over the needless destruction of good architecture and our limited resources (construction materials like sand, concrete and steel) with perhaps decades of useful longevity ahead.. The property is still in a fairly good condition, so the Singapore Government should consider introducing a 50-year age limit before any development could be considered for collective sale (En Bloc).

Esparina EC Units Balloted

Friday, 8th October 2010

A balloting exercise was conducted to allow applicants of the newly-launched Esparina Residences to book their units as over 1,150 people applied for the 573-unit executive condominium. The EC site is only 5 minutes walk to Buangkok MRT station and has full condominium facilities.

Racial quotas reached in some neighbourhoods

Monday, 13th September 2010

Parliamentary Secretary for National Development Dr Mohamad Maliki Osman announced at 14 per cent of 162 Housing Development Board (HDB) neighbourhoods reached ethnic quota. The Ethnic Integration Policy (EIP), which began in 1989, stipulates ethnic quotas in HDB estates to prevent the creation of ethnic enclaves. Dr Maliki was responding to public concern that for flat owners who said they had sold their property below market valuation because the buyer had to be from a particular ethnic group. The problem was especially acute for flat owners from minority ethnicities and feel that they are disadvantaged as a result of their ethnic minority status.

More New HDB BTO At Punggol

Wednesday, 21st April 2010

The Housing and Development Board (HDB) has launched two new BTO projects in Punggol. They are Punggol Emerald and Punggol Waves which offered a total of 1,429 HDB flats. It comprises of of studio apartments, three-room apartments, four-room apartments and five-room apartments. 95% of the supply of will be set aside by HDB for first-timer home owners.

HDB To Upgrade 85,000 Households

Friday, 16th April 2010

The Housing and Development Board (HDB) has committed $1 billion to upgrade eight towns. The eight towns are in the Central zone like Ang Mo Kio, Toa Payoh, Bishan, Serangoon, Kallang/Whampoa, Queenstown, Bukit Merah and Central. This upgrade plan was announced by Deputy PM and Minister for Home Affairs, Wong Kan Seng announced this at the HDB's 50th anniversary celebrations.

Older Entries