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Surge in number of HDB flats, condo units leased in March, rents also rise: SRX dataAnalysts believe one reason for the increase is the greater number of people arriving in Singapore as the Covid-19 situation stabilises. Another factor may have been people waiting until after Chinese New Year to sign a lease.
Source: TODAYonline - 🏆 1. / 99 Read more »
HDB executive maisonette in Ang Mo Kio on the market for $999,999SINGAPORE (EDGEPROP) - An HDB executive maisonette — located at 616 Ang Mo Kio Avenue 4 in District 20 — is on sale with a guide price of $999,999. The auctions team at PropNex Realty is marketing the 1,593 sq ft flat and the guide price works out to $627 psf.Linda Lin, PropNex Realty’s associate branch director of corporate sales and auction, says the price tag of almost $1 million is supported by its attractive location in a mature HDB estate.The two-storey flat has four bedrooms, three bathrooms, two living areas, a dining area and a kitchen. The 99-year leasehold flat has 74 years left to its lease.Spanning 1,593 sq ft, the large space and similar layout to landed housing makes executive maisonettes an attractive public housing option. (Picture: PropNex Realty)“An uncommon feature of this maisonette is the attached balcony beside the master bedroom. The flat has also been well maintained,” she adds. The owners are a local Chinese family who are planning to upgrade to a private property.Located on a lower floor, the unit was only on the market for about a week when it received its first serious offers. At least two buyers have made offers after viewing the unit once, says Lin.She also says negotiations with a buyer had progressed significantly on April 13. Lin expects a deal to be closed soon.HDB executive maisonettes are a type of public housing developed by the HDB but were replaced by the executive condominium (EC) scheme in 1997. There are a limited number of these flats and most of them can be found in mature estates like Ang Mo Kio, Bishan, Bedok, Bukit Panjang, Choa Chu Kang, Hougang, Queenstown and Sembawang.Maisonettes are typically sized between 1,582 and 1,722 sq ft. The large space and similar layout to landed housing makes them an attractive public housing option, says Lin.“This type of HDB flat would also be desirable to owners of smaller-sized HDB flats who are looking to upgrade to a larger space,” she adds.The unit for sale is one of 50 executive
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Steel structure collapses on unoccupied workers' quarters at Tengah HDB construction siteSINGAPORE: A 12m-high steel structure collapsed onto an unoccupied workers' quarters at a Housing and Development Board (HDB) construction site on ... They wonder why got shortage of worker when this sort of things happen sia 🤦♂️
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HDB resale prices climb for 4th consecutive quarter in Q1SINGAPORE: Resale prices in the public housing market rose 3 per cent in the first quarter of 2021 from the previous quarter, the Housing and ...
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Record 23 HDB flats in non-mature estates resold for over S$800,000 in 1Q 2021SINGAPORE — Amid a pandemic property upswing that has already set off concerns about home affordability, the rising prices of resale flats in non-mature estates such as Punggol, Sengkang and Choa Chu Kang have also caught the attention of some industry watchers. Resale HDB prices of non-mature estates have outpaced those in mature estates during the course of the pandemic. If this trend continues unhindered, analysts told TODAY an HDB resale flat in Punggol could soon fetch S$1 million.
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