Housing

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 …

Minister for Transport Khaw Boon Wan assures the young people of Singapore that 50-year-old Housing Board (HDB) flats will continue to appreciate over the next 10 years. On 2 September, Mr Khaw addressed claims that the limited 99-year lease on HDB flats means that the properties are not assets, which is a serious concern with the youth and young adults …

Minister at the Prime Minister’s Office Ms Indranee Rajah has disputed the widely circulated claim that the Housing and Development Board (HDB) flat owners are merely “tenants” as a result of the 99-year lease, stating that owners actually have a right to sell their HDB flats and pocket the profit made out of their sale. In response to a query …

by ValuePenguin Owning a brand new HDB flat is an enticing proposition. The new sales launch gives Singaporeans this chance, so we dug into the details of the sales launch in order to help prospective homeowners understand the newest BTO offerings. The Housing & Development Board’s latest Build-To-Order (BTO) sales launch offers Singaporeans an exciting opportunity to purchase a new HDB …

5,101 flats launched for sale on Tuesday (28 August) under the August 2018 Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise, which includes 4,375 BTO units and 726 ROF units across various towns/ estates. In a press release on Tuesday, the Housing and Development Board (HDB)stated that a wide selection of flats, ranging from 2-room Flexi to Three-Generation (3Gen) …

It was reported in the media that at a public feedback forum organized by government feedback unit REACH yesterday (21 Aug), National Development Minister Lawrence Wong now said that a HDB flat sold on a 99-year lease is an asset that will appreciate as the country prospers. This a fundamental tenet of Singapore’s home ownership policy, he said. “There is …