Singapore Property Heat Map
SINGAPORE: National Development Minister Khaw Boon Wan said the authorities are working to address the huge demand of two-room Build-to-Order (BTO) flats.
In a blog post on Monday, Mr Khaw said the Housing and Development Board (HDB) will put up for sale all its balance two-room flats in non-mature estates from previous BTO exercises later this month.
The release will add 1,100 flats to the September BTO launch of about 190 units, more than doubling the number launched in July.
SINGAPORE: The layout of the new 3Gen flat type is sensitive to the needs of two families living under one roof.
National Development Minister Khaw Boon Wan shared the layout of the new flat type on his blog on Saturday.
The Housing and Development Board (HDB) will offer the new flat type in its September Build-To-Order exercise.
The 3Gen flats will be introduced at Saraca Breeze @ Yishun, which is close to Khatib MRT station.
The 3Gen flat will come with four bedrooms – two are main bedrooms with attached bathrooms.
DUBAI — Dubai continues to hold the top position on Global Property Guide’s list of highest price rises recorded across 42 cities for the second consecutive quarter of 2013.
The organisation, which collates real estate data from across the world, said prices climbed by 17.99 per cent during the year to Q2 2013.
House prices had declined by 53 per cent from Q3 2008 to Q3 2011, due to the global financial and economic meltdown. However, Dubai started witnessing recovery from the second quarter of 2012, supported by the UAE’s robust economic growth.
CNA Market Insights with William Wiranto (Barclays Wealth), points out the impact of the recent Fed decision, SE Asia investment outlook in Indonesia, Philippines, Singapore, and Malaysia.