HDB resale market hits a new high

Prices of HDB resale flats have hit a new high in the second quarter of this year. According to the latest statistics released by the Housing Development Board (HDB), the resale price index in the second quarter this year rose 4.1 per cent over the previous quarter, compared to the increase of 2.8% in the first quarter [...]

32,000 flat owners sublet their flats as of end June

Some 32,000 flat owners have registered their subletting of rooms with HDB as of end June. HDB has also issued a reminder to those whose tenancies started before February, that their six months grace period for registration will end at the end of this month. Those who sublet from February 1 are required to register [...]

Residential units post higher rentals

Rates have followed the dizzying rise in private property prices but ‘will stabilise or even correct’ Rental rates for residential units have tracked the dizzying rise in private property prices, with rents for condominiums posting a significant increase of 5.8 per cent over the first five months of this year. Based on data from the [...]