Asset Wealth Creation - HDB Information

Asset Wealth Creation - HDB Information We are a team of Certified Real Estate Consultant, with many years of expertise in real estate indus

About 930,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher – Util...
19/11/2019

About 930,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher – Utilities-Save (U-Save) rebates this month, revealed the Ministry of Finance on Wednesday (2 October).

Eligible households will receive up to $100 in U-Save rebate this month, depending on the type of their HDB flat.

They made up 50 percent of the 1,151 new homes sold in the same period, indicating an 84.8 percent quarter-on-quarter gr...
12/11/2019

They made up 50 percent of the 1,151 new homes sold in the same period, indicating an 84.8 percent quarter-on-quarter growth from the 623 new homes in Q1 2019.

Including sub-sales and resales, non-landed home sales grew 55.4 percent to 1,717 units from 1,105 units.

Private home prices in Singapore rose for the second consecutive quarter in the third quarter of 2019, despite the escal...
05/11/2019

Private home prices in Singapore rose for the second consecutive quarter in the third quarter of 2019, despite the escalation of US-China trade tension and the deterioration of global macroeconomic health.

Prices in the core central region (CCR) and rest of central region (RCR) climbed 2.9 percent and 1.6 percent, respectively. Outside central region (OCR) prices inched up by 0.7 percent in Q3 2019.

Midtown Bay, GuocoLand’s 33-storey residential tower, is set to open for viewing and sale this Saturday (5 October).
29/10/2019

Midtown Bay, GuocoLand’s 33-storey residential tower, is set to open for viewing and sale this Saturday (5 October).

The only residential launch within an integrated development in the central business district (CBD) in the coming year, it will also have 40 duplex units, that can be adapted from a 2+1 apartment into two one-bedroom units, each on different floors.

The 134-unit freehold residential development Cascadale, located near the Singapore Expo and the Singapore University of...
22/10/2019

The 134-unit freehold residential development Cascadale, located near the Singapore Expo and the Singapore University of Technology & Design (SUTD), is attempting a collective sale for the second time, revealed JLL.

It has an owners’ reserve price of $270 million that works out to around $1,065 per square foot (psf) per plot ratio (ppr).

Prices of Housing and Development Board (HDB) flats marginally declined by 0.2 percent in September from the previous mo...
15/10/2019

Prices of Housing and Development Board (HDB) flats marginally declined by 0.2 percent in September from the previous month as mature estates and non-mature estates prices declined 0.3 percent and 0.1 percent, respectively, showed SRX data.

However, resale flat prices within non-mature estates climbed 0.9 percent year-on-year as most are reaching their five-year minimum occupation period.

Private home leasings in Q2 2019 reached 23,095, a 4.4 percent increase quarter-on-quarter compared to 22,115 private ho...
08/10/2019

Private home leasings in Q2 2019 reached 23,095, a 4.4 percent increase quarter-on-quarter compared to 22,115 private home leasings in Q1, reported Singapore Business Review citing OrangeTee & Tie.

URA Realis data show rents of private homes rose 1.3 percent in Q2 compared to a one percent rise in the preceding quarter.

There is no need to make flat sizes smaller as the existing two-room Flexi units offered by the government already provi...
08/10/2019

There is no need to make flat sizes smaller as the existing two-room Flexi units offered by the government already provide affordable housing options for singles, said the Ministry of National Development (MND) in a written answer to Parliament on Monday (7 October).

The Ministry of National Development said existing two-room Flexi Build-to-Order flats within non-mature estates are already affordable housing options for singles.

Prime Minister Lee Hsien Loong believes the future Tuas mega port gives Singapore the opportunity to “rethink the future...
08/10/2019

Prime Minister Lee Hsien Loong believes the future Tuas mega port gives Singapore the opportunity to “rethink the future of shipping”, reported Channel News Asia.

The new port is expected to become the world’s biggest fully automated container terminal once it begins operating in the 2040s.

In response to the first question, the Ministry of National Development (MND) declared the HDB currently has around 8,00...
08/10/2019

In response to the first question, the Ministry of National Development (MND) declared the HDB currently has around 8,000 rental units, some of which are not meant for new rental application.

The MND stressed that with HDB soon embarking on redevelopment plans for many of the older blocks.

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