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40 per cent of buyers of HDB resale flats are PRs
According to Eugene Lim, Associate Director of ERA Asia-Pacific, the prices of resale HDB flats have shot up by 38 per cent over the last three and a half years. What’s more shocking is that 40 per...
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HDB releases Hougang residential site for condo devt
THE Housing & Development Board (HDB) yesterday released a residential site at Hougang Avenue 7 for application by interested developers. The 99-year leasehold parcel is on the reserve list and can...
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Singapore April inflation rate up as housing costs soar
Singapore inflation hit a slightly higher-than-expected % in April, increasing the chance that it may exceed a government forecast for the year and putting pressure on the central bank to keep a...
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318 awards given to construction industry players for excellence
Singapore’s construction sector honoured its best on Thursday evening. The Building and Construction Authority gave out 318 awards to builders, developers, consultants and building owners for...
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Flat owners sitting on a pot of gold
Singaporeans who bought HDB flats in 2007 could get double the price if they put their units on the resale market today. This opportunity is a result of good timing and a buoyant resale market which...
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HDB launches six BTO projects
The Housing and Development Board (HDB) has launched six Build-To-Order (BTO) projects, offering 4,627 new flats. The flats, which range from studio apartments to 5-room units, are in four estates —...
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Sengkang Square/Compassvale Drive land plot receives 5 bids
A total of five bids were received by the Housing and Development Board (HDB) in the tender for a land parcel at Sengkang Square/Compassvale Drive. The site, which has a gross floor area of over 22,000...
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Kallang-Whampoa & Sengkang BTO projects most popular
Kallang-Whampoa and Sengkang appear to be the most popular areas in the latest Build-To-Order (BTO) launch in May. Four-room units in Sengkang were especially popular with the units oversubscribed by...
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Sengkang site draws S$383.33m top bid
Five bids were received by the Housing and Development Board in the tender for a land parcel at Sengkang Square/Compassvale Drive that closed on Thursday, with the top one from EL Development worth...
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Nearly 20% of EC units sold in 6 hours at Watercolours
Analysts said demand for executive condominiums (ECs) is expected to remain healthy in the second quarter. This despite economic uncertainties and a wider selection of new housing projects available....
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BCA to check housing estates with cases of falling windows
The Building and Construction Authority (BCA) will be conducting inspections at public and private housing estates where there have been cases of falling windows. It aims to send a strong message to...
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Few bright spots in housing market
While recent property measures implemented by the government to cool the market are working, Minister for National Development Khaw Boon Wan said that much more can be done. He noted that the...
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May BTO application rate quite encouraging
National Development Minister Khaw Boon Wan has described the application rate for the May BTO as “quite encouraging”. He said in his blog on Tuesday evening that as at 5 pm, the overall application...
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Sengkang BTO project sees biggest demand
Flats in Sengkang saw the highest interest at the close of May’s Build-to-Order (BTO) applications. As of 5pm on 5 June, the first timer application rate for four-room units at Sengkang’s Compassvale...
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Flat buyers now have better chance
The bumper supply of public housing this year has given more chances for both first-timers and second-timers to own their own homes, according to National Development Minister Khaw Boon Wan in his...
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BTO flats: ‘Better chances’ for second-time buyers
The chances of second-time buyers securing build-to-order (BTO) flats have improved significantly over the last seven months, according to the latest statistics shared by National Development Minister...
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Thinking outside the shoebox
Is Singapore going towards the Hong Kong way of living? I am at the point in my life where I am trying to think outside the shoebox. Yes, I am at the crossroads deciding between buying a resale public...
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ECs ‘a good buy': consultants
Executive condominiums (ECs) are definitely a good buying option as they offer the same exclusivity as private condos but are also eligible for government subsidies, according to property consultants....
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HDB resale prices resuming uptrend: SRX
Resale prices for HDB flats are showing signs of picking up, with latest data pointing to a 2-per-cent rise in the last two months, according to the Singapore Real Estate Exchange (SRX). The median...
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No way HDB will shrink flat sizes: Khaw
The Housing and Development Board (HDB) will not shrink flat sizes, assured National Development Minister Khaw Boon Wan. In a bid to clarify the issue, Mr Khaw said that Singapore will not emulate...
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