Joint Press Release by HDB & URA - Government to release 3 residential sites with estimated yield of about 1,300 units in March 2014

Joint Press Release by HDB & URA - Government to release 3 residential sites with estimated yield of about 1,300 units in March 2014

Date issued : 27 Mar 2014

 To provide developers and home buyers with more choices for private housing, the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) will be releasing three residential sites for sale in March 2014 under the 1st Half 2014 (1H2014) Government Land Sales (GLS) Programme. Together, these three sites can yield about 1,300 residential units.

2The two Executive Condominium sites at Yishun Street 51 are launched for sale under the Confirmed List, while the residential site at Margaret Drive will be made available on the Reserve List today.

3Information on the land parcels can be found in Annex 1  (PDF 9KB) and the location plans in Annex 2  (PDF 376KB). Further details on the land parcels are also available on the HDB and URA websites:

 http://www.hdb.gov.sg/fi10/fi10330p.nsf/w/LandDevMangYishunSt51A?OpenDocument (Yishun Street 51, Parcel A)

 http://www.hdb.gov.sg/fi10/fi10330p.nsf/w/LandDevMangYishunSt51B?OpenDocument (Yishun Street 51, Parcel B)

 http://www.ura.gov.sg/uol/land-sales-repository/sites/margaret-dr-ma.aspx (Margaret Drive)

4For the two Executive Condominium sites at Yishun Street 51, the closing date for the tender is 22 May 2014. Developer's packets containing tender details and conditions of these two sites are available at HDB’s Procurement Office (HDB Hub Basement 1).

- wong chee tat :)

HDB launches 3,497 new flats

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.

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).

Table 1: March 2014 BTO Prices

Project	Flat Type	Selling Price  (Excluding Grants@)	Selling Price (Inclusive of Grants^)
Non-Mature Towns/Estates
EastLace @ Canberra  (JPG 447KB) &EastCrown @ Canberra  (JPG 428KB)	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.

8More details on application procedures can be found in Annex B  (PDF 133KB).

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 :)

Government to release four residential sites estimated to yield 2,350 housing units in November 2013

Government to release four residential sites estimated to yield 2,350 housing units in November 2013

Date issued : 18 Nov 2013

To provide developers and home-buyers with more choices for private housing, the Housing & Development Board (HDB) and the Urban Redevelopment Authority (URA) will be releasing four residential sites for sale in November 2013 under the Government Land Sales (GLS) Programme for the second half of 2013 (2H2013).

The residential site at Upper Paya Lebar Road and two Executive Condominium sites at Canberra Drive and Anchorvale Crescent are launched for sale today under the Confirmed List. The Executive Condominium site at Choa Chu Kang Drive is made available for application today on the Reserve List.

Together, these four sites can yield about 2,350 residential units.

More details on the land parcels can be found in Annex 1 (PDF 50KB). Location plans are attached in Annex 2 (PDF 508KB).

Other Details

The closing dates for the tender for the land parcels are as follows:


Upper Paya Lebar Road    : 14 January 2014
Canberra Drive     : 28 January 2014
Anchorvale Crescent    : 13 February 2014




- wong chee tat :)