What does it take to be recognised as an inspirational home and be included in Makeful's top 10 homes*? For Lim Siew Wee, it's about filling one's abode with things that bring a beautiful memory or two, and smiling at the thought of such memory. In his 64-square-metre HDB flat, Siew Wee displays sentimental items that his father, a retired fruit seller and an artist at heart, kept and collected. These include a weighing machine that his father used to weigh durians, a traditional sewing machine (now serving as base for a facial basin) from his paternal grandmother, two laundry basins kept in their backyard for years, and an antique foldable study desk from their neighbour. Also making this home a standout is a set of wooden window panels Siew Wee found discarded by a neighbour. Truly a beautiful conversation starter, they were the original panels used in Singapore's first public housing-the post war houses situated along Tiong Bahru. You will find them now serving a new purpose in Siew … [Read more...] about House tour: Picture-perfect nostalgic 3-room HDB flat
New Housing Board flats will now come with condominium-like finishings. These sleeker and more modern fittings - such as larger tiles and concealed floor traps - will be installed in new Build-to-Order (BTO) projects launched since February. The new flats will incur marginally higher costs that HDB will absorb and does not affect the pricing, a spokesman said. Mr Jansen Foo, deputy director in HDB's building quality group, said the net cost increase is minimal as HDB has been able to achieve economies of scale. The HDB has adopted several practices akin to those at condos in recent years, such as pushing structural walls and beams to the side to encourage open-plan layouts. "This year, we took this one step further to improve the range of fittings provided in our new flats for a sleeker look. HDB is constantly improving the design of our flats to suit the changing needs of our residents," said Mr Foo. The new fittings include a scratch-resistant laminated timber main door with better … [Read more...] about New HDB flats to come with condo features
SINGAPORE - Two months ago, Mr Abel Ang, chief executive of Advanced MedTech, said to be the largest medical device company in South-east Asia, wrote a column in The Sunday Times about his simple life living well within his means in a HDB flat and travelling by public transport.The 46-year-old, who is also an adjunct associate professor at Nanyang Technological University, did not expect the reaction to his piece. More than 10 readers sent him messages on the issue via LinkedIn and other platforms. Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM. Enjoy unlimited access to ST's best work Exclusive stories and features on multiple devicesIn-depth analyses and opinion piecesePaper and award-winning multimedia content Subscribe Now … [Read more...] about CEOs who live in HDB flats: Why they choose to do so
If you didn't already know, Singaporeans who have never been married before can buy a HDB flat once they turn 35. While you may not be eligible for another decade or so, it's a good idea to know how much you'll need to buy a flat so you can start getting your finances in order. We talk to Amy Lim, an associate division director at Propnex Realty, to help you figure out what sort of flat you'll be able to get at 35, and how much you'll need to put down for it*. BTO OR RESALE? There are two main options when it comes to buying a HDB flat: brand new Build-to-Order (BTO) flats or resale flats from the open market. If you're earning $6,000 or less a month, you can apply for either. But if you're earning more than that, you can only apply for a resale flat. IF YOU GO FOR A BTO FLAT... BTO flats have 99-year leases and are generally much cheaper than resale flats. According to Amy, a two-room BTO flat in Punggol goes for about $130,000. Assuming you pay for 20 per cent of it … [Read more...] about Can you afford a HDB flat when you’re 35 and single?
Yes, we know HDB flats should be homes first and retirement funds second, and so on. But let’s be honest: Everyone wants to know what the big pay-off could be, besides shelter from the elements. Here’s a look at the numbers.WHICH FLAT TYPE APPRECIATES BEST?To find some answers, we looked at price movements of 3-room, 4-room and 5-room HDB flats over a period of 15 years. Starting with Singapore as a whole, here’s what we found:3-room HDB flats have appreciated by around 69 per cent. The average price of a resale 3-room flat today stands at around S$299,000, up from an average of S$176,800 back in 2004.4-room flats have appreciated by around 78 per cent. The average price of a resale 4-room flat is now around S$425,275, up from around S$238,300 in 2004.5-room flats lag just slightly behind 3-room flats, appreciating by around 68.57 per cent. The typical price today is around S$526,850, up from around S$312,500 on 2004.As such, we can see that 4-room flats show the … [Read more...] about Which type of HDB flat gives the best returns: 3-room, 4-room or 5-room?