SINGAPORE: The Housing and Development Board (HDB) on Thursday (Nov 7) reported a record deficit of about S$6.8 billion (US$5.1 billion) for the 2023 financial year. The FY2023 net deficit before government grants is an increase from the S$5.38 billion deficit in the previous year, said HDB in a press release. “HDB incurs significant deficit every year … Read more
SINGAPORE: About 1,900 two-room Flexi flats will be rolled out in October’s Build-to-Order (BTO) exercise, marking the first launch that singles can apply for such units at any location. Previously, eligible singles could only buy new 2-room Flexi flats (of 99-year lease) if they were in non-mature estates. However, it was announced last year that the Housing … Read more
SINGAPORE: In a move to cool Singapore’s public housing resale market, the maximum loan that home buyers can take from the Housing and Development Board (HDB) will be tightened from Tuesday (Aug 20). This was announced late on Monday by HDB and the Ministry of National Development (MND) in a joint media release, which also … Read more
RECOVERY WORK The first of three phases of recovery work involved implementing measures to mitigate “slope failure” and flood risk. This was completed that same month. The second phase, completed in November 2022, involved stabilising the slope with steel sheet piping. HDB said in an update in December 2022 that the final phase had begun, … Read more
OTHER SHOPS “A key aspect in the planning of new generation neighbourhood centres is the curation of tenant mix by HDB, taking into account the needs of residents,” said the Housing Board. There will be a mix of food and beverage outlets at Plantation Plaza, such as I Love Sukothai, Lau Wang Claypot Delights and … Read more
Apart from MRT and buses services, the estate also has an extensive cycling and pedestrian network, much of which runs through the Bidadari Greenway and Bidadari Park. For example, the 700m Heritage Walk, lined by rain trees, provides shade for commuters walking to Woodleigh MRT station, while a park connector links residents to green spaces … Read more
Cat owners are additionally required to ensure that their pets are kept in a safe environment and take reasonable steps to protect them from hazards. This includes installing mesh, grilles, screens or other barriers to prevent the cats from roaming or falling from height. When in public, cat owners will also need to ensure that … Read more
SINGAPORE: The Housing and Development Board (HDB) launched 4,126 Build-to-Order (BTO) flats for sale on Wednesday (Feb 21) under its February BTO exercise. The flats are being offered across seven new projects in different estates, HDB said in a news release. This is the first of three BTO launches for 2024, with 19,600 new flats to … 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
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
