HDB to launch bumper crop of 8000 flats

                          National Development Minister Khaw Boon Wan has said in his latest blog post that the Housing and Development Board (HDB) is set to release new flats to help other buyer groups, apart from first-timers. In a move to increase the Build-to-Order (BTO)
read the rest…

HDB debarment period waived for divorcees with children

                  Divorcees with full custody of all their children will no longer be barred for five years from buying a second subsidised flat from the HDB. Khaw Boon Wan (pictured), Singapore’s Minister for National Development, also revealed that divorcees are no longer required to obtain prior consent
read the rest…

Government revises DC rates

                    The Ministry of National Development (MND) has announced revisions on the development charges (DC) rates for the period covering 1 March to 31 August this year. Under the revisions, the DC rates for Group A (Commercial) was boosted by an average of six percent, with
read the rest…

More land to be provided for EC sites next year

More land will be allotted for executive condominiums (ECs) in 2012, said the Ministry of National Development (MND), noting that it is prepared to provide sites for 5,000 EC units next year. This move comes after the government had committed to help more higher-income Singaporeans own private housing by broadening the EC market. The government
read the rest…

Be more prudent when purchasing property, urges Khaw

Minister for National Development Khaw Boon Wan has advised Singaporeans to be prudent when purchasing property. With the wide range of housing options, prospective buyers should choose wisely and buy within their budget. Mr Khaw said this in response to a question raised by Pasir Ris-Punggol MP Gan Thiam Poh on whether there were plans
read the rest…

48700 HDB flats owned by PRs as of Sept

Permanent residents (PRs) in Singapore owned 48,700 HDB flats as of September this year, according to latest figures released by the Ministry of National Development (MND). This was revealed yesterday after Ang Mo Kio GRC MP Ang Hin Kee requested an update. He asked how many PRs who are not residing in the country have
read the rest…

1st-timers stand higher chance of getting flats

Newlyweds now stand a very high chance of getting a new flat, as the government has ramped up its construction programme and priority in treatment, said Minister of National Development, Khaw Boon Wan, on his latest blog. “Since I joined MND, HDB has launched 16,000 new flats. Excluding studio apartments, nearly 14,000 units were reserved
read the rest…

Govt taking serious steps to address housing issues

The Singapore government is taking active measures to address the “temporary imbalance” in the housing market, said National Development Minister Khaw Boon Wan. “We commit to house all Singaporeans and to help them own their homes. Our home ownership programme is world renowned: 90 percent of Singaporeans own their homes, the vast majority in public
read the rest…

Tengah, Bidadari seen as possible new towns

To cope with the growing population, the government has identified the areas of Bidadari and Tengah as potential residential estates. The plan was highlighted yesterday by National Development Minister Khaw Boon Wan in an addendum to the President’s address. In a statement, Mr Khaw reinforced his ministry’s commitment to achieve sustainable economic, social and environmental
read the rest…

Govt making good progress in meeting flat demand: Khaw

In his latest blog entry, National Development Minister Khaw Boon Wan said the most recent launch of Build-To-Order (BTO) and Sale of Balance (SBF) flats in September is “making good progress” in meeting housing needs. In the post entitled “Light at End of Tunnel”, Mr Khaw revealed that the launch of more than 8,200 new
read the rest…