16 King Albert Park

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The Hermitage

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400m To Kovan MRT. FH Terrace Renovated For Function And Easy Living

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Tag: HDB

Singapore’s Public Housing, Envy of World, Hits Rough Patch

Singapore’s long romance with public housing is going through a rocky patch, threatening to undermine one of the most popular government policies.   For decades, the no-frills, affordable apartments have been integral to the city-state’s way of life, helping young couples achieve their dreams of home ownership…

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HDB resale transactions up 19% in Q3 as prices remain flat

SINGAPORE: The number of resale transactions for flats rose nearly 19 per cent in the third quarter of this year as prices remained flat, according to figures released by the Housing and Development Board (HDB) on Friday (Oct 26).   Resale transactions jumped from 5,941 cases in…

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HDB Shortfall Up 44.4% To $1.7b

SINGAPORE: The Housing Board incurs a deficit annually, mainly from its homeownership programmes.   The Housing and Development Board’s (HDB) net deficit jumped 44.4 percent to about $1.72 billion in fiscal year 2016/2017 compared to $1.19 billion a year ago, partly due to more new flats being…

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