HDB

RESALE VOLUME HDB said the resale volume in the second quarter up to Jun 29 this year was 6,409. This was 4.6 per cent lower than the same period last year. It is also the lowest in the last three years since the third quarter of 2020.…

THE TAIL-END One limitation is flexibility. Once the sale of the lease is completed, owners will not be able to sell the flats in the resale market, rent out the whole unit, or transfer them to their children until they pass on. Second,…

If demand does shift to the resale market, it will also address some of the demand and supply imbalances in the BTO market. "When this happens, the lowered BTO demand, additional ballot chance and increased BTO supply may improve the…

PSP argued that high land cost is the reason for high BTO prices in mature housing estates. It said that the Government could further lower the BTO prices if HDB could purchase land from the state at historical prices.  The Government…

“They (heartland stalls) might just only need a few basic functions. So the PSG solutions may or may not be relevant, depending on their needs,” he said.  He added that the level of adoption of digital solutions among the heartland…

After cooling measures were announced in September, buyers are becoming more apprehensive about the property market, with a general sentiment that a correction will come soon with the onset of global recession. RISING RESALE PRICES RAISE…

CONCERNS OVER HOUSING AFFORDABILITY The prices of HDB resale flats have increased by 25.5 per cent between the third quarter of 2020 to the third quarter of 2022. The last time that HDB resale prices increased at similar rate was during…

DEMAND FOR PLH FLATS Based on HDB's data, three-room PLH flats in the nine projects have been priced between S$335,000 and S$515,000, while four-room PLH flats have been priced between S$488,000 and S$737,000. In contrast, the comparable…

SINGAPORE: Earlier this week, Singapore's three biggest banks – DBS, OCBC and UOB – raised their fixed home loan interest rates to between 4.25 and 4.5 per cent. This was the banks' second increase in less than two months, driven by…

FLOATING RATES DBS’ floating rates remained the same at a three-month compounded Singapore Overnight Rate Average (SORA) and a lending margin of 1 per cent per year. The three-month compounded SORA has risen from 0.1949 at the start of…