HDB Properties

Empire HDB Properties

SINGAPORE
PROPERTY MARKET	PROPERTY NEWS	HDB PROPERTIES	CONDO & APTS	EMPIRE LINKS

JAKARTA
JAKARTA MARKET	JAKARTA NEWS	JAKARTA CONDOS	JAKARTA HOUSING

CLICK TO HDB/HUDC APARTMENTS LISTINGS - SALE OR RENTAL

HDB PROPERTY LISTINGS
WEST	CENTRAL/CBD/SOUTH	NORTH	EAST

BUKIT BATOK	BISHAN	ANG MO KIO	BEDOK
BUKIT MERAH	BEACH	SEMBAWANG	CHAI CHEE
CLEMENTI	CRAWFORD	WOODLANDS	CHANGI
JURONG	BRADDELL	YISHUN	EUNOS
LIM CHU KANG	GEYLANG	YIO CHU KANG	HOUGANG
TELOK BLANGAH	KALLANG		MARINE PARADE
QUEENSTOWN	MACPHERSON		PASIR RIS
WEST COAST	POTONG PASIR		SIMEI
CHOA CHU KANG	SERANGOON		TAMPINES
BUKIT PANJANG	TOA PAYOH
	WHAMPOA

CLICK THE LINKS TO HDB NEWS

HDB NEWS	HDB RESALE	HDB	DBSS
	PRICE INDEX OF RESALE PRICES	LUP
	PRICES BY LOCATION/TOWNS	ENBLOC
	COV CASH OVER VALUATION
	RESALE VOLUMES
	SUBLETTING RENTAL
	SUBLETTING VOLUMES

HDB NEWS UPDATE FOR THE MONTH	OCT 2008	HDB Resale PRICE INDEX OF RESALE PRICES PRICES BY LOCATION/TOWNS COV CASH OVER VALUATION RESALE VOLUMES SUBLETTING RENTAL SUBLETTING VOLUMES
	NOV 2008	TBA
	DEC2008	TBA
	JAN 2009	TBA
	FEB 2009	TBA
	MAR 2009	TBA
	APR 2009	TBA
	MAY 2009	TBA
	JUN 2009	TBA

OCT 2008    HDB Resale and Rental Markets for transactions in 3rd Quarter 2008.

1         HDB’s Resale Price Index (RPI) rose by 4.2% in 3rd Quarter 2008 over the previous quarter, slightly lower than the 4.5% increase seen in 2nd Quarter 2008.

2         Resale transactions increased by about 4%, from about 7,760 cases in 2nd Quarter 2008 to about 8,110 cases in 3rd Quarter 2008.

3         The median Cash-Over-Valuation (COV) amount of all resale transactions in 3rd Quarter 2008 was $19,000. This is a slight decrease compared with the COV of $20,000 in 2nd Quarter 2008. Cases requiring COV constituted 89% of all resale transactions in this quarter, with 11% of resale transactions conducted at or below valuation.

HDB Rental Market

4 Overall median sublet rents for HDB flats rose slightly in 3rd Quarter 2008.

5 Subletting transactions fell slightly by about 4% from about 4,120 cases in 2nd Quarter 2008 to about 3,960 cases in 3rd Quarter 2008.

6. The total number of HDB flats approved for subletting rose to about 21,400 units, compared to about 20,200 units in 2nd Quarter 2008.

Transacted prices of individual flats (by block and flat type) can be found on HDB website and detailed online enquiries can be made at http://www.hdb.gov.sg/bb33/ispm051p.nsf.

Upcoming New Flat Supply

5 The Build-To-Order (BTO) system constitutes the main supply of new flats. HDB has to date launched about 5,000 of the planned supply of 8,400 Build-To-Order (BTO) flats for 2008. Subject to demand, HDB plans to offer another 3,400 new flats under the BTO system in the remaining months of 2008 in towns such as Punggol, Sengkang and Yishun. This new BTO flat supply will be in addition to the sale exercises offering balance flats from previous offers. HDB will provide more details of the BTO flats when the projects are launched.

6 To date, HDB has successfully tendered out 6 DBSS sites. Of these, 3 projects have been launched for sale by the private developers. The 3 projects are The Premiere @ Tampines, City View @ Boon Keng and Park Central @ Ang Mo Kio. The other 3 projects pending launch by the private developers are at Bishan, Simei and Toa Payoh. HDB is monitoring the current market situation before deciding on the launch date for the Bedok DBSS site, which has been scheduled for launch in the last quarter of 2008.