Category Archives: HDB

PM Lee sorry about housing issues

Singapore Prime Minister Lee Hsien Loong said the government could have moved more quickly and efficiently to address the shortfalls in the country’s housing and transport industries.

The Prime Minister also acknowledged that things do not always go as planned and there might be side effects from the government’s decisions.

The government has had to “watch the wind and the tide and we have to pick our chances when we can and when the wind comes, put up your sail and go with it,” said PM Lee, likening the country to a “small boat on a stormy ocean (and) not a nuclear (powered) aircraft carrier.”

He also addressed the mistakes made by his government and said that he is sorry for them. He noted that his team is doing their best to address the problems.

“We can’t go exactly on a straight line, from point A to point B, and have everything just perfect in every spot. There will be detours, sidetracks, side effects from our decisions,” he said.

The examples cited included the increasing influx of foreign workers, the flooding of Orchard Road, overcrowding on MRT trains and skyrocketing home prices.

“These are real problems. We will tackle them,” he said.

“When these problems vex you or disturb you or upset your lives, please bear with us. We’re trying our best on your behalf. And if we didn’t quite get it right, I’m sorry but we will try and do better the next time.”

Source : PropertyGuru – 4 May 2011

Property Market Updates Q1 2011

Property Transactions
Private Residential Property
Housing Development Board Flats (HDB)

Private Residential Property
Price Index
Price Index (Non Landed)
Price Index by Type
Price Index by Type of Property
Number of transactions
Number of transactions for New Sales, Sub-Sale & Resale

Rental
Rental Prices for Private Residential Property
Rental Prices for HDB Flats
Rental Index
Rental Index by Location

New Launch
Number and Prices of units sold
Number of units launched and sold by Month
Number of units sold by Price Range
Pipeline of Private Residential Projects

Please visit URA Website for more information.

Source : URA