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- wong chee tat :)
Wednesday, March 26, 2014
HDB Issues Fixed Rate Notes
HDB Issues Fixed Rate Notes
Date issued : 26 Mar 2014
The Housing and Development Board ("HDB") has issued S$750 million, 7-year Fixed Rate Notes (the “Notes”) under its S$22 billion Multicurrency Medium Term Note ("MTN") Programme.
2The Notes have a coupon of 3.008% per annum payable semi-annually in arrear. The Notes were issued on 26 March 2014 and will mature on 26 March 2021.
3The Notes are in denominations of S$250,000 and were offered by way of placement to investors who fall within Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore. Approval in principle for the listing of the Notes on the Singapore Exchange Securities Trading Limited (SGX-ST) has been obtained. Admission of the Notes to the Official List of the SGX-ST is not to be taken as an indication of the merits of HDB, its subsidiaries or the Notes. The Notes are cleared through The Central Depository (Pte) Limited.
4The Joint Lead Managers are Australia and New Zealand Banking Group Limited, CIMB Bank Berhad, Deutsche Bank AG, Singapore Branch, Maybank Kim Eng Securities Pte. Ltd. and Standard Chartered Bank.
5Under HDB's MTN programme, HDB may from time to time, issue bonds (or notes) to finance its development programmes and working capital requirements as well as to refinance the existing borrowings.
6HDB was set up as a statutory board on 1 February 1960. HDB houses over 80% of Singapore's resident population and enables more than nine out of ten of them to be homeowners. This has made Singapore one of the highest home ownership nations in the world. The provision of quality housing and related services, and the renewal of the older HDB estates, will remain the focus for HDB.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS
This announcement is not an offer for sale of securities in the United States. The Notes have not been and will not be registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States or to U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the U.S. securities laws. No public offering of securities is being made in the United States or in any other jurisdiction where such an offering is restricted or prohibited.
- wong chee tat :)
- wong chee tat :)
Date issued : 26 Mar 2014
The Housing and Development Board ("HDB") has issued S$750 million, 7-year Fixed Rate Notes (the “Notes”) under its S$22 billion Multicurrency Medium Term Note ("MTN") Programme.
2The Notes have a coupon of 3.008% per annum payable semi-annually in arrear. The Notes were issued on 26 March 2014 and will mature on 26 March 2021.
3The Notes are in denominations of S$250,000 and were offered by way of placement to investors who fall within Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore. Approval in principle for the listing of the Notes on the Singapore Exchange Securities Trading Limited (SGX-ST) has been obtained. Admission of the Notes to the Official List of the SGX-ST is not to be taken as an indication of the merits of HDB, its subsidiaries or the Notes. The Notes are cleared through The Central Depository (Pte) Limited.
4The Joint Lead Managers are Australia and New Zealand Banking Group Limited, CIMB Bank Berhad, Deutsche Bank AG, Singapore Branch, Maybank Kim Eng Securities Pte. Ltd. and Standard Chartered Bank.
5Under HDB's MTN programme, HDB may from time to time, issue bonds (or notes) to finance its development programmes and working capital requirements as well as to refinance the existing borrowings.
6HDB was set up as a statutory board on 1 February 1960. HDB houses over 80% of Singapore's resident population and enables more than nine out of ten of them to be homeowners. This has made Singapore one of the highest home ownership nations in the world. The provision of quality housing and related services, and the renewal of the older HDB estates, will remain the focus for HDB.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS
This announcement is not an offer for sale of securities in the United States. The Notes have not been and will not be registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States or to U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the U.S. securities laws. No public offering of securities is being made in the United States or in any other jurisdiction where such an offering is restricted or prohibited.
- wong chee tat :)
- wong chee tat :)
HDB launches 3,497 new flats
Date issued : 26 Mar 2014
HDB launched four Build-To-Order (BTO) projects today, offering 3,497 new flats in the non-mature towns of Sembawang 
(PDF 762KB),Sengkang (PDF 2959KB) and Yishun (PDF 1248KB). This is the second BTO launch for 2014, bringing the total number of flats offered for sale this year to 6,636. As with all new public housing developments launched since Jan 2014, HDB will introduce a standard suite of eco-features in all four projects, which will help to manage water, energy and waste more efficiently.
(PDF 762KB),Sengkang (PDF 2959KB) and Yishun (PDF 1248KB). This is the second BTO launch for 2014, bringing the total number of flats offered for sale this year to 6,636. As with all new public housing developments launched since Jan 2014, HDB will introduce a standard suite of eco-features in all four projects, which will help to manage water, energy and waste more efficiently.
MARCH 2014 BTO LAUNCH
2The 3,497 new flats comprise 2-room to 5-room flats, as well as Three-Generation (3Gen) flats, to meet the diverse housing needs of first-timers, second-timers, multi-generation families, and singles.
3First-timers will continue to enjoy priority flat allocation, with at least 85% (for 4-room and 5-room) and 70% (for 2-room and 3-room) of the BTO flat supply set aside for them. Eligible first-timer singles have the option of applying for a 2-room flat in EastCrown @ Canberra, EastLace @ Canberra, and Fern Grove @ Yishun.
4Married/courting couples who wish to apply for a 3Gen flat together with their parent(s) can apply for one at Anchorvale Parkview, which will offer 70 3Gen flats in this exercise. Other multi-generation families who wish to live in the same BTO project can apply under the Multi-Generation Priority Scheme HDB will set aside up to 15% of the Studio Apartments, 2-room and 3-room flats in a BTO project (subject to a minimum of 20 units each) for parents applying under MGPS. The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children. (MGPS). There will be flats set aside in EastCrown @ Canberra, EastLace @ Canberra and Fern Grove @ Yishun for this purpose.
5Eligible first-timer households can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant (AHG) (up to $40,000) and Special CPF Housing Grant (SHG) (up to $20,000). With these grants, 2-room, 3-room, 4-room and 5-room flats are priced from $10,000, $91,000, $201,000 and $303,000 respectively. Further details can be found in Annex A (PDF 611KB).
(PDF 611KB).
Table 1: March 2014 BTO Prices
Project
|
Flat Type
|
Selling Price
(Excluding Grants@) |
Selling Price
(Inclusive of Grants^) |
| Non-Mature Towns/Estates | |||
2-room*
|
From $70,000
|
From $10,000
| |
3-room
|
From $141,000
|
From $91,000
| |
4-room
|
From $236,000
|
From $201,000
| |
EastCrown @ Canberra  (JPG 428KB) |
5-room
|
From $313,000
|
From $303,000
|
Fern Grove @ Yishun
(JPG 414KB) |
2-room*
|
From $75,000
|
From $15,000
|
3-room
|
From $150,000
|
From $100,000
| |
4-room
|
From $252,000
|
From $217,000
| |
5-room
|
From $316,000
|
From $306,000
| |
Anchorvale Parkview
(JPG 434KB) |
4-room
|
From $268,000
|
From $233,000
|
5-room
|
From $358,000
|
From $348,000
| |
3Gen
|
From $351,000
|
From $341,000
| |
Notes:
1) * Come in two sizes of 36 sqm (Type 1) and 45 sqm (Type 2).
2) ^ The assumed housing grants are meant for applicants applying as a family nucleus or two singles under the Joint Singles Scheme for a 2-room flat:
- i) 2-room flat: $60,000 (comprising AHG of $40,000 and SHG of $20,000 where applicable)
ii) 3-room flat: $50,000 (comprising AHG of $30,000 and SHG of $20,000 where applicable)
iii) 4-room flat: $35,000 (comprising AHG of $15,000 and SHG of $20,000 where applicable)
iv) 5-room flat / 3Gen: $10,000 (AHG only)
- The actual grant amounts vary based on income and choice of flat type. Read more on various CPF Housing Grants Available.
3) @ Singles who apply under the Single Singapore Citizen Scheme will pay $15,000 more than the married couples. Eligible singles can also apply for AHG and SHG. The actual grant amounts will vary based on income. Read more on various CPF Housing Grants Available.
Advice for Flat Buyers
6Regular updates on the number of applications submitted for the various flat types/towns will be published on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.
Application for Mar 2014 BTO Exercise
7Application for the BTO flats can be submitted online from today, 26 Mar 2014 (Wednesday) to 1 Apr 2014 (Tuesday). Eligible applicants can apply for only one flat type in one town only.
9For enquiries, the public can:
- Log on to esales.hdb.gov.sg; or
- E-mail hdbsales@mailbox.hdb.gov.sg; or
- Visit the HDB Sales Office to speak with our Customer Relations Executives during office hours (Mon to Fri 8 am to 5 pm, Saturday 8 am to 1 pm).
BTO-CUM-SBF LAUNCH IN MAY 2014
10In May 2014, HDB will offer about 3,060 BTO flats in Bukit Batok and Woodlands. An additional 3,000 flats will be offered in a concurrent Sales of Balance Flats (SBF) exercise. More information on the flats for offer under the May 2014 BTO exercise is available on the HDB InfoWEB.
1 HDB will set aside up to 15% of the Studio Apartments, 2-room and 3-room flats in a BTO project (subject to a minimum of 20 units each) for parents applying under MGPS. The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.
- wong chee tat :)
HDB launches 3,497 new flats
HDB launches 3,497 new flats
Flats will be located in non-mature towns on Sembawang, Sengkang and Yishun
PUBLISHED: MARCH 26, 11:59 AM (PAGE 1 OF 1) - PAGINATE
SINGAPORE — The Housing and Development Board (HDB) launched four Build-To-Order (BTO) projects today (March 26), offering 3,497 new flats in the non-mature towns of Sembawang, Sengkang and Yishun.
The new flats comprise 2-room to 5-room units, and Three-Generation (3Gen) flats.
HDB said in a statement today the new flats are meant to meet the diverse housing needs of first-time buyers, second-timers, multi-generation families, and singles.
First-timers will continue to have priority flat allocation, with at least 85 per cent of 4-room and 5-room flats and 70 per cent of 2-room and 3-room flats in the BTO supply set aside for them.
Eligible first-timer singles have the option of applying for a 2-room flat in EastCrown @ Canberra, EastLace @ Canberra, and Fern Grove @ Yishun.
Married or courting couples who wish to apply for a 3Gen flat together with their parent or parents can apply for one at Anchorvale Parkview, which will offer 70 3Gen flats in the exercise.
Other multi-generation families who wish to live in the same BTO project can apply under the Multi-Generation Priority Scheme (MGPS).
There will be flats set aside in EastCrown @ Canberra, EastLace @ Canberra and Fern Grove @ Yishun for that purpose.
HDB will set aside up to 15 per cent of the Studio Apartments, 2-room and 3-room flats in a BTO project, subject to a minimum of 20 units each, for parents applying under MGPS.
The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.
This is the second BTO launch for 2014, bringing the total number of flats offered for sale this year to 6,636.
HDB said as with all new public housing developments launched since January this year, it will introduce a standard suite of eco-features in all four projects.
The features are meant to manage water, energy and waste more efficiently.
Regular updates on the number of applications submitted for the various flat types or towns will be published at HDB InfoWEB.
HDB advised applicants to check for updates before submitting their applications.
In May 2014, HDB will offer about 3,060 BTO flats in Bukit Batok and Woodlands. An additional 3,000 flats will be offered in a concurrent Sales of Balance Flats (SBF) exercise.
More information on the flats for offer under the May 2014 BTO exercise can be found at the HDB InfoWEB.
CHANNEL NEWSASIA
- wong chee tat :)
Flats will be located in non-mature towns on Sembawang, Sengkang and Yishun
PUBLISHED: MARCH 26, 11:59 AM (PAGE 1 OF 1) - PAGINATE
SINGAPORE — The Housing and Development Board (HDB) launched four Build-To-Order (BTO) projects today (March 26), offering 3,497 new flats in the non-mature towns of Sembawang, Sengkang and Yishun.
The new flats comprise 2-room to 5-room units, and Three-Generation (3Gen) flats.
HDB said in a statement today the new flats are meant to meet the diverse housing needs of first-time buyers, second-timers, multi-generation families, and singles.
First-timers will continue to have priority flat allocation, with at least 85 per cent of 4-room and 5-room flats and 70 per cent of 2-room and 3-room flats in the BTO supply set aside for them.
Eligible first-timer singles have the option of applying for a 2-room flat in EastCrown @ Canberra, EastLace @ Canberra, and Fern Grove @ Yishun.
Married or courting couples who wish to apply for a 3Gen flat together with their parent or parents can apply for one at Anchorvale Parkview, which will offer 70 3Gen flats in the exercise.
Other multi-generation families who wish to live in the same BTO project can apply under the Multi-Generation Priority Scheme (MGPS).
There will be flats set aside in EastCrown @ Canberra, EastLace @ Canberra and Fern Grove @ Yishun for that purpose.
HDB will set aside up to 15 per cent of the Studio Apartments, 2-room and 3-room flats in a BTO project, subject to a minimum of 20 units each, for parents applying under MGPS.
The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.
This is the second BTO launch for 2014, bringing the total number of flats offered for sale this year to 6,636.
HDB said as with all new public housing developments launched since January this year, it will introduce a standard suite of eco-features in all four projects.
The features are meant to manage water, energy and waste more efficiently.
Regular updates on the number of applications submitted for the various flat types or towns will be published at HDB InfoWEB.
HDB advised applicants to check for updates before submitting their applications.
In May 2014, HDB will offer about 3,060 BTO flats in Bukit Batok and Woodlands. An additional 3,000 flats will be offered in a concurrent Sales of Balance Flats (SBF) exercise.
More information on the flats for offer under the May 2014 BTO exercise can be found at the HDB InfoWEB.
CHANNEL NEWSASIA
- wong chee tat :)
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