Tag Archives: HDB

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

HDB spaces: No subletting rule observed in the breach

THE Housing Board’s reply, ‘HDB shop corridor area cannot be sublet’ (July 21), stated that HDB corridor areas should not be sublet by shop owners to third parties.

This may be the rule, but in my experience, it is often breached.

We operate shops dealing in mobile phones in Clementi and Bedok Central. A 100 sq ft ‘hole in the wall’ in these locations costs up to $7,000 a month to rent.

However, there are many fly-by-night mobile phone operators who set up shop in the yellow boxes in these areas and pay about $2,000 a month to rent the space. In Bedok Central, town council officers periodically patrol the neighbourhood to check on illegal peddlers. However, enforcement of the rule has been inconsistent. Continue reading