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HDB launches new landscape guide

4/9/2013

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Channel News Asia | 4 Sept 2013
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SINGAPORE: The Housing and Development Board (HDB) has stressed as Singapore gets more densely built up, good landscape design will be even more critical.

To raise industry standards and inspire more creative landscaping, the HDB has launched a guide setting out standards and principles for landscape design in public housing developments.


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150 resale flat deals by PRs halted

2/9/2013

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www.propertyguru.com.sg | 2 Sept 2013
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The housing board’s latest restrictions on newly-minted permanent residents (PRs) has abruptly halted around 150 property deals, said media reports which quoted property agents.

The new measures announced last week came into immediate effect and requires new PRs to wait three years before they can buy a resale flat. National Development Minister Khaw Boon Wan explained that the move is in line with the government's efforts to “restore balance” in the HDB market.


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More HDB resale flats being sold with zero COV

1/9/2013

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Channel News Asia | 1 Sept 2013
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SINGAPORE: More people are selling their Housing and Development Board (HDB) flats in the resale market without a cash premium.

The Singapore Real Estate Exchange (SRX) said transactions involving zero Cash-Over-Valuation (COV) have more than tripled, from 14 in January to 49 in July.


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NEW MEASURES TO STABILIZE HDB RESALE MARKET

27/8/2013

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Channel News Asia | 27 Aug 2013
SINGAPORE: The government has introduced further measures to stabilise the HDB resale market.

The maximum tenure for HDB housing loans will be reduced from 30 years to 25 years.

It's aimed at ensuring financial prudence in the purchase of public housing and discourage over-consumption.

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Singapore unveils master plan for port, airport, waterfront

19/8/2013

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Reuters | 20 August 2013
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The Singapore government unveiled a master plan yesterday to double capacity at Southeast Asia's busiest airport, build a new waterfront city, move its massive port and relocate a military airbase to free up land for development.

The plan announced by Prime Minister Lee Hsien Loong (pic)follows mounting discontent in one of the world's wealthiest nations over an influx of foreign workers and expatriates blamed for a range of problems - from strained infrastructure to among the highest living costs in Asia.



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Resale flat prices to moderate further: report

1/8/2013

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www.propertyguru.com.sg | 31 July 2013
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Data released by the housing board for Q2 2013 revealed that prices in the resale flat market are easing, according to a report from wealth management firm Religare. 

In Q2, the Resale Price Index (RPI) rose 0.5 percent to 206.6 compared to a growth of 1.3 percent in the previous quarter. Aside from it being the 


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SRPI for central region down 1.5% in June

31/7/2013

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The Business Times | 30 July 2013
AFTER rising for three consecutive months, NUS' Singapore Residential Price Index (SRPI) for Central Region (excluding small units) slipped 1.5 per cent in June over the preceding month.

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S'pore housing heading for a downturn, says developer

15/5/2013

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www.propertyguru.com.sg | 15 May 2013
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With a surge of new homes coming on to the market, Singapore's housing sector will soon become a buyer's market as developers continue to provide attractive incentives, according to experts.

Chris Comer, CEO of Castlewood Group, the developer of Nikki Beach properties around Asia, said: "It's going to be a renters' market here for a very long time."


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Resale HDB flat prices to drop?

7/5/2013

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www.propertyguru.com.sg | 7 May 2013
Prices of resale flats could change in the coming months as 50,000 newly-built flats are handed over to their owners, said National Development Minister Khaw Boon Wan.

At a recent dialogue session, he noted that the government has indirect influence on home prices even if buyers and 

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S'pore needs more crane operators: Khaw

4/5/2013

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www.propertyguru.com.sg | 3 May 2013
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National Development Minister Khaw Boon Wan yesterday said in a blog post that Singapore needs to increase its construction productivity urgently and one way is through the use of prefabrication and standardization.

But he added that such a strategy requires many more crane operators.

"For example, for each HDB block under construction, the contractor needs to deploy one crane on the ground. This level of deployment is not 


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    Singapore Property News

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    Do note that the news posted are representations from Singapore local sources and do not represent the views of R&R Real Estate Services. However, you are invited to comment and engage a discussion with us, should you have any views that you want to share.

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