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Four- and five-room flats in Punggol most popular among first-time home buyers

Four- and five-room flats in Punggol look to be the most heavily subscribed among first-time home buyers in this month’s Build-To-Order exercise which closes at midnight. A total of 3,898 flats were launched in this month’s Build-To-Order exercise. They are all in non-mature estates of Sengkang, Punggol and Bukit Batok. Analysts say this may be … Continue reading

More singles return to HDB resale market

Some real estate agencies say more singles have returned to the HDB resale market after getting more clarity about the government’s plan to allow singles to buy new flats directly from the Housing and Development Board. Propnex and Dennis Wee Group have seen 20 percent more enquires and viewings from singles in recent weeks. Lately, … Continue reading

What will it take to reduce prices by 30 per cent?

Many have said the 30 per cent cut in new Housing and Development Board (HDB) flat prices that National Development Minister Khaw Boon Wan pledged recently will be tough to achieve without serious repercussions on the housing market. This is because it is very difficult to reconcile the divergent interests of existing owners with those … Continue reading

Go back to basics to make housing affordable: ex-HDB CEO

Housing must be affordable, but the Housing & Development Board (HDB) must also remain financially viable, said former HDB chief executive officer Liu Thai Ker. He was speaking about Singapore’s housing policies at a lecture organised by the Ministry of National Development (MND) on Thursday. Dr Liu, who is also the chairman of the Centre … Continue reading

4 BTO projects launched, offering 3,898 new flats

The Housing and Development Board (HDB) has launched four Build-To-Order (BTO) projects, offering 3,898 new flats. They are in three non-mature towns – Bukit Batok, Punggol and Sengkang. HDB said on Thursday that a wide variety of flats are being offered. On the whole, it will launch a total of 25,000 BTO flats in 2013. … Continue reading

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