Wednesday, January 25, 2006

HDB Launches Jan 2006 Walk-in Selection Exercise in Sembawang, Woodlands and Yishun Towns

HDB is launching 406 units of 4-room and bigger flats for sale under the latest Walk-in-Selection (WIS) exercise today. These flats are located in Sembawang (186 units), Woodlands (147 units) and Yishun (73 units). The overall flat supply comprises 179 units of 4-room, 24 units of 5-room and 203 units of Executive flats.


Booking Procedure

2         The Jan 2006 WIS exercise is conducted at the HDB Hub Sales Office in Toa Payoh. HDB starts issuing queue numbers on a first-come-first-served basis from today. Applicants will be given specific time slots during office hours to book a flat, from 20 Jan 2006 (Friday).

3         The list of flats offered for sale and the sales brochures are available for collection at the HDB Hub from today onwards during office hours. Interested flat buyers can also log on to HDB InfoWEB, e-Sales at www.hdb.gov.sg for more details of the WIS exercise. Information can also be found in HDB's advertisement in today's Straits Times, Lianhe Zaobao, Berita Harian and Tamil Murasu. A notification will be sent to all applicants who have subscribed to our e-mailing list.


Show Flats / Sample Units

4         To provide applicants with a better idea of the flats on offer, three show flats in Sembawang as well as six unfurnished sample units in Sembawang, Woodlands and Yishun are open for viewing. The show flats and sample units are available for sale in this exercise. More information on the show flats and sample units are in Appendix 1.


Temporary Withdrawal Of Walk-in-Selection Flats launched in Apr 2005

5         The Walk-in-Selection (WIS) of flats in Jurong West and Jurong East was launched in Apr 2005. From 1 Feb 2006 (Wednesday), HDB will temporarily suspend the sale of flats in these towns under the WIS to take stock of the balance flats as well as to include some flats that become available for sale before the subsequent launch planned for the second quarter of 2006.

6         Homebuyers who are interested in buying a flat in these 2 towns have up to 28 Jan 2006 (Saturday) to visit our Sales Office at the HDB Hub, Toa Payoh, during office hours and book a unit on-the-spot.

7         Homebuyers who are interested in flats in other non-mature towns such as Hougang, Punggol, Sengkang, and established towns like Bukit Merah and Geylang can continue to book a unit at HDB Hub during office hours.


Enquiries

8         For enquiries, the public can :
  • e-mail hdbsales@hdb.gov.sg;
  • call the toll-free Sales/Resale Customer Service line at 1800-8663066 on weekdays from 8 a.m to 5 p.m;
  • visit the Sales Office at HDB Hub at Toa Payoh during office hours.



Appendix 1

Furnished Show Flats & Unfurnished Sample Units


Locations

Sembawang N3 C17
Executive Premium Apartment
Blk 339B Sembawang Close
#14-09 (Show Flat)
#14-07 (Sample Unit)
Blk 360B Admiralty Drive
#04-50 (Show Flat)
#04-58 (Sample Unit)

Sembawang N5 C6
Executive Standard Apartment
Blk 501D Wellington Circle
#02-84 (Show Flat)
#02-82 (Sample Unit)

Woodlands N1 C14
4-room Standard Apartment
Blk 156 Woodlands Street 13
#01-687 (Sample Unit)

Yishun N1 C1A
4-Room Standard Apartment
Blk 103 Yishun Ring Road
#03-77 (Sample Unit)

Yishun N7 C1
4-Room Standard Apartment
Blk 702 Yishun Avenue 5
#02-282 (Sample Unit)

Opening Dates & Hours
From 17th to 27th January and from 1st to 5th February 2006, show flats & sample units.
(Closed from 28th to 31st January 2006)		 Daily from 10am to 6pm
From 11 Feb 06 to 16 Apr 06, show flats only Saturdays & Sundays from 10am to 6pm

// posted by Shajahan @ 1:09 PM

Wednesday, January 04, 2006

Singapore's Q4 private home prices up 1.3%


SINGAPORE : In more evidence of a pick-up in Singapore's property market, fourth quarter private home prices climbed 1.3 percent from the previous three months, their largest gains in more than five years.

This is according to latest estimates from the Urban Redevelopment Authority.

Private home prices in the fourth quarter rose 1.3 percent from the previous three months, bringing total gains for the whole year to 3.8 percent.

Meanwhile, HDB resale prices inched up 0.2 percent in the fourth quarter, up from the previous three months.

Analysts say they expect demand for 3- and 4-bedroom HDB flats to remain strong.

For 2005, market-watchers say demand by foreign investors for luxury condos has driven much of the market action.

But for this year, they expect mid- to lower-end projects, or homes ranging between S$450 to S$550 per square feet, to see more activity.

Said Joseph Tan, residential director at CB Richard Ellis, "The reason why the broad-based market has not really kept in pace with the high-end sector is the lack of suitable or well-located upgrader-type projects. But going forward this year there is a possibility of prices for the mid-market to move up."

Analysts expect demand for private new homes to reach 8,500 for all of 2005, jumping by nearly half from last year.

Unsold units are now estimated at some 11,000.

That suggests increased prices for the year, because demand can be satisfied in about one year's time.

Said Donald Han, managing director at Cushman & Wakefield, "The inventory stock has also been reduced from 18,000, 19,000 to 11,000. So in that sense, we're coming to an equilibrium point in terms of the demand and supply. As a result, I think developers can now use the equilibrium to be able to dictate price. And we'll probably see a higher price increase for 2006 and we might be looking nearer to the double-digit gain."

Analysts say transacted prices for development sites have already seen an increase of as much as 20 percent from 2004. - CNA /ct


// posted by Shajahan @ 10:44 AM