HDB News

National Day Rally – HDB Income Ceiling Raised

August 14, 2011

Prime Minister Mr. Lee Hsien Loong announced during the National Day Rally that the income ceiling, which was untouched for 17 years to be raised from the maximum $8,000 to $10,000 and for ECs from $10,000 to $12,000. From Channel News Asia, SINGAPORE: The government will raise the qualifying income ceilings of households for HDB’s [...]

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Eunosville HUDB Estate Privatised

June 1, 2011

View Larger Map Press release from HDB with regards to the privatisation of Eunosville, The Eunosville HUDC Estate has been converted into a strata-titled property under the Land Titles (Strata) Act, with effect from 1 June 2011. The Marine Parade Town Council will therefore cease its responsibility in the management and maintenance of the common [...]

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HDB Introduces New Resale Checklists For Both Buyers and Sellers

May 20, 2011

I thought it’ll be good if HDB actually announces this as part of their press release. On the 18th of May, HDB has revised the checklist for both buyers and sellers. For practicing agents, please use these forms with immediate effect. Resale Checklist for Buyers Resale Checklist for Housing Agent Engaged by Buyers For the [...]

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HDB Minimum Occupation Period Revised to Five Years

August 30, 2010

With the latest measures in-lieu of the Government’s way to deal with cooling down the property market, more new flats has been introduced into the supply pipeline which gives more choices to first-time home buyers. The reason given for the Minimum Occupation Period (MOP) revision is to dampen HDB buying speculations. The measures as follow:- [...]

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HDB Issues Reminder to Register Room Sublets

July 15, 2010

HDB has issued a reminder today to room rental Landlords to register their sublets with the them. The deadline is 31st of July 2010. Date issued : 15 Jul 2010 Flat owners who sublet their rooms are required to register with HDB. HDB would like to remind flat owners with ongoing subletting tenancies commencing before [...]

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HDB extends Second Concessionary Loan

March 7, 2010

HDB is also extending its hands for people with its second concessionary loan by allowing buyers who is downgrading, upgrading or buying flat of the same type to borrow. Previously, only buyers who are upgrading their flats are allowed to borrow the second time directly from HDB. This might have unintentionally caused families who are [...]

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HDB New Minimum Occupancy Period

March 6, 2010

The Government has released a series of anti-speculation measures to keep up with the private sales measure as to curb the rising cash-over-valuation (COV) syndrome that is making homes more unaffordable in the resale market. Read the official release from HDB here Raising the Minimum Occupancy Period (MOP) for the resale of non-subsidised HDB flats [...]

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HDB Annual Value Raised

November 19, 2009

IRAS will raise the annual value of HDB flats with effect from 1st January 2010. AV increase for HDB flats IRAS reviews the AVs of all properties, including HDB flats, annually to ensure that they reflect prevailing market rental values for the purpose of determining property tax. The last AV revision for HDB flats was [...]

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