HDB resale prices hit all-time high

The HDB Resale Price Index (RPI) rose two percent to a new record high of 197.9, according to the housing board’s flash estimates for the third quarter of 2012. “The HDB resale price index is now at its historical peak as this increase of two percent is the highest in the last four quarters (since
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More million-dollar flat prices expected

By Romesh Navaratnarajah: The recent million-dollar deal for a HDB flat in Queenstown could soon be broken, as a number of resale flats are currently on the market with asking prices well over S$1 million. A search of the 10 most expensive HDB listings on PropertyGuru with asking prices above S$1 million showed that the
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3 resale flats sold break S$900k mark

                      Three resale HDB flats transacted recently have hit the S$900,000 mark, according to data from HDB’s website. Last month, an executive apartment located at Block 148, Mei Ling Street changed hands for S$900,000, while an executive maisonette at Bishan was sold for S$900,000. Over
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HDB resale prices could drop 10%, say experts

Prices of resale flats, which climbed significantly over the past five years, could finally slow down, said property experts. “Public housing resale prices have gone up by over 80 percent in the last five years. People going in to pick up (units) at high prices expect such appreciation in the near future or next five
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Khaw proves point by releasing median Q4 COV figures

Minister for National Development, Khaw Boon Wan, has taken to his blog to share data on the amount of cash-over-valuation (COVs) paid by different groups of buyers, following his parliamentary response on Monday which caused a lot of controversy. The figures show that private property owners and second-time buyers paid the highest COVs for resale
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Foreigners account for one in five private home buyers

Bank of America (BofA) Merill Lynch cited in its recent report that 20 percent of the total number of private home transactions recorded last year were accounted for by foreign buyers, while PRs and Singaporeans made up a respective 13 percent and 67 percent share. “This is a big jump from 10 years ago, when
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HDB resale flat prices moderating

Prices of resale flats in Singapore are still rising, albeit at a slower pace, due to the cumulative impact of the increased supply of new BTO flats and the higher income ceiling for flat buyers introduced last year. According to flash estimates released by the HDB, prices of resale flats rose 1.7 percent in Q4 last
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HDB flat bookings up 32%

As Singapore recovers quickly from the economic crisis, more home buyers in the red-hot public housing market have been snapping up flats in the past year. However, the government’s cooling measures have affected the resale market, as reflected in the decline of resale flat transactions. A recent report showed that potential buyers booked 17,419 flats
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HDB resale flat prices up 3.8%

The Housing & Development Board (HDB) has ramped up the volume of new flats in order to meet rising demand, resulting in 23,800 new units from Q1 to Q3 2011. For the third quarter this year, the HDB’s resale price index (RPI) grew to 187.2, a rise of 3.8 percent from 180.3 in the previous
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New DBSS project at Clementi launched today

Trivelis, a new 888-unit Design, Build and Sell Scheme (DBSS) project at Clementi Ave 4, has been launched today by EL Development. The three 40-storey towers comprise three- to five-room flats with sizes ranging from 646 sq ft (three-room) to 1,130 sq ft (five-room). More than half of the flats are four-room units. Indicative prices
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