On May 8, authorities said they were investigating the resale listings for two HDB flats for being “misleading” and “unrealistic” in their asking prices of S$2 million. Asked if its new listing service can help to deter such incidents, HDB said: “The government will not condone behaviour, whether by sellers or their property agents, that … Read more
HDB said the construction of the neighbourhood centre was timed to be completed at about the same time as the four BTO precincts around it. “Similar to other neighbourhood centres, the upcoming Plantation Plaza will be completed after some critical mass of residents has built up, to ensure business viability for retailers,” the agency said, … Read more
REDEVELOPED KAMPONG KEMBANGAN CC HDB said the existing Kampong Kembangan CC will be redeveloped and co-located within the integrated development. The new CC will house more sports and recreational facilities, such as a sheltered basketball court, dining options, a multi-purpose hall that can accommodate three badminton courts, a function room, activity rooms, a culinary studio, … Read more
“(Since) 2022, we have seen more and more four-room flats being sold quicker. As of last year, this number has gone up about 15 per cent as compared to 2022,” said real estate agent Tay Jooann, adding that prices are expected to continue to go up steadily. “In essence, we did see more buyers coming … Read more
SINGAPORE: For the first time since 2015, the Housing and Development Board (HDB) will hold three instead of four Build-to-Order (BTO) sales exercises in a year. A total of 19,600 new public housing flats will be launched in three batches in 2024 – February, June and October. “With three BTO launches instead of four, home buyers can … Read more
WHO WILL BENEFIT? Some companies that employ foreign workers, such as those from the food and beverage and service sectors, will benefit from the temporary increase in occupancy cap as they will require fewer rental units to house their staff, ERA Singapore’s key executive officer Eugene Lim said. Some firms rent HDB flats or private … Read more
PropNex CEO Ismail Gafoor said it looks like the demand for new public housing has largely stabilised. “Moving forward, we would expect overall application rates of BTO launches to generally range between two and three times, although it could vary slightly at times, depending on the supply and location of flats launched,” he said. Mr Gafoor … Read more
