Tag Archives: HDB

PAP’s Executive Condo Cooling Measures Destroy Hopes of Buyers

Another government agency has taken their turn to implement new cooling measures. The Ministry of National Development (MND) announced yesterday that they are introducing three new measures to better align the Executive Condominium (EC) Scheme with other public housing. And what a smack down it is. Here, we take a look at them and why the dream of owning an EC may have faded for many:

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YOUR HDB FLAT, YOUR HOME, YOUR ASSET???

I find that HDB all this while have not been doing what they have been advertising. I am a middle income earner, earning a moderate income of $1.8k per month for the past few years. I have been applying for a flat from HDB for numerous times and yet have not got any. Surprisingly, the first time I submitted my HLE, it came back with a 90k loan which is seriously low.

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Provide affordable homes for elderly

When I heard about the prices for The Hillford, a retirement housing project for the elderly, I thought to myself that it is meant only for rich retirees. Even retirement housing does not come cheap.

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HDB resale prices fall 1.3% in Q4

In the latest flash estimates released by the Housing and Development Board (HDB) yesterday, the Resale Price Index (RPI) fell 1.3 per cent to 202.1 for the final quarter of last year. Previously, it had fallen 0.9 per cent from a record high of 206.6 in the second quarter of last year. The 1.3 per cent fall was the RPI’s sharpest decline since the second quarter of 2005, when the index fell 4.8 per cent to 101.6 due to anti-cash-back measures aimed at stopping buyers and sellers from inflating prices to facilitate higher loans.

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