Tag Archives: HDB

HDB priority scheme a hit with married couples

Posted on 16 May 2013 | Comments Off on HDB priority scheme a hit with married couples

HDB’s recent initiative to help married couples with children below 16 years own a home is reportedly doing well.

More than 12,000 first-timer households under the Parenthood Priority Scheme (PPS) took up 32 percent of the 3,898 Build-to-Order (BTO) flats offered in the non-mature estates of Punggol, Sengkang and Bukit Batok during the recent launch in March.

PPS applicants had also applied for 30 percent of flats offered in non-mature estates back in January.

Meanwhile, the housing board plans to launch 4,850 BTO flats in Hougang, Choa Chu Kang, Sembawang, Jurong West and Woodlands, as well as 3,000 balance units later this month.

Moving forward, analysts expect the response from PPS applicants to be even higher as the scheme has been extended to cover married couples expecting a child, in addition to the launch of balance flats which are considered more attractive since they are ready or nearing completion.

According to HDB, 30 percent of BTO flats and 50 percent of balance units are reserved for PPS applicants.

Source – PropGuru – 16 May 2013

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Government to release five residential sites in May 2013

Posted on 15 May 2013 | Comments Off on Government to release five residential sites in May 2013

Government to release five residential sites estimated to
yield 2,725 housing units in May 2013.

The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing five residential sites for sale this month under the Government Land Sales Programme for the first half of 2013.

The government said this is to provide developers and home buyers with more choices for private housing.

The five sites are located at Tampines Avenue 10, Toa Payoh Lorong 6, Prince Charles Crescent, Siglap Road and Geylang East Avenue 1.

The five sites can collectively yield about 2,725 residential units.

URA said the land parcel at Tampines Avenue 10 (Parcel B) is on sale on Wednesday under the Confirmed List.

The remaining four land parcels are available on Wednesday for application on the Reserve List.

Tender for the residential site at Tampines Ave 10 (Parcel B) will close at 12 noon on 2 July 2013.

Source – CNA – 15 May 2013

To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing five sites for sale in May 2013 under the Government Land Sales Programme (GLS) for 1st half 2013 (1H2013).

Together, these five sites can yield about 2,725 residential units.

The land parcel at Tampines Avenue 10 (Parcel B) is launched for sale today under the Confirmed List. The remaining four land parcels at Toa Payoh Lorong 6, Prince Charles Crescent (Parcel B), Siglap Road and Geylang East Avenue 1 are made available today for application on the Reserve List.

More details on the land parcels can be found in Annex 1 and the location plans in Annex 2.

Other Details

Tender for the residential site at Tampines Avenue 10 (Parcel B) will close at 12 noon on 2 July 2013. Selection of the successful tenderer will be based on the tendered land price only.

More details on the land parcels are available on the respective URA and HDB websites at:

(Tampines Avenue 10 (Parcel B))
http://www.ura.gov.sg/sales/TampinesAv10B/CL/Tpines10B-intro(CL).html

(Toa Payoh Lorong 6)
http://www.hdb.gov.sg/fi10/fi10330p.nsf/w/LandDevMangTPYLor6TPYLor4?OpenDocument

(Prince Charles Crescent (Parcel B))
http://www.ura.gov.sg/sales/PCharlesCrest-B/MA/PCharlesCrest-B-intro(MA).html

(Siglap Road)
http://www.ura.gov.sg/sales/Siglap/MA/Sglp-intro(MA).html

(Geylang East Avenue 1)
http://www.ura.gov.sg/sales/GeylangEastAv1/MA/GlngE-intro(MA).html

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