Tag Archives: HDB News

Mainboard-listed BBR secures S$104.2m HDB contract

Mainboard-listed BBR Holdings has secured a S$104.2-million contract from Singapore’s Housing & Development Board (HDB) to build seven blocks of flats in Yishun Neighbourhood 4.

This is the company’s first HDB contract and work is expected to begin next month.

The project will be carried out in 10 phases and is expected to complete by 2012.

The work comprises 864 homes, a Child Care Centre, a roof garden, communal amenities and site works, as well as contingency works.

With this latest win, BBR said Monday its order book for civil engineering and building projects stands at S$396 million, with projects predominantly spread out in Singapore and Malaysia.

Source : Channel NewsAsia – 17 Aug 2009

Strong demand for HDB’s build-to-order Punggol flats

APPLICATIONS for the build-to-order (BTO) Punggol Residences flats have been flooding into the Housing Board (HDB).

As at 5pm yesterday, the HDB had received 5,215 applications for the 769 flats on offer at the Punggol site.

This works out to a subscription rate of 6.7 times for the development, which comprises 615 four-room and 154 five-room flats. There were 3,609 applications for the four-room flats and 1,606 applications for the five-room units.

The deadline for applications is midnight on Aug 12.

An HDB spokesman said: ‘The strong interest shows that home-buyers recognise that HDB’s latest project offers good value for money.’

Punggol Residences, situated at the junction of Punggol Walk and Punggol Field, is located within the precincts of the future Punggol Town Centre. Continue reading