Blog Archives

HDB construction to taper from 2014

The massive construction of HDB flats will start to taper off from next year as balance is restored between demand and supply in the market, Minister for National Development Khaw Boon Wan said. But “we will do so in a

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Posted in Property News

Spike in number of flats sold below valuation

The number of Housing Board flats being sold below valuation has rocketed, as tighter mortgage rules eat into demand. According to HDB‘s latest figures, 105 units were sold in October for less than their appraisal. This accounted for 7 per

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Posted in Property News

Suburb where time stands still

A swanky new National Stadium rises in Kallang. Two years ago, the nearby Goodman Arts Centre opened its doors to a hip young crowd. One street away, a new condominium has been built on the site of Housing Board flats.

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Posted in Property News

HDB calls time on assignment of tenanted business space

The Housing & Development Board (HDB) yesterday acted to curb rising operating costs and speculation in its rental commercial and industrial properties – a move that market watchers said will lead to a more level playing field for genuine businesses

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Posted in Property News