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Major Rethink of HDB Policies
National Development Minister Khaw Boon Wan’s comments that there would be a major relook at HDB policies, caused many people to be worried. The part that got people worried was the part on a “return to the past when flats could only be sold to HDB, and not in the open market”. The media has not […]
Singaporean Singles to be Allowed to Buy New HDB Flats
Minister Khaw Boon Wan had a busy day in Parliament answering many questions yesterday. One of the issues bought up was housing for singles. It appears that Singaporean singles will be allowed to apply for BTO soon. However, the minimum age of 35 is likely to remain. Ms Tan Su Shan asked the Minister for […]
Singapore Public Sector Outcomes Review 2012
The Ministry of Finance (MOF) has just released a report, the Singapore Public Sector Outcomes Review (SPOR). The report takes stock of how Singapore has fared in key areas of national interest, highlights the key trends and challenges facing Singapore and how public agencies are working together to address them. I have extracted out some snippets from the […]
Record High Singapore Private Property and HDB Resale Prices
The housing figures that were released by URA and HDB for the third quarter of 2012 showed that Singapore property prices were still going up. Private home prices up 0.5% in Q3 (Channel News Asia) Singapore’s private home prices climb to record on sales (The Edge Singapore) Q3 HDB resale prices hit surprise high (My Paper) Despite […]
The Million Dollar HDB Unit is Finally Here
Looks like we have finally crossed the one million dollar threshold for a HDB unit. More of such million dollar HDB units to come? A resale HDB executive apartment at Block 149 Mei Ling Street at Queenstown was sold for over a million dollars with a Cash-Over-Valuation (COV) of S$195,000. The price works out to […]