Flash estimates released on Thursday showed that the third quarter 2009 resale price index rose to 144.7, an increase of 3.2 per cent over Q2 2009.
The resale price index for the full quarter and more detailed public housing data for Q3 2009 will be released on Oct 23.
Source : Business Times – 1 Oct 2009
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Tagged HDB, HDB News, HDB Prices, HDB Resale Prices
Singapore’s public housing authority, Housing & Development Board, is stepping up its supply of new flats to meet increased demand.
In a news release issued on Thursday, it said that with the good response to recent Build-To-Order (BTO) launches, it will be increasing its BTO supply this year from 8,000 units to 9,000 units. The BTO system was introduced in 2001.
In addition, HDB launched a Sale of Balance Flats (SBF) exercise on Thursday, and offered another 2,132 flats for sale. The SBF consists of flats accumulated from earlier BTO exercises, surplus Selective En-bloc Redevelopment Scheme (SERS) replacement flats and repurchased flats, among others
‘It replaces the existing Balloting Exercise, Quarterly Sales and Half-Yearly Sales. HDB will only conduct the SBF as and when there are sufficient numbers of such flats accumulated,’ HDB said.
Source : Business Times – 1 Oct 2009
Comments Off on HDB steps up supply of new public housing flats
Posted in HDB
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