The Housing Board will offer more than 5,500 balance flats for sale in February 2025 – the largest exercise for these flats to date, even as prices continue to rise in the resale market for an 18th consecutive quarter.
About four in 10 units in the Sale of Balance Flats (SBF) launch will be those that are already completed, with the remaining flats to be completed progressively from 2025 to 2028, HDB said on Oct 25.
Meanwhile, in the resale market, prices of HDB resale flats rose 2.7 per cent from July to September, which is a quicker pace than the 2.3 per cent growth in the previous quarter, according to data released by HDB.
A total of 8,142 HDB resale flats changed hands in the same period, up 10.7 per cent from 7,352 units in the previous quarter.
There were 331 million-dollar flat transactions in the third quarter of 2024, accounting for 4.1 per cent of total transactions.
This is higher than the previous quarter when there were 236 such transactions, which made up 3.2 per cent of resale purchases then.
This story is from the October 26, 2024 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 26, 2024 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Japan's True Blue Tradition
Call it an antidote to fast fashion. Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.
6 easy dishes to pack for lunch
Nutritionists and food content creators suggest these healthy and convenient recipes
Don't cross Culinary Class Wars star Anh Sung-jae of three-Michelin-starred Mosu
On an early episode of Netflix's hit reality cooking show Culinary Class Wars (2024), chef Anh Sung-jae stood in a warehouse filled with makeshift cooking stations and considered the plate in front of him: a rainbow palette of handmade pastas, purees and delicately cooked seafood. On top was a smattering of flower petals.
Emerald Hill to make Netflix debut
Emerald Hill looks set to be the must-watch local blockbuster series of 2025.
Refreshed museums in SG60 arts
A timely slate of refreshed spaces and new programmes at Singapore's arts and cultural institutions will be launched in 2025, wooing audiences with a different Singapore story as the nation gears up to mark 60 years of independence.
Going casual to woo fickle diners
Serious artwork on the wall. Bespoke crockery on cloth-covered tables. A fine wine list. Eye-watering menu prices. Just don't call it a fine-dining restaurant.
Smartwatches Make Healthcare Smarter
From tracking heart rate to steps taken to sleep quality, smartwatches and fitness trackers can generate biometric data about the people using them.
Quality, not quantity, rules the superhero game
In 2025, the big studios are rolling up their sleeves to tackle a disease plaguing the box office – superhero fatigue.
Big-name musicals to hit the stage
Soothing melodies and soaring high notes are set to fill the air, as the coming year brings along a host of musicals to the Lion City.
Celebrating design with SG60, new hotels and theme parks
Architecture and urban design take centre stage in 2025, with marquee events such as a year-long celebration of Singapore's 60th year of independence (SG60) and launches of Sentosa attractions to enhance the destination's \"islander allure\".
