Housing

A Credit Suisse report published on Wednesday (19 Sep) predicted an increase in the price difference between private apartments and Housing and Development Board (HDB) resale flats in the foreseeable future. This prediction was made based on the expectation that the Voluntary Early Redevelopment Scheme (VERS) introduced by the Government might not be able to pacify buyers’ apprehension regarding the …

Blogger Philip Ang posted a write-up on Sunday (‘PAP ministers lie about recycling land to provide affordable public housing‘, 16 Sep) highlighting that some of the HDB lands were not recycled to build affordable public housing but sold for profits to developers to develop private condominiums instead. “PAP ministers have repeatedly told Singaporeans that public land will be recycled after …

A reader who goes by the name Mr Liew has written to TOC regarding the frequent lift breakdowns at Blk 339A Kang Ching Road. Mr Liew reported that this is not the first time that such a major malfunction has occurred, and that despite numerous complaints have been made by residents to the Jurong-Clementi Town Council, the problem remains a recurring …

HDB Director of Branch Operations, Ms Lim Lea Lea, wrote to ST Forum today (17 Sep) in reply to public enquiries of asking the Government to make the HDB lease buyback scheme (LBS) more “senior-friendly”. The LBS is a monetisation option for elderly household living in HDB flats. Through this scheme, the elderly will be able to tap on their …

So, the government has told Singaporeans that they need to be responsible for their own wallets in dealing with the problem of rising costs and stagnant wages. Indeed, Prime Minister Lee Hsien Loong (LHL) even provided Singaporeans tips on how to save money at his National Day Rally speech. What that speech failed to address, however, was how to create …

by M Ravi I noticed that the government is harping on the fact that HDB dwellers are owners just like a 99-year leasehold of a condominium where you can sell the lease. Would the Minister of National Development, Lawrence Wong care to shed light on the legal meaning of public housing which HDB flats are compared to a 99-year-old private …

Minister for National Development Mr Lawrence Wong has rejected the widely circulated claim that Housing and Development Board (HDB) flat buyers are not owners but are “tenants” in practice. Speaking at the HDB’s Peak Forum for property experts at HDB Hub today (4 Sep), he said that such a claim is “factually and legally wrong”, as the same principle of …

Housing and Development Board (HDB) is introducing Town Design Guides for each of its 24 towns. In a press release on Tuesday, HDB stated that each customised Guide will chronicle the town’s history, vision and distinct character to unify its future developments as the town evolves. On the same day, Minister for National Development and Second Minister for Finance, Mr …

A member of the public shared his story on social media in regards to the return of CPF money after selling of property, complaining about why he has to pay interest for his own CPF money and that he had to pay back more than what he got from the sale of HDB flat due to the accrued interest. Here is …

Prospective HDB flat buyers looking into the two upcoming BTO projects in Punggol, namely Punggol Point Woods and Punggol Point Cove, should bear in mind the potential health hazards resulting from the nearby petrochemical plants in Pasir Gudang in neighbouring Johor, according to Digital Content Editor of property blog 99.co, Mr Kyle Leung. Mr Leung noted that complaints have arisen …