All posts tagged: HDB

Residents can post mail from all HDB, condo letterboxes by Sep 30; no plans to remove postboxes: SingPost

Residents can post mail from all HDB, condo letterboxes by Sep 30; no plans to remove postboxes: SingPost

The facility also operates three larger autonomous vehicles that can move parcels between different levels of the building. Collectively, these upgrades halve the processing time and triples SingPost’s small- and medium-sized parcel processing capacity from 100,000 to 300,000 parcels per day, which means its total daily throughput – when combined with existing large parcel operations – is 400,000 parcels. REDUCED MANPOWER NEEDS In terms of manpower, automation has reduced staffing requirements from about 300 workers to between 150 and 200. However, Mr Chong said the reduction would largely affect temporary workers rather than permanent staff. “The fact is actually we don’t have enough permanent staff. We leverage a lot on temporary staff, so with this new equipment, we will need less temporary staff. “But for our own staff we will also upskill them, train them. Those who are able to, they could move on to the new roles,” he said. Mr Chong said the company would need workers with new skill sets to support its automated operations, including engineers who can manage systems, analyse operational …

More than 18,000 HDB flats selected for upgrading works under Home Improvement Programme

More than 18,000 HDB flats selected for upgrading works under Home Improvement Programme

EASE PROGRAMME Households selected for HIP can also opt for a range of senior-friendly fittings under the Enhancement for Active Seniors (EASE) programme. These fittings include grab bars, ramps, and slip-resistant treatment to bathroom floor tiles. Since April 2024, HDB has expanded the range of items to also include additional fittings such as rocker switches, home fire alarms, bidet sprays and wall-mounted foldable shower seats. Like HIP’s optional upgrades, the EASE programme is heavily subsidised by the government. The amount of subsidies is based on the flat type. Singaporean households in one-, two- and three-room flats pay 5 per cent of the cost, while those in four-room flats pay 7.5 per cent.  Eligible owners of five-room flats pay 10 per cent, while those in executive flats pay 12.5 per cent. For example, the owner of a four-room flat will pay S$35.95 for slip-resistant treatment to two toilets, S$21.25 for a single-step ramp, and S$39.20 for the first set of eight or 10 grab bars. About 379,000 households have been upgraded under the EASE programme since …

Commentary: After first quarterly dip in nearly seven years, where are HDB resale prices headed?

Commentary: After first quarterly dip in nearly seven years, where are HDB resale prices headed?

But uncertainty could also push more private home owners to right size, particularly as they approach retirement. This would add to the demand for larger HDB flats, particularly those in more desirable locations. This was what we observed with the Russia-Ukraine war in 2022, which saw a very small but growing number of HDB resale flats fetching at least S$1 million (US$787,340) and strong price growth for larger flats in non-mature towns such as Sembawang and Woodlands. That same year also saw the introduction of a 15-month wait-out period for former and current owners of private homes seeking to buy public housing flats. The restriction was aimed at cooling the HDB resale market for higher-priced flats, which was heating up partly due to demand from private property downgraders flush with capital. This underscored how periods of uncertainty can have implications for housing demand, especially as HDB flats are often seen as a more affordable option. WHAT IT MEANS FOR BUYERS AND SELLERS Despite heightened uncertainty and expectations of higher inflation, the HDB resale market is …