I can’t help but notice that Singapore’s resale HDB prices have been performing inversely to the stock market (for the last few weeks at least). It was just earlier in May that a 5-room flat at City Vue @ Henderson broke the record for the most expensive HDB ever transacted – at…
There's no question about it – the May 2022 BTO launch is going to be hotly contested. There will be 4,583 Build To Order (BTO) flats across five estates that will be launched – with the main draw the two projects under the Prime Location Public Housing (PLH) model in Bukit Merah and Queenstown. To round up, the other projects.
With the fresh new record of a $1.4 million HDB flat being sold at Henderson, it has yet again sparked conversations about whether HDB prices are getting increasingly unaffordable. Which brings to mind a statement from the Ministry of National Development (MND) in November 2021 that "HDB new and resale flats continue to remain affordable, as incomes have generally kept.
SINGAPORE, May 28 The launch of new public housing projects under the Prime Location Housing Model (PLH) in Bukit Merah and Queenstown is unlikely to have a direct,.
National Development Minister Desmond Lee had just announced in a Facebook post that two Prime Location Public Housing (PLH) projects will be launched in the upcoming May 2022 BTO exercise. PLH projects were first announced in October 2021 for BTO projects located in prime locations. These flats come with several restrictions, such as a 10-year MOP and a subsidy clawback..