Housing and Development Board

It's shelter, but little else

The resurrected Home Ownership Scheme promises to deliver 5,000 flats a year - the same as before. But this time the philosophy behind the housing policy is different.

Tuesday, 1 November, 2011, 12:00am

Prices soar as Lion City enjoys spectacular time

While house prices remain mixed in Europe and the United States, Asia is booming, with Singapore in pole position, according to the latest Global Property Guide.

The report calls Singapore a 'spectacular performer' with 34 per cent house price increases year-on-year to the end of the second quarter.

10 Nov 2010 - 12:00am

New projects attract strong interest

Singapore's mass-market housing is an example for Hong Kong, with affordable housing made accessible to the middle- and lower-middle class.

Properties developed by the Housing Development Board can be sold, and prices move up and down according to market swings.

10 Nov 2010 - 12:00am

A cooling effect

Singapore's property market had already started moderating when its government introduced fresh measures on August 30 to preempt the formation of a housing price bubble.

29 Oct 2010 - 12:00am

Home Ownership Scheme will not undermine property market

I wish to express my dissatisfaction with the government's erroneous housing policy.

The chief executive said that only the prices of luxury properties were sky high and this would not affect the average home buyers. However, he has not considered the displacement effect.

9 Dec 2009 - 12:00am

Lai Sun defaults again on Singapore land deal

LAI Sun Development and its Singapore joint-venture partner Eltech Electronics have for a third time defaulted on paying for a S$91.5 million (about HK$416 million) government land site bought at the peak of the market and will now hand it back to the government.

7 Jun 1998 - 12:00am

Flat sell-off 'will force prices down'

Prices of small flats will be forced down by the decision to sell tens of thousands of public housing apartments, property consultants claim.

Some predict the market for older urban flats will be worst hit.

Hongkong Real Estate Agencies' Association chairman Stephen Ng Kam-chun said the sale of the flats for as little as $150,000 represented 'a good deal'.

9 Dec 1997 - 12:00am

Shanghai adopts SAR housing model

Shanghai will soon adopt a Hong Kong-style policy where construction of low-cost housing is co-ordinated by a housing authority and allocation is based on ability to pay.

The plan will relieve the moribund state sector of the heavy burden of providing cheap housing for employees.

13 Nov 1997 - 12:00am

Huge homes deal may go to Pudong

The Shanghai municipal government's campaign to make Pudong more attractive will get a boost if the Singapore Government finalises plans to develop a massive low-cost housing project in the area.

29 May 1996 - 12:00am

Flat prices rise by 6pc

RESALE prices of Housing Development Board flats in Singapore have defied expectations this quarter, shooting up six per cent with a month still to go, instead of correcting.

Prices of ordinary flats rose just 1.5 per cent, according to the Urban Redevelopment Authority's Property Price index.

29 Nov 1995 - 12:00am

More land but market copes

MARKET elasticity in Singapore's private housing sector will act as a prop as the Government continues releasing land parcels for development.

'There's not going to be any crash, that's a typical overreaction,' Jones Lang Wootton's Alan Choo said.

12 Jul 1995 - 12:00am