January 31, 2015 7:50 AM ET

Real Estate Management and Development

Company Overview of Housing & Development Board

Company Overview

Housing & Development Board is a public housing authority that plans and develops housing towns. The institution was founded in 1960 and is based in Singapore.

HDB Hub

480 Lorong 6 Toa Payoh

Singapore,  310480

Singapore

Founded in 1960

Phone:

65 6490 1111

Fax:

65 6490 1033

Key Executives for Housing & Development Board

Chief Executive Officer and Director
Group Director of Finance
Deputy Chief Executive Officer of Building
Deputy Chief Executive Officer of Estates & Corporate
Group Director of Legal
Compensation as of Fiscal Year 2014.

Housing & Development Board Key Developments

THE Housing & Development Board Set to Launch More Projects in Tampines North, Punggol Matilda, and Bidadari Regions

THE Housing & Development Board (HDB) is set to launch more projects in Tampines North, Punggol Matilda, and Bidadari regions - the three new towns that were identified for further development under the Draft Master Plan 2013. In the second half of this year, housing projects will be launched in Tampines North and Punggol Matilda, followed by Bidadari in the second half of 2015. These follow two housing projects in Punggol Matilda - Matilda Edge and The Verandah@Matilda - which were launched in a build-to-order (BTO) exercise last September. Work on the developments for the three housing areas has started on the ground. When fully developed, they are expected to provide about 40,000 new homes for Singaporeans. In Tampines North, four new housing districts will each feature thematic housing typologies, with the first parcel to be launched - called Park West District - to deliver 1,500 homes, including 50 '3Gen' flats, which are flats designed for multi-generation families to stay under one roof. The Tampines North commercial hub, a new mixed development comprising commercial and residential uses, and integrated with a bus interchange, will also be built. At Punggol Matilda, the board plans to launch another BTO project in July this year, offering more than 1,000 units of different flat types ranging from two-room to five-room flats. A waterfront promenade with recreational features will also be built. When fully developed, Punggol Matilda will be a waterfront home - not very common for public housing - to about 28,000 residents with 8,000 flats. As for the two earlier Punggol Matilda BTO projects, close to 80% of the flats in both projects have been booked as at mid-May this year, and selection exercises are on-going for The Verandah@Matilda. Both projects are estimated to be completed in 2017. The third area, Bidadari Estate, will see the addition of a 10-hectare park and a mixed public housing and commercial development called the Market Square.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 21, 2014
Land Parcel at Sembawang Avenue Lot 6138X MK 13
Merger/Acquisition
May 26, 2014
Land Parcel at Yishun Street 51 (Parcel B)
Merger/Acquisition
February 19, 2014
A Land Parcel at Anchorvale Crescent
 

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