My First Skool to offer 2,000 more childcare places this year
NTUC's My First Skool also aims to grow its enrolment to 20,000 by 2020 - up from the current 13,000 places.
By Loke Kok Fai
Posted 15 Mar 2016 23:20 Updated 16 Mar 2016 15:09
SINGAPORE: Young, dual-income families can look forward to over 2,000 more childcare places in 2016, with the National Trade Union Congress' (NTUC) My First Skool opening childcare facilities in Jurong West, Punggol and Sengkang.
Each of the four centres opening this year can take in between 200 and 500 children.
My First Skool aims to grow its enrolment to 20,000 by 2020 - up from the current 13,000 places. This was announced at the opening of its newest childcare centre at Punggol Waterway Point on Tuesday (Mar 15).
NTUC's Secretary-General Chan Chun Sing, who was at the launch, said larger childcare centres give teachers the chance to pilot and try new ways of doing things. For instance, they can try out different teaching and learning pedagogies to bring out the best in every child.
"It's not just about the numbers - we're talking about people who are committed to the preschool sector and have the interests of the children at heart," he said. "But as you can see in this larger centre, it actually allows us to have economies of scale. It also makes it more attractive for the teachers to come because they're working as part of a larger team. So actually it gives us a lot of advantages to try new concepts."
- CNA/ly
- wong chee tat :)
Showing posts with label Jurong. Show all posts
Showing posts with label Jurong. Show all posts
Wednesday, March 16, 2016
Wednesday, January 20, 2016
Sunday, December 7, 2014
Joint Press Release by URA & HDB - Government to release three sites with about 1,500 housing units in December 2014
Joint Press Release by URA & HDB - Government to release three sites with about 1,500 housing units in December 2014
URA Land SalesCustomer Service Centre
1st Storey, The URA Centre
45 Maxwell Road
Singapore 069118
1 As announced under the first half 2015 Government Land Sales (GLS) Programme on 4 December 2014
- wong chee tat :)
Date issued : 05 Dec 2014
To provide home buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB), as the Government’s land sales agents, will be releasing three sites that can yield about 1,500 units for sale in December 2014 under the 2nd half 2014 (2H2014) Government Land Sales (GLS) Programme.
URA released a residential site at Jurong West Street 41 (Parcel B) for sale today, while HDB will launch an Executive Condominium site at Woodlands Avenue 12 for sale on 16 December 2014. Both sites are under the Confirmed List. URA also made available a commercial & residential site at Holland Road for sale on the Reserve List1 today. Please refer to Annex 1 
(PDF 11KB) for details on the land parcels andAnnex 2 (PDF 448KB) for the location plans.
(PDF 11KB) for details on the land parcels andAnnex 2 (PDF 448KB) for the location plans.
Commercial & Residential site at Holland Road
- First sale site under Holland Village Extension plans
Holland Village is one of Singapore’s most distinctive lifestyle destinations. Set amidst winding narrow lanes and low-rise shophouses, it has an urban village feel distinguished by its laid-back daytime allure contrasted with a vibrant dining scene at night. Residents and visitors mingle amidst the wide-ranging and eclectic mix of shops and restaurants in the area that contribute to Holland Village’s unique identity. Public transport access to the area has also improved with the opening of the Holland Village MRT station on the Circle Line.
Plans for the Holland Village Extension were first announced during the Master Plan 2014. URA is now offering a land parcel at Holland Road for sale to extend this Identity Node with a new, mixed-use, pedestrian-oriented development that would add to the vibrancy of Holland Village as a great place to live, work and play. This mixed-use development will offer more retail and dining options to enhance the area’s buzz and provide more residences for people who wish to live in the heart of Holland Village.
 |
The quality of the public realm is also central to the new extension of Holland Village. A network of pedestrianised streets and public spaces will connect seamlessly with the surrounding lorongs and the housing estate beyond. The new development will build on and reinforce the continued success of Holland Village while creating new community spaces for people to gather and interact.
 |
 |
Concept and Price Revenue tender system
As the design of the new development is critical to ensuring good integration with the existing context and setting Holland Village apart as a distinctive and endearing Identity Node, a Concept and Price Revenue tender system will be adopted to evaluate the tenders received for the commercial & residential site at Holland Road.
Under this system, tenderers are required to submit their concept proposals and tender prices in two separate envelopes. The concept proposals will be first evaluated against a set of criteria specified in the tender. Only tenders that meet the criteria will be considered for award. Refer to Annex 3 (PDF 163KB) for the evaluation criteria.
(PDF 163KB) for the evaluation criteria.
At the second stage, the price envelopes of the proposals with acceptable concepts will be opened for consideration. The site will then be awarded to the tenderer with the highest bid price among those with acceptable concept proposals.
Residential site at Jurong West Street 41 (Parcel B) and the Executive Condominium (EC) site at Woodlands Avenue 12
The two sites at Jurong West Street 41 (Parcel B) and Woodlands Avenue 12 (EC) are located within established residential estates. The tender closing dates for the land parcels at Woodlands Avenue 12 (EC) and Jurong West Street 41 (Parcel B) are as follows:
| Woodlands Avenue 12 (EC) | 12 February 2015 |
| Jurong West Street 41(Parcel B) | 10 March 2015 |
More details on the land parcels are available on the respective URA and HDB websites:
Holland Road
Jurong West Street 41 (Parcel B)
Developer's packets containing details and conditions of tender of the land parcels at Jurong West Street 41 (Parcel B) and Woodlands Avenue 12 (EC) are available at:
URA Land SalesCustomer Service Centre
1st Storey, The URA Centre
45 Maxwell Road
Singapore 069118
HDB Land SalesHDB’s Procurement Office
Basement 1, HDB Hub
480 Lorong 6 Toa Payoh
Singapore 310480
Basement 1, HDB Hub
480 Lorong 6 Toa Payoh
Singapore 310480
1 As announced under the first half 2015 Government Land Sales (GLS) Programme on 4 December 2014
- wong chee tat :)
Monday, November 10, 2014
95% of Jurong EC snapped up on first day of sales
95% of Jurong EC snapped up on first day of sales
Lake Life is the first executive condominium project in Jurong in 17 years. Out of the 546 units, 521 have been sold.
SINGAPORE: The first executive condominium (EC) project in Jurong in 17 years opened for booking on Saturday (Nov 8), and it has already sold 95 per cent of its units - 521 units. This makes Lake Life EC the project that sold the most number of units on the first day of sales since June last year.
Sales of the project crossed the 50 per cent mark by noon. By 4pm, 446 units were snapped up.
Its developer said the "overwhelming response" is likely due to the project's location - at Jurong Lake District, and recent announcements by the government to further develop the Jurong area.
Two buyers Channel NewsAsia spoke with are HDB dwellers living in the vicinity. They said in addition to location, price was also a key consideration.
Prices of the 546-unit development average S$857 psf, lower than the earlier indicative prices of S$880 to S$890 psf, with a two-bedroom unit going for S$685,000 on average.
"In terms of the price per square foot, I think this was quite attractive compared to the private developments - I think about 25 to 30 per cent less compared to the other private developments that we saw,” said buyer Nilesh Jadha, who currently owns a five-room HDB flat.
"We love Jurong, we have been staying here for many years and this is the first EC project after 17 years,” said another buyer, Bryan Loh. “We also looked around at other private properties but they are overpriced. I think this EC is the right price for us to buy and stay."
The next EC in Jurong will be launched after the first quarter of next year. It is located at Westwood Avenue, near Nanyang Technological University.
- CNA/xq
- wong chee tat :)
Lake Life is the first executive condominium project in Jurong in 17 years. Out of the 546 units, 521 have been sold.
SINGAPORE: The first executive condominium (EC) project in Jurong in 17 years opened for booking on Saturday (Nov 8), and it has already sold 95 per cent of its units - 521 units. This makes Lake Life EC the project that sold the most number of units on the first day of sales since June last year.
Sales of the project crossed the 50 per cent mark by noon. By 4pm, 446 units were snapped up.
Its developer said the "overwhelming response" is likely due to the project's location - at Jurong Lake District, and recent announcements by the government to further develop the Jurong area.
Two buyers Channel NewsAsia spoke with are HDB dwellers living in the vicinity. They said in addition to location, price was also a key consideration.
Prices of the 546-unit development average S$857 psf, lower than the earlier indicative prices of S$880 to S$890 psf, with a two-bedroom unit going for S$685,000 on average.
"In terms of the price per square foot, I think this was quite attractive compared to the private developments - I think about 25 to 30 per cent less compared to the other private developments that we saw,” said buyer Nilesh Jadha, who currently owns a five-room HDB flat.
"We love Jurong, we have been staying here for many years and this is the first EC project after 17 years,” said another buyer, Bryan Loh. “We also looked around at other private properties but they are overpriced. I think this EC is the right price for us to buy and stay."
The next EC in Jurong will be launched after the first quarter of next year. It is located at Westwood Avenue, near Nanyang Technological University.
- CNA/xq
- wong chee tat :)
Wednesday, November 5, 2014
Lake Life EC priced below indication despite strong interest
Lake Life EC priced below indication despite strong interest
TODAY reports: The executive condominium has been priced at an average of S$857 per square foot (psf), below the indicative pricing of S$880psf to S$890psf.
SINGAPORE: Lake Life, the first executive condominium (EC) offering in Jurong in 17 years, has been priced at an average of S$857 per square foot (psf) for the 546-unit project, well below the indicative pricing as its developers seek to secure demand amid stricter financing rules.
The consortium of developers led by Evia Real Estate had earlier said units at Lake Life EC could be priced at S$880psf to S$890psf amid strong interest in the project. However, after analysing the profiles of its 1,853 e-applicants – a record high for an EC development – it found that the purchasing ability of the potential buyers was lower than expected.
“Most developers would target at least a 10 per cent margin, but then today we have the MSR (Mortgage Servicing Ratio), and looking at the buyers’ income levels and ability to borrow, I’m very reluctant to cross S$1.1 million for most units,” Evia’s managing partner Vincent Ong said on Thursday (Oct 30).
“There’s also the risk that there’s still a lot of stock in the market – for private units, BTO (Build-to-Order) flats and ECs. I could have taken the position to price higher after receiving a record number of applications, but after our calculations, we have to price with buyers’ affordability in mind,” he added.
Mr Ong said the price level translates to a margin of about 6 per cent. The consortium paid S$272.84 million in July last year for the 217,298sqft site at Yuan Ching Road/Tao Ching Road that Lake Life sits on. At about S$418 psf per plot ratio, it is the most expensive EC land to date.
Several months after the record bid, the government announced in December last year that EC purchases would be subject to the 30 per cent MSR cap, a rule that many property analysts said would hit demand for the hybrid public-private homes.
Lake Life’s show flats will open on Saturday and Mr Ong hopes to secure buyers for at least half of the units on offer this weekend.
“While Lake Life is on the higher end of the spectrum, its lower selling price as compared to that of a private condominium means buyers will stand to reap even more returns in the future when taking into account the anticipated appreciation in market value when the EC is fully privatised,” he said.
-TODAY/cy
- wong chee tat :)
TODAY reports: The executive condominium has been priced at an average of S$857 per square foot (psf), below the indicative pricing of S$880psf to S$890psf.
SINGAPORE: Lake Life, the first executive condominium (EC) offering in Jurong in 17 years, has been priced at an average of S$857 per square foot (psf) for the 546-unit project, well below the indicative pricing as its developers seek to secure demand amid stricter financing rules.
The consortium of developers led by Evia Real Estate had earlier said units at Lake Life EC could be priced at S$880psf to S$890psf amid strong interest in the project. However, after analysing the profiles of its 1,853 e-applicants – a record high for an EC development – it found that the purchasing ability of the potential buyers was lower than expected.
“Most developers would target at least a 10 per cent margin, but then today we have the MSR (Mortgage Servicing Ratio), and looking at the buyers’ income levels and ability to borrow, I’m very reluctant to cross S$1.1 million for most units,” Evia’s managing partner Vincent Ong said on Thursday (Oct 30).
“There’s also the risk that there’s still a lot of stock in the market – for private units, BTO (Build-to-Order) flats and ECs. I could have taken the position to price higher after receiving a record number of applications, but after our calculations, we have to price with buyers’ affordability in mind,” he added.
Mr Ong said the price level translates to a margin of about 6 per cent. The consortium paid S$272.84 million in July last year for the 217,298sqft site at Yuan Ching Road/Tao Ching Road that Lake Life sits on. At about S$418 psf per plot ratio, it is the most expensive EC land to date.
Several months after the record bid, the government announced in December last year that EC purchases would be subject to the 30 per cent MSR cap, a rule that many property analysts said would hit demand for the hybrid public-private homes.
Lake Life’s show flats will open on Saturday and Mr Ong hopes to secure buyers for at least half of the units on offer this weekend.
“While Lake Life is on the higher end of the spectrum, its lower selling price as compared to that of a private condominium means buyers will stand to reap even more returns in the future when taking into account the anticipated appreciation in market value when the EC is fully privatised,” he said.
-TODAY/cy
- wong chee tat :)
Thursday, May 15, 2014
Developers sold 745 private homes last month, up from 480 homes in March
New private home sales rebound in April
Developers sold 745 private homes last month, up from 480 homes in March
BY LEE YEN NEE
PUBLISHED: MAY 15, 1:10 PMUPDATED: MAY 15, 4:02 PM
SINGAPORE — Sales of new private homes rebounded last month despite fewer launches in the market, helped by strong interests for Jurong Lake District’s latest offering Lakeville and Bishan’s Sky Habitat.
Developers offloaded 745 units in April, up from the 480 homes sold in the previous month, despite launching only 586 condominiums, down from March’s 724 units, latest data by the Urban Redevelopment Authority showed today (May 15).
Lakeville by MCL Land was the best-selling development for the month, with 210 of the 230 homes that were launched sold. CapitaLand’s Sky Habitat also did well, moving 130 units last month after its re-launch to bring down prices, bringing its total units sold to 312 homes.
Sentiment in the private residential market has been cautious due to the repeated rounds of cooling measures and loan restrictions. Despite the rebound in April, sales volume is still tepid compared to early last year before the measures were introduced.
- wong chee tat :)
Developers sold 745 private homes last month, up from 480 homes in March
BY LEE YEN NEE
PUBLISHED: MAY 15, 1:10 PMUPDATED: MAY 15, 4:02 PM
SINGAPORE — Sales of new private homes rebounded last month despite fewer launches in the market, helped by strong interests for Jurong Lake District’s latest offering Lakeville and Bishan’s Sky Habitat.
Developers offloaded 745 units in April, up from the 480 homes sold in the previous month, despite launching only 586 condominiums, down from March’s 724 units, latest data by the Urban Redevelopment Authority showed today (May 15).
Lakeville by MCL Land was the best-selling development for the month, with 210 of the 230 homes that were launched sold. CapitaLand’s Sky Habitat also did well, moving 130 units last month after its re-launch to bring down prices, bringing its total units sold to 312 homes.
Sentiment in the private residential market has been cautious due to the repeated rounds of cooling measures and loan restrictions. Despite the rebound in April, sales volume is still tepid compared to early last year before the measures were introduced.
- wong chee tat :)
Tuesday, February 4, 2014
M1 apologises and offers free calls
M1 apologises and offers free calls
POSTED: 04 Feb 2014 19:55
M1's CEO issues apology over service disruption on Tuesday and offers one day of free local mobile calls, local SMS and MMS "as a goodwill gesture”.
SINGAPORE: Telco M1 says a call processing software issue was the reason for the disruption to mobile services early Tuesday.
In a statement released on Tuesday evening, its Chief Executive Officer, Ms Karen Kooi, apologised and offered M1 customers one day of free local mobile calls, local SMS and MMS on Sunday "as a goodwill gesture”.
M1 customers were hit with a disruption in service from around 7am on Tuesday with many unable to make calls and also problems in receiving emails or data in various areas around Singapore, including Jurong, Choa Chu Kang and Raffles Place.
M1 said in its statement "our preliminary investigations suggest that a call processing software issue had unexpectedly prevented our customers’ devices from registering on the mobile network.
"A full investigation will be performed to determine the root cause of the incident."
The telco also said that the company immediately focused its efforts to restore services but the complexity of the network required it to troubleshoot the numerous interlinked network entities and full service was restored at 12:15pm.
“We are sorry for the inconvenience caused to our customers" said CEO Karen Kooi.
"We take this incident very seriously, and in addition to our own investigation, we will be appointing an independent expert to conduct a network architecture and connectivity review”.
- CNA/sf
- wong chee tat :)
POSTED: 04 Feb 2014 19:55
M1's CEO issues apology over service disruption on Tuesday and offers one day of free local mobile calls, local SMS and MMS "as a goodwill gesture”.
SINGAPORE: Telco M1 says a call processing software issue was the reason for the disruption to mobile services early Tuesday.
In a statement released on Tuesday evening, its Chief Executive Officer, Ms Karen Kooi, apologised and offered M1 customers one day of free local mobile calls, local SMS and MMS on Sunday "as a goodwill gesture”.
M1 customers were hit with a disruption in service from around 7am on Tuesday with many unable to make calls and also problems in receiving emails or data in various areas around Singapore, including Jurong, Choa Chu Kang and Raffles Place.
M1 said in its statement "our preliminary investigations suggest that a call processing software issue had unexpectedly prevented our customers’ devices from registering on the mobile network.
"A full investigation will be performed to determine the root cause of the incident."
The telco also said that the company immediately focused its efforts to restore services but the complexity of the network required it to troubleshoot the numerous interlinked network entities and full service was restored at 12:15pm.
“We are sorry for the inconvenience caused to our customers" said CEO Karen Kooi.
"We take this incident very seriously, and in addition to our own investigation, we will be appointing an independent expert to conduct a network architecture and connectivity review”.
- CNA/sf
- wong chee tat :)
M1 mobile services restored after disruption
M1 mobile services restored after disruption
POSTED: 04 Feb 2014 13:29
UPDATED: 04 Feb 2014 20:04
M1 customers were hit with a disruption in service from around 7am on Tuesday. Callers to Channel NewsAsia said they could not receive nor make calls on their M1 mobile lines. This latest disruption, which was largely resolved by 12.45pm on Tuesday, follows recent issues involving M1.
SINGAPORE: M1 customers were hit with a disruption in service from around 7am on Tuesday.
Callers to Channel NewsAsia said they could not receive nor make calls on their M1 mobile lines.
Many also had problems receiving emails or data in various areas around Singapore, including Jurong, Choa Chu Kang and Raffles Place.
In a posting on its Facebook page at about 8.20am on Tuesday, M1 said some of its customers would have had difficulties sending text messages or making voice calls.
M1 said preliminary investigations suggest that a call processing software issue had unexpectedly prevented customers' devices from registering on the mobile network.
This latest disruption, which was largely resolved by 12.15pm on Tuesday, follows recent issues involving M1.
Less than two weeks ago, the Infocomm Development Authority of Singapore imposed a fine of S$25,000 on M1 for failing to meet some of its outdoor coverage requirements.
This was two months after a record S$1.5-million fine was slapped on the telco for a 71-hour service outage that occurred in January last year.
Chief Executive Officer for M1 Karen Kooi apologised for the inconvenience and said they will appoint an independent expert to review their systems.
In the meantime, Ms Kooi said M1 would offer customers free local mobile calls, local SMS and MMS on Sunday as a goodwill gesture.
- CNA/ac/xq
- wong chee tat :)
POSTED: 04 Feb 2014 13:29
UPDATED: 04 Feb 2014 20:04
M1 customers were hit with a disruption in service from around 7am on Tuesday. Callers to Channel NewsAsia said they could not receive nor make calls on their M1 mobile lines. This latest disruption, which was largely resolved by 12.45pm on Tuesday, follows recent issues involving M1.
SINGAPORE: M1 customers were hit with a disruption in service from around 7am on Tuesday.
Callers to Channel NewsAsia said they could not receive nor make calls on their M1 mobile lines.
Many also had problems receiving emails or data in various areas around Singapore, including Jurong, Choa Chu Kang and Raffles Place.
In a posting on its Facebook page at about 8.20am on Tuesday, M1 said some of its customers would have had difficulties sending text messages or making voice calls.
M1 said preliminary investigations suggest that a call processing software issue had unexpectedly prevented customers' devices from registering on the mobile network.
This latest disruption, which was largely resolved by 12.15pm on Tuesday, follows recent issues involving M1.
Less than two weeks ago, the Infocomm Development Authority of Singapore imposed a fine of S$25,000 on M1 for failing to meet some of its outdoor coverage requirements.
This was two months after a record S$1.5-million fine was slapped on the telco for a 71-hour service outage that occurred in January last year.
Chief Executive Officer for M1 Karen Kooi apologised for the inconvenience and said they will appoint an independent expert to review their systems.
In the meantime, Ms Kooi said M1 would offer customers free local mobile calls, local SMS and MMS on Sunday as a goodwill gesture.
- CNA/ac/xq
- wong chee tat :)
Monday, February 3, 2014
HDB Jan 2014 BTO
| Number of Applications Received as at 28 Jan 2014 |
This e-service allows you to find out the number of applications received |
Applicants | What it means: An Application Rate of 3 means that for every 1 flat available, there are 3 applicants vying for the unit. As a general guide (see Note 2 below), the table below gives an overview under the current flat allocation policies. Sum of the computed number of applications may not add up due to rounding.
(Mouse-over for details) | |||||||||||||||||||||||||||||||||
Bukit Batok Bukit Gombak Vista (Standard Contract) | ||||||||||||||||||||||||||||||||||
Jurong West Golden Lavender (Standard Contract) | ||||||||||||||||||||||||||||||||||
Punggol Punggol Vue (Standard Contract) | ||||||||||||||||||||||||||||||||||
Punggol Punggol BayView (Premium Contract) | ||||||||||||||||||||||||||||||||||
Woodlands Woodlands Glen (Standard Contract) | ||||||||||||||||||||||||||||||||||
Serangoon Golden Ginger (Standard Contract) | ||||||||||||||||||||||||||||||||||
| # Figure includes 52 units of 3Gen flats from Punggol BayView which are specially designed for Multi-Generation families. |
| Note : |
| 1. The Number of Applications Received is as at midnight on 28 Jan 2014. Allocation of flats is subject to prevailing eligibility conditions, availability of flats and Ethnic Integration Policy. |
| 2. Application Rates: |
| Non-mature Estates 2-room: First-timer application rate refers to the number of first-timer applications divided by 40% of the total flat supply, while second-timer / first-timer Singles application rates refer to the number of Second-timer / First-timer Singles applications received divided by 30% of the total flat supply. 3-room: First-timer application rate refers to the number of first-timer applications divided by 70% of the total flat supply, while second-timer application rate refers to the number of second-timer applications received divided by 30% of the total flat supply. 4-/ 5-room: First-timer application rate refers to the number of first-timer applications divided by 85% of the total flat supply, while second-timer application rate refers to the number of second-timer applications divided by 15% of the total flat supply. |
Mature Estates 2- to 5-room: First-timer application rate refers to the number of first-timer applications divided by 95% of the total flat supply, while second-timer application rate refers to the number of second-timer applications divided by 5% of the total flat supply. (However, for both non-mature and mature estates, some flats are also set aside for quota-based priority schemes, where HDB does not differentiate between first-timers and second-timers. If there are fewer first-timers than the number of flats set aside for them, the excess flats will be allocated to second-timers.) |
| 3. The associated breakdown by first-timers and second-timers for studio apartments is not shown, as HDB does not differentiate its treatment of studio apartment applicants. |
- wong chee tat :)
Thursday, January 23, 2014
HDB’s First BTO Launch for 2014
HDB launched six Build-To-Order (BTO) projects today, offering 3,139 new flats in four non-mature towns (Bukit Batok, Jurong West, Punggol and Woodlands) and one mature town (Serangoon). This is the first tranche of the 24,300 BTO flats that HDB has planned for 2014. For the rest of the year, there will be a good mix of BTO flat types across various towns, i.e. Bukit Batok, Hougang, Jurong West, Kallang Whampoa, Punggol, Sembawang, Sengkang, Tampines, Toa Payoh, Woodlands and Yishun.
2Starting with this launch, HDB will also introduce a standard suite of eco-features in all new public housing developments, which will help to manage water, energy and waste more efficiently. These include eco-pedestals in bathrooms which recycle water for toilet flushing, LED lighting with motion sensor controls and regenerative lifts that help to lower energy consumption, as well as Centralised Chutes for Recyclables (CCR) to promote recycling. More covered bicycle parking lots and bicycle wheel ramps will also be added to new projects to encourage residents to adopt a more environmentally-friendly mode of transport. This is part of HDB’s continuing effort to build environmentally sustainable homes for our residents.
Jan 2014 BTO Launch
3The 3,139 new flats launched comprise Studio Apartments (SAs), 2-room to 5-room flats, as well as 3Gen flats, to meet the diverse housing needs of first-timers, second-timers, multi-generation families, elderly and singles.
4First-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 in non-mature towns/estates set aside for them. Eligible first-timer singles have the option of applying for a 2-room flat inPunggol Vue 
(JPG 495KB) or Woodlands Glen (JPG 499KB).
(JPG 495KB) or Woodlands Glen (JPG 499KB).
5Married/courting couples who wish to apply for a 3Gen flat together with their parent(s) can apply for one in Punggol BayView. Other multi-generation families wishing to live in the same BTO project can apply under the Multi-Generation Priority Scheme (MGPS)1 and there will be flats set aside in Bukit Gombak Vista (JPG 445KB), Punggol Vue, Punggol BayView (JPG 310KB), and Woodlands Glen for this purpose. In addition, 50% of the SA supply in Bukit Gombak Vista, Golden Ginger (JPG 422KB), and Golden Lavender (JPG 592KB) will be reserved for elderly applicants under the Studio Apartment Priority Scheme (SAPS).
(JPG 445KB), Punggol Vue, Punggol BayView (JPG 310KB), and Woodlands Glen for this purpose. In addition, 50% of the SA supply in Bukit Gombak Vista, Golden Ginger (JPG 422KB), and Golden Lavender (JPG 592KB) will be reserved for elderly applicants under the Studio Apartment Priority Scheme (SAPS).
6Eligible first-timer households can enjoy up to $60,000 of housing grants, comprising the Additional CPF Housing Grant (up to $40,000) and Special CPF Housing Grant (up to $20,000). With these grants, 2-room, 3-room, 4-room and 5-room flats are priced from $13,000, $95,000, $199,000 and $383,000 respectively (Table 1). Further details can be found in Annex A (PDF 1072KB).
(PDF 1072KB).
1Under the MGPS, HDB will set aside up to 15% of the SAs, 2-room and 3-room flats in a BTO project (subject to a minimum of 20 units each) for parents applying under Multi-Generation Priority Scheme (MGPS). The same number of 2-room and bigger flats will be set aside in the same BTO project for their married children.
Table 1: Jan 2014 BTO Prices
Project
|
Flat Type #
|
Selling Price (Excluding Grants@)
|
Selling Price
(Including Grants^) |
Non-Mature Estates
| |||
Woodlands Glen
|
2-room*
|
From $73,000
|
From $13,000
|
3-room
|
From $145,000
|
From $95,000
| |
4-room
|
From $234,000
|
From $199,000
| |
Punggol Vue
|
2-room*
|
From $84,000
|
From $24,000
|
3-room
|
From $179,000
|
From $129,000
| |
Punggol BayView
|
3-room
|
From $184,000
|
From $134,000
|
4-room
|
From $293,000
|
From $258,000
| |
5-room
|
From $393,000
|
From $383,000
| |
3Gen
|
From $433,000
|
From $423,000
| |
Golden Lavender
|
Studio Apartment
|
From $83,000
|
-
|
Bukit Gombak Vista
|
Studio Apartment
|
From $87,000
|
-
|
3-room
|
From $221,000
|
From $171,000
| |
Mature Estate
| |||
Golden Ginger
|
Studio Apartment
|
From $87,000
|
-
|
Notes:1) * Come in two sizes of 35 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) # SAs are sold on a 30-year lease, beginning from the date of key collection. Prices are inclusive of the elderly-friendly fittings/finishes. 50% of the supply is set aside for the SA Priority Scheme under which eligible applicants can right-size to an SA in the same town as or within 2 km from their current flat/property, or apply for an SA to live near or with parents/married child.4) @ 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
7Applicants are strongly advised to apply for a BTO flat in non-mature towns/ estates to enjoy a higher chance of success in securing a flat.
8Regular updates on the number of applications submitted for the various flat types/towns/estates will be published on the HDB InfoWEB. Applicants are advised to check for updates before submitting their application.
Application for Jan 2014 BTO Exercise
9Application for the BTO flats can be submitted online from today, 22 Jan 2014 (Wednesday) to 28 Jan 2014 (Tuesday). Eligible applicants can apply for only one flat type in one town only.
11For enquiries, the public can:
- - Log on to esales.hdb.gov.sg; or
- E-mail hdbsales@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).
Next BTO Launch in March 2014
12In March 2014, HDB will offer about 3,500 new flats in Sembawang, Sengkang and Yishun. More information on the flats offered under the Mar 2014 BTO Exercise is available on the HDB InfoWEB.
- wong chee tat :)
Saturday, October 26, 2013
Release Of 3rd Quarter 2013 Public Housing Data
Date issued : 25 Oct 2013
This press release provides the housing data for the HDB resale and rental markets in 3rd Quarter 2013.
HDB Resale Market
2The Resale Price Index (RPI) fell by 0.9% from 206.6 in 2nd Quarter 2013 to 204.8 in 3rd Quarter 2013 (see Annex A) (PDF 23KB), registering the first decline since 1Q2009.
(PDF 23KB), registering the first decline since 1Q2009.
3Resale transactions decreased by 13% from 5,235 cases in 2nd Quarter 2013 to 4,529 cases in 3rd Quarter 2013 (see Annex B) (PDF 15KB)
. (PDF 15KB)
4The median resale prices and cash-over-valuation amounts in the various towns are tabulated in Annexes C (PDF 23KB) and D (PDF 23KB).
(PDF 23KB) and D (PDF 23KB).
HDB Rental Market
5The median subletting rents in the various towns in 3rd Quarter 2013 are tabulated in Annex E (PDF 23KB)
(PDF 23KB)
6Subletting transactions fell by 5% from 7,891 cases in 2nd Quarter 2013 to 7,505 cases in 3rd Quarter 2013 (see Annex F (PDF 14KB)). The total number of HDB flats approved for subletting rose 0.6% from 44,706 units in 2nd Quarter 2013 to 44,966 units in 3rd Quarter 2013.
(PDF 14KB)). The total number of HDB flats approved for subletting rose 0.6% from 44,706 units in 2nd Quarter 2013 to 44,966 units in 3rd Quarter 2013.
Upcoming Sales Launches
7To date, HDB has offered 20,161 Build-To-Order (BTO) flats and 4,455 balance flats under BTO and Sale of Balance Flats (SBF) exercises. HDB is on track to launch 25,000 BTO flats for the whole of 2013.
8In Nov 2013, HDB will offer about 4,950 BTO flats in Bukit Batok, Hougang, Jurong West, Sembawang and Woodlands. An additional 3,000 balance flats will be offered in a concurrent SBF exercise. More information on the BTO flats for offer in Nov 2013 is available on the HDB InfoWEB.
- wong chee tat :)
Monday, August 12, 2013
EC sites command higher bids
EC sites command higher bids
By Wong Siew Ying
POSTED: 12 Aug 2013 5:25 PM
Land prices of executive condominium (EC) sites grew at a faster pace compared with other private residential developments in the last three years.
SINGAPORE: Land prices of executive condominium (EC) sites grew at a faster pace compared with other private residential developments in the last three years.
SLP International Property Consultants says its research showed that land prices of 99-year leasehold mass-market condos rose 40 percent in the past three years.
That's lower than the 50 percent rise in land prices for EC sites sold by the government over the same period.
Recently, an EC plot at Yuan Ching Road in Jurong drew a record bid of S$272.8m due to its attractive location.
That works out to about S$419 per square foot per plot ratio.
Moving forward, analysts expect developers to be more careful with their bids as demand for new homes has slowed after the implementation of the Total Debt Servicing Ratio framework on 29 June.
Land bids for EC sites could also moderate, say analysts.
SLP International Property Consultants' executive director Nicholas Mak said: "For EC land prices, I don't expect them to trend upwards from its current level.
"S$400 per square foot per plot ratio for quite some time has been a ceiling for EC land prices. As long as the government doesn't increase the household income (ceiling) of potential buyers of ECs, it will in effect curb the purchasing power of buyers.
"So, developers will probably be more cautious and moderate in the bids for the five EC plots that are on the Government Land Sales programme for the second half of this year.
"They are in a more average kind of location and so the bids that they will attract will also probably be below S$400 per square foot."
- CNA/ir
- wong chee tat :)
By Wong Siew Ying
POSTED: 12 Aug 2013 5:25 PM
Land prices of executive condominium (EC) sites grew at a faster pace compared with other private residential developments in the last three years.
SINGAPORE: Land prices of executive condominium (EC) sites grew at a faster pace compared with other private residential developments in the last three years.
SLP International Property Consultants says its research showed that land prices of 99-year leasehold mass-market condos rose 40 percent in the past three years.
That's lower than the 50 percent rise in land prices for EC sites sold by the government over the same period.
Recently, an EC plot at Yuan Ching Road in Jurong drew a record bid of S$272.8m due to its attractive location.
That works out to about S$419 per square foot per plot ratio.
Moving forward, analysts expect developers to be more careful with their bids as demand for new homes has slowed after the implementation of the Total Debt Servicing Ratio framework on 29 June.
Land bids for EC sites could also moderate, say analysts.
SLP International Property Consultants' executive director Nicholas Mak said: "For EC land prices, I don't expect them to trend upwards from its current level.
"S$400 per square foot per plot ratio for quite some time has been a ceiling for EC land prices. As long as the government doesn't increase the household income (ceiling) of potential buyers of ECs, it will in effect curb the purchasing power of buyers.
"So, developers will probably be more cautious and moderate in the bids for the five EC plots that are on the Government Land Sales programme for the second half of this year.
"They are in a more average kind of location and so the bids that they will attract will also probably be below S$400 per square foot."
- CNA/ir
- wong chee tat :)
Thursday, August 8, 2013
Jurong's retail space almost doubles with opening of new mall JEM
Jurong's retail space almost doubles with opening of new mall JEM
By Yvonne Chan
POSTED: 05 Aug 2013 9:07 PM
The supply of retail mall space in Jurong has almost doubled from the second quarter of last year with the opening of the new shopping mall JEM in June this year.
SINGAPORE: The supply of retail mall space in Jurong has almost doubled from the second quarter of last year with the opening of the new shopping mall JEM in June this year.
The retail mall space jumped by 573,600 square feet in June, to nearly 1.2 million square feet.
Including the IMM Building and JCube, retail mall space in Jurong had amounted to 613,000 square feet in terms of net lettable area at the second quarter 2012.
And it is expected to increase by another 35 per cent by the end of this year, with the opening of Capitaland's new mall Westgate, which has a net lettable area of 416,000 square feet.
Analysts said asking rents for retail malls in Jurong is expected to remain relatively stable at around S$10 to S$15 per square foot.
Still, as the Jurong area becomes more saturated with shopping malls, experts said mall operators must tweak their tenant composition to stay ahead of the competition.
One such mall operator is the IMM Building, which was first opened to the public in 1991 and is one of the oldest malls in the Jurong district.
IMM is re-positioning itself from a mall that sells mostly furnishings, to one that also boasts the largest number of outlet stores in Singapore.
The mall has a home and furnishing section on Level 3 called “I'MM Home”, which houses more than 50 furniture and interior design stores that meet almost all home renovation needs.
CapitaMalls Asia, which acquired the mall in 2003, said “I'MM Home” will continue to be a key feature of IMM's offerings.
IMM's makeover comes hot on the heels of the latest addition to the Jurong Gateway area, JEM, which is developed by Lend Lease.
With the onslaught of new malls, competition for the consumer dollar will get tougher.
Alan Cheong, the senior director of research and consultancy at Savills, said: “What would sell are the traditional suburban malls, where the F&B component is about 30 per cent. And over time, that composition could also rise to 40-45 per cent.
“The core of this Jurong East district is where you see the interchange, where it is now JEM, Westgate will probably be one of the key anchor malls.
"They're positioned slightly differently. JEM is more mid-upper but Westgate is more on the mid to higher end.”
Under the Urban Redevelopment Authority's (URA's) masterplan, the Jurong Lake district, which comprises Jurong Gateway and Lakeside, will be transformed into a unique lakeside destination for business and leisure.
Jurong Gateway is also set to be Singapore's largest regional centre -- 2.5 times the size of Tampines Regional Centre.
Other than Westgate's debut before the end of the year, another retail mall, Big Box, with an area measuring 230,000 square feet, is also expected to open in 2014.
As the Jurong Lake district continues to mature, it is expected to attract more residential and commercial property developers over the next few years.
Experts said that means existing retail mall developers must revamp their tenant mix or move towards more mixed development projects.
Chua Yang Liang, the head of research at Jones Lang LaSalle, said: "In the past, the catchment income population was more working class at the time. Increasingly, you've seen a rise of mid- to high-income groups moving back to the Jurong area, so that is the population that is under-served.
"So for the other emerging groups, you have to start looking at where's their niche, which sector is under-provided. With a growing population there, one thing you can look towards is really specialised services -- towards the growing family with children, ageing population, childcare, daycare, nursery care, etc.”
With more malls and more stores, one thing is certain, the consumer is spoilt for choice.
- CNA/nd
- wong chee tat :)
By Yvonne Chan
POSTED: 05 Aug 2013 9:07 PM
The supply of retail mall space in Jurong has almost doubled from the second quarter of last year with the opening of the new shopping mall JEM in June this year.
SINGAPORE: The supply of retail mall space in Jurong has almost doubled from the second quarter of last year with the opening of the new shopping mall JEM in June this year.
The retail mall space jumped by 573,600 square feet in June, to nearly 1.2 million square feet.
Including the IMM Building and JCube, retail mall space in Jurong had amounted to 613,000 square feet in terms of net lettable area at the second quarter 2012.
And it is expected to increase by another 35 per cent by the end of this year, with the opening of Capitaland's new mall Westgate, which has a net lettable area of 416,000 square feet.
Analysts said asking rents for retail malls in Jurong is expected to remain relatively stable at around S$10 to S$15 per square foot.
Still, as the Jurong area becomes more saturated with shopping malls, experts said mall operators must tweak their tenant composition to stay ahead of the competition.
One such mall operator is the IMM Building, which was first opened to the public in 1991 and is one of the oldest malls in the Jurong district.
IMM is re-positioning itself from a mall that sells mostly furnishings, to one that also boasts the largest number of outlet stores in Singapore.
The mall has a home and furnishing section on Level 3 called “I'MM Home”, which houses more than 50 furniture and interior design stores that meet almost all home renovation needs.
CapitaMalls Asia, which acquired the mall in 2003, said “I'MM Home” will continue to be a key feature of IMM's offerings.
IMM's makeover comes hot on the heels of the latest addition to the Jurong Gateway area, JEM, which is developed by Lend Lease.
With the onslaught of new malls, competition for the consumer dollar will get tougher.
Alan Cheong, the senior director of research and consultancy at Savills, said: “What would sell are the traditional suburban malls, where the F&B component is about 30 per cent. And over time, that composition could also rise to 40-45 per cent.
“The core of this Jurong East district is where you see the interchange, where it is now JEM, Westgate will probably be one of the key anchor malls.
"They're positioned slightly differently. JEM is more mid-upper but Westgate is more on the mid to higher end.”
Under the Urban Redevelopment Authority's (URA's) masterplan, the Jurong Lake district, which comprises Jurong Gateway and Lakeside, will be transformed into a unique lakeside destination for business and leisure.
Jurong Gateway is also set to be Singapore's largest regional centre -- 2.5 times the size of Tampines Regional Centre.
Other than Westgate's debut before the end of the year, another retail mall, Big Box, with an area measuring 230,000 square feet, is also expected to open in 2014.
As the Jurong Lake district continues to mature, it is expected to attract more residential and commercial property developers over the next few years.
Experts said that means existing retail mall developers must revamp their tenant mix or move towards more mixed development projects.
Chua Yang Liang, the head of research at Jones Lang LaSalle, said: "In the past, the catchment income population was more working class at the time. Increasingly, you've seen a rise of mid- to high-income groups moving back to the Jurong area, so that is the population that is under-served.
"So for the other emerging groups, you have to start looking at where's their niche, which sector is under-provided. With a growing population there, one thing you can look towards is really specialised services -- towards the growing family with children, ageing population, childcare, daycare, nursery care, etc.”
With more malls and more stores, one thing is certain, the consumer is spoilt for choice.
- CNA/nd
- wong chee tat :)
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