Tuesday, January 25, 2011
HDB launches BTO projects in Bukit Batok, Yishun
HDB launches BTO projects in Bukit Batok, Yishun
Posted: 25 January 2011 1117 hrs
SINGAPORE: HDB is launching three BTO projects on Tuesday - Golden Daisy in Bukit Batok, Orchid Spring @ Yishun and Vista Spring @ Yishun.
A total of 1,728 standard flats will be offered, comprising 180 studio apartments, 192 units of two-room, 252 units of three-room, 828 units of four-room and 276 units of five-room flats.
95 per cent of the flat supply, excluding Studio Apartments, will be set aside for First-Timer households.
The price of flats ranges from S$83,000(for a studio apartment) to S$353,000.
HDB said its new flats are priced with a generous subsidy below their market value.
It added that the market value, as determined by professional valuers, takes into account the prices of comparable resale flats in the area, adjusted for factors such as location, flat attributes, design, availability of flats for occupation and prevailing market conditions.
In addition, eligible first-timers buying two-room and bigger new flats and earning not more than S$5,000 per month can also apply for the Additional CPF Housing Grant of up to S$40,000. The AHG can be used to offset the initial down-payment.
Applications for the new flats can be submitted online from January 25to February 7.
HDB said in the first six months of 2011, flat buyers can look forward to about 11,000 new BTO flats.
The next BTO launch in February 2011 will offer about 1,600 flats in Bukit Panjang and Sengkang.
-CNA/ac
- wong chee tat :)
Posted: 25 January 2011 1117 hrs
SINGAPORE: HDB is launching three BTO projects on Tuesday - Golden Daisy in Bukit Batok, Orchid Spring @ Yishun and Vista Spring @ Yishun.
A total of 1,728 standard flats will be offered, comprising 180 studio apartments, 192 units of two-room, 252 units of three-room, 828 units of four-room and 276 units of five-room flats.
95 per cent of the flat supply, excluding Studio Apartments, will be set aside for First-Timer households.
The price of flats ranges from S$83,000(for a studio apartment) to S$353,000.
HDB said its new flats are priced with a generous subsidy below their market value.
It added that the market value, as determined by professional valuers, takes into account the prices of comparable resale flats in the area, adjusted for factors such as location, flat attributes, design, availability of flats for occupation and prevailing market conditions.
In addition, eligible first-timers buying two-room and bigger new flats and earning not more than S$5,000 per month can also apply for the Additional CPF Housing Grant of up to S$40,000. The AHG can be used to offset the initial down-payment.
Applications for the new flats can be submitted online from January 25to February 7.
HDB said in the first six months of 2011, flat buyers can look forward to about 11,000 new BTO flats.
The next BTO launch in February 2011 will offer about 1,600 flats in Bukit Panjang and Sengkang.
-CNA/ac
- wong chee tat :)
Holland Tower up for en bloc
Holland Tower up for en bloc
By Travis Teo | Posted: 24 January 2011 1458 hrs
SINGAPORE: Holland Tower has been put up for en bloc by its marketing agent Jones Lang LaSalle.
Market watchers expect the site to fetch about S$1,300 to S$1,400 dollars per square foot.
This is comparable to nearby developments like Robin Court, Maison Royal and Serene House.
The 14-story single tower development is located on a 22,000 square feet site currently zoned for residential use.
Jones Lang said the new development can maintain the existing height and have a gross floor area of about 43,500 square feet.
It added that the freehold development located at 10 Holland Heights, is minutes from the Botanic Gardens and Orchard Road.
The marketing agent also said the future Holland Village MRT station will be located just one bus stop away.
Jones Lang is still positive on the market, despite the property cooling measures that were introduced recently.
The marketing agent said it believes that there is still a pool of genuine buyers and investors who are looking for their own stay or for long term investments.
The tender for Holland Tower closes on the February 23.
-CNA/ac
- wong chee tat :)
By Travis Teo | Posted: 24 January 2011 1458 hrs
SINGAPORE: Holland Tower has been put up for en bloc by its marketing agent Jones Lang LaSalle.
Market watchers expect the site to fetch about S$1,300 to S$1,400 dollars per square foot.
This is comparable to nearby developments like Robin Court, Maison Royal and Serene House.
The 14-story single tower development is located on a 22,000 square feet site currently zoned for residential use.
Jones Lang said the new development can maintain the existing height and have a gross floor area of about 43,500 square feet.
It added that the freehold development located at 10 Holland Heights, is minutes from the Botanic Gardens and Orchard Road.
The marketing agent also said the future Holland Village MRT station will be located just one bus stop away.
Jones Lang is still positive on the market, despite the property cooling measures that were introduced recently.
The marketing agent said it believes that there is still a pool of genuine buyers and investors who are looking for their own stay or for long term investments.
The tender for Holland Tower closes on the February 23.
-CNA/ac
- wong chee tat :)
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