Tag: HDB resale value

Not all HDB towns are the same, and comparing two towns are usually as useful as comparing apples and oranges. However, there are HDB towns that are very similar, not just in geography but in age, such as Choa Chu Kang and Bukit Panjang — towns that were built up since the 1980s. Situated side…

On 10 September 2018, Minister for National Development Lawrence Wong answered questions about the Voluntary Early Redevelopment Scheme (VERS) in Parliament*. One of the key points stated was how VERS could involve private developers. This statement gives owners of older HDB flats even more hope, since private developer interest could perhaps translate to a higher…

Ask Singaporeans to name a BTO project that has made enormous profits for owners on the resale market, and the answer is likely to be The Pinnacle @ Duxton. Launched in 2004, this centrally-located project made headlines in 2016 for breaking the HDB resale record with a $1.12 million transaction price for a five-room flat. Little…

In Singapore, every town has its day. Pasir Ris, a Housing & Development Board (HDB) housing estate built-up in the 1990s, is about to get a facelift as the estate reaches 30 years of age. Plans to rejuvenate Pasir Ris town were announced last year, and HDB finally got the ball rolling on 28 August…

You’re thinking of buying or selling a HDB resale flat, and you’ve heard of the HDB Resale Portal. Faced with the prospect of not needing to pay a 1-2% agent commission, you’re tempted to go it alone and do-it-yourself with the help of the portal. After all, it’s been frequently quoted in the media that the…

At the National Day Rally on 19 August 2018, Singapore Prime Minister Lee Hsien Loong started off by listing housing as one of the “major cost pressures” Singaporeans today face. However, when PM Lee got around to addressing the topic of housing proper, it became clear that the government’s priority centered around HDB resale flats,…

Morgan Stanley recently put out another report, claiming property prices in Singapore can rise 10 per cent by 2019. In fact, they are predicting that housing prices can double by 2030 or, in a bear scenario, 2034. But how true is all this, given the recent cooling measures? What’s the big prediction? The Morgan Stanley…

The lease decay issue surrounding ageing HDB flats is becoming as old as stale bread. However, there are still occasional surprises, such as finding out that a group of older flats have, in just over 5.5 years, had one-quarter of their value wiped out. To be more specific, we found that transaction prices of 3-room…

While overall HDB resale prices in Singapore has overseen a lacklustre performance in the past five years, there’ve been a handful of HDB towns that shone. One of them is Bishan new town, which was built in the 1980s and includes flats in the neighbourhoods of Sin Ming and Shunfu. Zooming in on flats built…

In this new series, we highlight noteworthy pieces of data from 99.co’s Researcher tool for property agents. This chart looks at how HDB resale prices of four towns — Geylang, Bedok, Tampines and Pasir Ris — have changed in the past 15 years from 01/01/03 to date, along with their sales volume. First, a look…