From the category archives:

HDB News

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 not [...]

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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 from 1 [...]

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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 however done [...]

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