7 Articles
7 Articles
Government to review 15-month wait-out period for private property owners as HDB prices moderate
The Minister for National Development, Chee Hong Tat, has suggested that the government may remove the 15-month wait-out period for private residential property owners buying a non-subsidised HDB resale flat if resale prices in the HDB market continue to moderate. The minister was speaking to reporters on May 28 while visiting Toa Payoh Ridge, a Build-To-Order (BTO) project at Lorong 1 Toa Payoh. Housing statistics published by HDB on April 25 i…
Government prioritises affordability of HDB resale flats as more units reach minimum occupation period
SINGAPORE: Newly appointed National Development Minister Chee Hong Tat has identified the affordability of HDB resale flats as a key priority for his ministry. Speaking to reporters on 28 May, just five days after assuming his new role, Chee acknowledged the challenges posed by rising resale prices and pledged to address them with sustained housing supply and supportive policies. “This is an important area for my ministry and me. We want to see …
Resale flat prices may begin moderating from 2026 as new units reach MOP: Chee Hong Tat
Resale flat prices may begin to moderate starting from 2026, National Development Minister Chee Hong Tat said during his first site visit to Toa Payoh Ridge on Wednesday (May 28). Minister Chee, who was sworn in as Minister for National Development (MND) last Friday (May 23), was previously Minister for Transport. Speaking with media at a playground in the new Toa Payoh Ridge, Chee acknowledged that the increase in resale flat prices has been a …
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