Prime Location Housing model (PLH)

PropertyBT: Chasing restriction-lite HDB resale flats in popular locations (Ep 26)

Does it make sense to chase after restriction-lite HDB resale homes in sought-after locations? Senior correspondent Leslie Yee gets insights and tips from veteran commentator Nicholas Mak of Mogul.sg.

Facade of Raffles Town Club, whose lease at Plymouth Avenue will not be renewed, with the site being slated for future housing development.
THE LEVEL GROUND

Should the prime Raffles Town Club site be earmarked for HDB homes?

Singapore’s various social and recreation clubs offer their members use of a wide range of dining and sports facilities as well as opportunities to network and participate in curated events. I enjoy b...

Can one build wealth by buying a Plus or Prime flat?

PropertyBT: Making sense of HDB’s Standard, Plus and Prime model (Ep 24)

Who benefits from this new model? Senior correspondent Leslie Yee discusses with Professor Qian Wenlan from the National University of Singapore.

Potential buyers of highly sought-after HDB resale flats should be mindful of the risks of paying top dollar for such flats.
THE LEVEL GROUND

Stay cool and don’t go overboard chasing after million-dollar HDB flats

SOME Housing and Development Board (HDB) flats are pricey, fetching well over S$1 million in the resale market.

The first plot, adjacent to Sampan Place, is about 2ha – equivalent in size to just under three football fields – and has a plot ratio of 3.6.

Over 5,000 new homes could rise from 3 new Tanjong Rhu plots on city fringe

NEW high-rise housing developments can now be built on three plots of land in Tanjong Rhu that analysts estimate could yield more than 5,000 new homes in this location on the city fringe.

Potential flat buyers will have to think long and hard about how much they prize these locations versus any investment returns that they could make.
MAKING BANK

Buying a prime-location HDB flat means stepping off the property ladder, for better or worse

IN 2015, it was reported that a four-room Pinnacle@Duxton Housing Development Board flat somewhere between the 34th and 36th floor was sold for S$900,000.

Under the new framework, Plus flats will come with more subsidies but with stricter resale conditions.

Rental curbs, S$14,000 income cap on resale buyers put in place for new HDB Plus flats

30-month waiting period also set for private homeowners looking to buy Plus flats 

Plus flats, a new classification of Build-to-Order flats, will be found in "choicer locations" within each region across Singapore, said Prime Minister Lee Hsien Loong at his National Day Rally on Sunday.
NATIONAL DAY RALLY

National Day Rally: Tighter restrictions for new class of BTO flats to reduce ‘lottery effect’, keep lid on resale prices

Clawback of subsidies, 10-year minimum occupation period, income ceiling on resale buyers for new Plus category

Building new ECs in prime locations can help locals achieve private housing dreams.
THE LEVEL GROUND

Consider building executive condos in prime locations

Relief may be in sight for aspiring private home buyers. It looks like home prices and interest rates will not rise further and may even soften.

For a new HDB home, perhaps one can do just as well with buying a PLH unit versus a non-PLH one.
THE LEVEL GROUND

10 years minimum occupancy, clawback of resale proceeds – but PLH flats can still be good buys

One wonders if prime location public housing (PLH) flats are proving not all that popular with eligible Housing and Development Board (HDB) build-to-order (BTO) flat buyers. In the last BTO exercise, ...