HDB to build 2,000 flats next to Pasir Ris Park as part of town’s renewal plans

SINGAPORE: About 2,000 more public housing flats and a new mixed-used development that’s integrated with the bus interchange will be built in Pasir Ris in the next few years, announced the Housing and Development Board (HDB) on Saturday (29 Apr).

The new flats, which will be launched in three to five years, will be located next to Pasir Ris Park, and near elevated cycling and pedestrian paths that are being planned to provide direct connection from the town centre to the park, said HDB.

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HDB resale flat prices declined 0.5% in Q1

SINGAPORE: Resale prices of Housing and Development Board (HDB) flats declined by 0.5 per cent in the first quarter of this year compared to the previous quarter.

The resale price index – which provides information on the general price movements in the resale public housing market – slid from 134.6 in the fourth quarter of last year to 133.9 in the first quarter of 2017, according to HDB statistics released on Friday (Apr 28).

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Private home prices down for 14th straight quarter in Q1

SINGAPORE: Private home prices in Singapore fell for the 14th straight quarter in the first three months of this year, according to data released by the Urban Redevelopment Authority (URA) on Friday (Apr 28).

Prices fell by 0.4 per cent quarter-on-quarter for the January to March period, compared with the 0.5 per cent decline in the previous quarter.

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Coming Sembawang Hot Spring redevelopment draws mixed response

SINGAPORE: For Aster Lee, going to the Sembawang Hot Spring was relief of more than one kind.

Ms Lee made her first visit to the hot spring along Gambas Avenue in April together with a group of brisk walkers. It was a place that she had been keen to visit for quite a while, she said. The 62-year-old retiree said she had also been having knee aches since spraining it last December, but felt some of the pain ease after soaking her legs in the hot water.

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Two new public housing projects to be built in Toa Payoh

SINGAPORE: Two new public housing projects will be built at Caldecott and Toa Payoh East in the next five to 10 years, announced the Housing and Development Board (HDB) on Saturday (Apr 22).

The two projects could yield a few thousand units, said HDB. The Caldecott housing estate, which will be about 10 hectares, will be located next to Caldecott MRT station – along the Circle Line and the future Thomson-East Coast Line – and close to the Toa Payoh West Market and Food Centre.

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What Happens To Your Money After You Sell Your Flat In Singapore

Know exactly where your money will be going. (via dollarsandsense.sg)

By Dinesh Dayani (via dollarsandsense.sg)

Everyone in Singapore should fully understand what really happens to our money once we have sold our HDB flat, private condominium or landed property in Singapore. This is so we can prudently use the money we have for financial planning purposes – investing, buying another property, even starting a business or promising to pay for your children’s education.

Often, people receive less in cash than they had expected for various reasons. If they commit to using the bulk of that money for other purchases or investments, they may be in for a rude shock after seeing the cash balance in their bank accounts.

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Woodlands to have six ‘star attractions’ under HDB renewal plan

SINGAPORE: New mega-housing projects, linkways for pedestrians and cyclists, and a larger recreational area at Marsiling – these are some of the plans residents of Woodlands can look forward to.

As part of the third batch of estates under the Housing and Development Board’s (HDB) Remaking Our Heartlands (ROH) programme, the Woodlands estate will be spruced up over the next five to ten years.

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