Browsing Tag

HDB flats

82 posts

DPM Wong rejects suggestion to implement pricing allocation framework for place of worship onto HDB flats

Deputy Prime Minister Wong dismissed the suggestion of adopting a pricing framework for HDB flats similar to that of Places of Worship. He emphasized the unique nature of these two property types, highlighting the challenges in applying a common valuation approach.

50-year-old Tiong Bahru HDB resale flat sets record with S$1.5m sale

A 50-year-old 4-room HDB resale flat in Tiong Bahru sold for a record S$1.5 million, marking the highest price ever for such a property in Singapore.

Minister Sim Ann announces plan to double PPHS flat supply in response to increased demand

Speaking at the Institute of Policy Studies’ 35th anniversary conference, Senior Minister of State for National Development, Sim Ann, announced a doubling of the Parenthood Provisional Housing Scheme (PPHS) supply to 4,000 units over the next two years. The scheme provides temporary housing for families awaiting the completion of their new flats. This comes in response to longer waiting times due to COVID-19 delays. Despite reduced application rates, the demand remains high, prompting consideration of strategies like flat sharing to maximize the PPHS flat pool.

A reality check on Lawrence Wong’s claims: Are today’s HDB flats as affordable as those in the 1980s and 1990s?

Deputy Prime Minister Lawrence Wong’s assertion that today’s HDB flats remain as affordable as those in the past seems challenged by historical data and price-to-income ratio analysis. With incomes increasing only about 3.3 times against a 5.8-fold rise in BTO prices, are public housing truly in tandem with incomes as claimed?

Price of 4-room HDB flats in new town sold at $27,000 and not $40,000 in 1980

Deputy Prime Minister Lawrence Wong addressed public housing concerns at the May Day Rally 2023, claiming that new HDB flats are more affordable now than in 1980. However, historical data reveals a different story, suggesting that new flats were more affordable in the past. The Workers’ Party argues that the focus should be on first-time buyers’ median income, rather than national median income.

Four-room unit at Pinnacle@Duxton sets new HDB resale record at $1.4 million

A four-room flat at Pinnacle@Duxton has made history with a record-breaking sale of $1.4 million in April 2023. The 95 square metre unit, located on the 46-48th floor of Block 1C Cantonment Road, has become the most expensive four-room HDB resale flat in Singapore based on both price and price per-square-foot. The sale surpassed the previous record set by a five-room unit at the same development less than a month ago. With this sale, all four-room flats above the 24th floor at Pinnacle@Duxton have sold for over S$1 million. The development, which was launched in 2004, consists of 1,232 four-room units and 616 five-room units, and is known for its unique design featuring two sky bridges linking seven towers.

Elderly Singaporeans share struggles in securing decent and affordable living spaces

On 13 March, Minister for National Development Desmond Lee launched a new…

Professor Tay Kheng Soon highlights selling of HDBs as assets as Singapore’s greatest housing mistake

Renowned architect and housing policy expert Professor Tay Kheng Soon expressed concern over Singapore’s public housing policies at a town hall meeting organised by “Workers Made Possible” on 9 April. He believes the government’s decision to promote public housing as an asset has resulted in weakened society and a housing problem that has no solution.

State Coroner rules open verdict for missing elderly woman with pile of white bones in her rental flat

State Coroner rules open verdict for missing elderly woman with pile of bones in her rental flat. In June 2022, HDB officials broke open the locked door of Madam Cheng Ah Imm’s rental flat and found a pile of bones in the living room, after deciding to reclaim the flat due to unpaid rental of over two years. The State Coroner notes that the bones are highly likely to belong to Mdm Cheng, although there is no way to identify the deceased definitely. As the state of the remains made it impossible to determine the cause of death, the State Coroner ruled an open verdict in the case of Mdm Cheng’s death. Netizens have questioned why HDB officials took so long to discover the deceased.

Elderly residents frustrated as “residents’ corner” in a HDB block under Patrick Tay’s constituency remains unfinished for over two years

Residents of HDB Block 639 in Jurong West Street 61 have been waiting for over two years for the completion of a “residents’ corner” on the ground floor. The area was supposed to be a place for elderly residents to sit and chat, but due to the suspension of work, the stone chairs and tables have been left exposed, and soil from the construction site is causing the ground to become dirty during the rainy season. The West Coast Town Council (WCTC) expressed apologies for the inconvenience caused to residents and attributed the delay to the contractor’s cash flow difficulties during the pandemic.