Posted on May 12, 2008 by lushhomeonline
THE Central Provident Fund (CPF) board will keep the interest rate for members’ CPF savings in their Ordinary Account at 2.5 per cent for the third quarter of this year.
According to a joint statement by CPF and HDB on Monday, the computed CPF interest rate derived from the major local banks’ interest rates for the [...]
Filed under: General, Govt Policy, HDB News | Tagged: Central Provident Fund, CPF, CPF Interest, HDB, HDB Loan Rates, HDB Mortgage Rates, HDB News | No Comments »
Posted on May 5, 2008 by lushhomeonline
Bogus contractors are apparently making their rounds at Woodlands Drive.
Residents said contractors claiming to be from the town council and the Housing and Development Board (HDB) have been knocking on their doors.
The contractors showed some form of identification document to justify their claims before recommending that residents change their door locks.
They cited a rise in [...]
Filed under: General, HDB News | Tagged: Bogus Contractors, HDB, HDB News | No Comments »
Posted on May 4, 2008 by lushhomeonline
Flats much sought after because of spillover demand from private homes market, but agents say rents are unlikely to rise much more
The rental market for Housing Board flats remains hot, with rents up in the first quarter as more home owners apply for permission to rent out whole flats.
Rents for some executive flats in Queenstown [...]
Filed under: General, HDB News, Rental | Tagged: HDB, HDB News, HDB Rental | No Comments »
Posted on April 30, 2008 by lushhomeonline
The Housing and Development Board (HDB) will launch on Wednesday a land parcel at Sengkang East Avenue for executive condominium development under the Reserve List System.
HDB said the 17,000 square metre plot will have a permissible gross floor area of over 51,000 square metres.
Property consultants estimate that the 99-year lease site could fetch about 450 [...]
Filed under: General, HDB News, Land Sales | Tagged: Executive Condo, HDB, HDB News, Land Sales, Sengkang | No Comments »
Posted on April 28, 2008 by lushhomeonline
I DON’T know if the Government knows this. Many first-time buyers of Housing Board flats are treating the balloting system for new units as a chance to strike the lottery.
You can tell them apart from genuine home buyers because they will faithfully put in an application whenever new flats are offered for sale in mature [...]
Filed under: General, HDB News | Tagged: HDB, HDB Ballot, HDB News | No Comments »
Posted on April 28, 2008 by lushhomeonline
I REFER to the letters, ‘Raise income ceiling on HDB flats over $500k’ by Mr Song Yee Soon (April 16), and ‘Variety needed in HDB income ceiling rule’ by Mr Ng Ya Keng (last Thursday).
The Design, Build and Sell Scheme (DBSS) was launched to give choice to flat buyers who are prepared to pay for [...]
Filed under: General, HDB News | Tagged: HDB, HDB Income Ceiling, HDB News | No Comments »
Posted on April 27, 2008 by lushhomeonline
House-hunting for soon-to-be-married Jolyn Toh used to be a discouraging affair as prices were out of her reach.
But things are looking up for the engineer.
Just six months ago, home-owners in Bukit Batok, where she is looking to buy an HDB flat, used to demand nothing less than $50,000 cash upfront.
In the last month, however, this [...]
Filed under: General, HDB News | Tagged: Cash-over-valuation, HDB, HDB News, HDB Prices, HDB Resale Flats | No Comments »
Posted on April 26, 2008 by lushhomeonline
Median COV was $21,000, compared to $22,000 in Q407
TRANSACTIONS of resale HDB flats fell 6 per cent from the fourth quarter of 2007 to 6,360 in Q1 this year, against the backdrop of rising asking prices and high cash-over-valuation (COV) demands.
‘With escalating resale prices and more and more COV transactions, we saw the resale market [...]
Filed under: General, HDB News | Tagged: Build-to-order Flats, Cash-over-valuation, HDB, HDB News, HDB Resale, HDB Resale Prices, HDB Resale Transactions, Singapore Property | No Comments »
Posted on April 26, 2008 by lushhomeonline
ABOUT 40 people who have been made bankrupt and face trouble securing home loans from a bank or the Housing Board (HDB) have found a lifeline in the form of a new loan scheme.
Introduced in July last year by the HDB, these loans are designed to make it easier for bankrupts to find new homes [...]
Filed under: General, HDB News | Tagged: Bankrupts, HDB, HDB News, Home Loans | No Comments »
Posted on April 26, 2008 by lushhomeonline
Prices of HDB resale flats rose by 3.7 percent in the first three months of this year over the previous quarter.
The rise in the Resale Price Index (RPI) was lower than the 5.7 percent increase in the fourth quarter of last year.
Resale transactions fell by about 6 percent, from 6,750 cases in Q4 2007 to [...]
Filed under: General, HDB News, Market Reports | Tagged: HDB, HDB News, HDB Prices, Resale Flats | No Comments »
