Central Weave News Today

SINGAPORE, Oct 31 — The Housing and Development Board’s (HDB) deficit climbed yet again to a record high of S$5.38 billion (RM18.76 billion) in the financial year of 2022, as...

SINGAPORE, Aug 21— When the new Plus flats under the public housing authority’s new classification scheme hit the resale market, there may be some “disparities” because of...

Current homes or homes that have already been booked will not be reclassified.

Singapore News - The mature estates of Bedok and Serangoon will get new Housing Board flats for the first time in about seven and nine years respectively, as 1,960 flats will be launched across both towns in the next Build-To-Order (BTO) sales exercise in May. Both BTO projects will have... Read more at www.tnp.sg

The Online Citizen Asia Are HDB flat owners paying more for their flats than its actual value of land and cost of construction? Editorial

'Tis the BTO season, when we update our HDB BTO reviews and guides, and do reviews on the upcoming launches. But as a property portal, we also can't help but look at record prices of BTO flats sold on the resale market after they hit their Minimum Occupation Period (MOP). Here's a couple of transactions that caught our eye. Last...

Getting a BTO is akin to winning the lottery, where your odds are better at striking 4D than getting a queue number. Still, people try.

SINGAPORE - The Housing Board’s deficit nearly doubled to a record $4.367 billion in the financial year ended March 31, from $2.346 billion the year before. The higher deficit is largely due to more Build-To-Order (BTO) projects starting construction as well as more subsidies and grants disbursed to buyers, said HDB, which released its annual report on Monday. Here is...

Getting a BTO flat is a rite of passage for many Singaporeans. Unfortunately, due to the overwhelming demand for public housing, some couples have found themselves in for a long wait. One couple, bummed about their failed Build-To-Order (BTO) attempts, complained on Reddit on Wednesday (Oct 12), the day that the BTO results were announced for the highly sought-after Central...

They made false statements about gains by S'pore's past reserves and HDB's net loss from a BTO project. Read more at straitstimes.com.