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Subscribe to this list via RSS Blog posts tagged in HDB Market

Posted by on in Residential

Housing Board resale prices stayed flat last month in confirmation of a stabilising market, with experts expecting sluggish conditions to continue into the year.

SRX Property flash figures released yesterday showed HDB resale prices staying unchanged from November to December, though fewer flats changed hands in the traditionally quiet year-end season. December's price changes were marginal across different flat types and estates. Prices rose 0.3 and 0.1 per cent respectively for three- and four-room flats, and fell 0.4 per cent for both five-roomers and executive flats.

Across mature estates, prices rose 0.2 per cent. In non-mature estates, they fell 0.2 per cent.

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Posted by on in Residential

After nine months of decline, public housing resale prices in Singapore rose 0.2 per cent in the fourth quarter of 2015 over the third quarter, although it remains to be seen if this uptick is sustainable.

The latest data was according to flash estimates released by the Housing & Development Board (HDB) on Monday. It brings the decline in resale flat prices for the whole of 2015 to 1.5 per cent.

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Property agents have been issued a reminder about proper marketing procedures for Housing Board resale flats, after new rules were introduced in March.

The Council for Estate Agencies (CEA) recently advised the heads of property firms here that advertising efforts must not refer to the actual valuation of the flat. Only references to the seller's asking price should be mentioned.
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The public housing market is showing signs of stabilising, with the lowest quarter-on-quarter price increase since the first quarter of 2012.

According to data released by the Housing & Development Board (HDB) yesterday, HDB's Q1 2013 Resale Price Index increased 1.3 per cent, to 205.5, up from 202.9 the previous quarter.
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National Development Minister Khaw Boon Wan has reiterated that he wants to engineer a "soft landing" in the resale market for Housing & Development Board (HDB) flats, and noted that recent cooling measures are taking effect, going by the latest HDB Resale Price Index released yesterday.

He revealed this on Thursday night at a session of Our Singapore Conversation (OSC), which was specific to housing.
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Cash premiums that buyers pay for Housing Board flats have fallen in the first three months of this year, on the back of a lower volume of transactions.

The largest drop came from areas such as Punggol, Tampines and Pasir Ris, where the premiums went down by 21 per cent, 13 per cent and 12 per cent respectively.
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Posted by on in Uncategorized
Nearly 7,800 flats have benefited from a $23 million programme to make public housing estates more convenient for residents, said Minister for National Development Khaw Boon Wan.

In a blog post yesterday, Mr Khaw signalled the conclusion of the Barrier Free Accessibility (BFA) programme that began in 2006 and covered the common areas of Housing and Development Board (HDB) estates. BFA works have been fully implemented in all HDB estates, he said.
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Posted by on in Uncategorized
The local residential property market seems to have defied six rounds of cooling measures over the past three years.

The latest measure, introduced earlier this month to stop home buyers from over-extending themselves, has had little discernible effect on developers' home sales so far.
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