Policy before and after · Macroprudential

Event

Singapore lowers the HDB housing-loan LTV limit from 80% to 75%

Announced 19 August 2024 · Effective 20 August 2024

Read the full event record Compare with another policy Create research brief

Comparison window

Comparison anchored to effective date: 20 August 2024. Before: 21 August 2023 to 19 August 2024. After: 20 August 2024 to 19 August 2025. The same 365 days on each side; the anchor day counts as after.

Before · 21 Aug 2023 to 19 Aug 2024

19 land-sales awards

64 land-sales steps in all
1 other archive event
Singapore private residential transactions, all types of sale: 13,479 (Q2 2024)

The event

Announced 19 Aug 2024

Effective 20 Aug 2024

The effective date is the anchor.

After · 20 Aug 2024 to 19 Aug 2025

13 land-sales awards

56 land-sales steps in all
All 365 days observable
Singapore private residential transactions, all types of sale: 19,822 (Q2 2025)

What this comparison can and cannot show

Generated from this window's records

Recorded

2 verified claims on this event record a before and an after value.
19 land-sales awards in the 365 days before the effective date, and 13 in the 365 observable days after.
3 of 3 tracked series have a whole period on both sides, so a before and after figure is stated for them.

Cannot be concluded

That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.

About this eventIssuing authority, category, affected market, primary source, summary

Announced: 19 August 2024
Effective: 20 August 2024
Issuing authority: Ministry of National Development, Housing & Development Board
Category: Macroprudential
Affected market: Housing loans granted by HDB for HDB flat purchases: resale purchases whose complete resale application reached HDB on or after 20 August 2024, 12.00am, and BTO applications from the October 2024 BTO exercise onwards. Loans from banks and other financial institutions are outside it; their 75% limit was stated unchanged.
Primary source: Measures to Cool the HDB Resale Market and Provide More Support for First-Time Home Buyers

On 19 August 2024 MND and HDB lowered the loan-to-value limit for housing loans granted by HDB from 80% to 75%, effective from 20 August 2024, 12.00am, for complete resale applications received by HDB on or after that date and for BTO applications from the October 2024 BTO exercise onwards. The limit for loans from banks and other financial institutions stayed at 75%, so the change brought the two headline limits level. The Government described the cut as five percentage points and gave as its reason sustained, strong, broad-based demand for HDB resale flats, citing resale price growth of more than 4% in the first half of 2024. It said the vast majority of HDB-loan borrowers would not be affected and that first-time buyers would be cushioned by housing grants. No change was announced to the TDSR, the MSR, loan tenure or the HDB concessionary interest rate.

In brief

Singapore private residential transactions, all types of sale totalled 13,479 in the whole periods inside the 365 days before the effective date (Q4 2023, Q1 2024, Q2 2024) and 19,822 in those inside the 365 days after (Q4 2024, Q1 2025, Q2 2025).
Private Residential Property Price Index, All Residential was 206.1 in Q2 2024, the latest whole period before the effective date, and 213.2 in Q2 2025, the latest whole period in the 365 days after.
19 GLS site awards were recorded in the before window and 13 in the after window.

What changed

No policy matrix is recorded for this event. These are its verified claims that store a before and an after value.

As recorded in the claim	Before	After	Change	Source
Loan-to-value limit for HDB housing loans, from 80%	80%	75%	−5 pts	Claim 1
Loan-to-value limit for loans from banks and financial institutions, unchanged	75%	75%	No change	Claim 3

Observed around this event

View linked outcomes

The same statistic over the 365 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.

Singapore private residential transactions, all types of sale

units · Total over whole quarterly periods inside each 365-day window

Before

13,479

Q4 2023, Q1 2024, Q2 2024

Coverage 274/365 days

After

19,822

Q4 2024, Q1 2025, Q2 2025

Coverage 273/365 days

Difference

+6,343

+47.1%

Qualified: whole periods cover 274/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero. The two totals span different numbers of days.

Provenance

Source: Urban Redevelopment Authority
Series kind: FLOW
Basis: Observation periods wholly inside each window, values as originally recorded.
Origin: Calculated (sum of published period values)
Shown because: Mapped to this kind of event

Private Residential Property Price Index, All Residential

index (2009Q1=100) · Value in the latest whole quarterly period inside each 365-day window

Before

206.1

Q4 2023, Q1 2024, Q2 2024

Coverage 274/365 days

After

213.2

Q4 2024, Q1 2025, Q2 2025

Coverage 273/365 days

Difference

+7.1

+3.4%

Qualified: whole periods cover 274/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.

Provenance

Source: Urban Redevelopment Authority
Series kind: INDEX
Basis: Observation periods wholly inside each window, values as originally recorded.
Origin: Source fact (latest whole period)
Shown because: Mapped to this kind of event

HDB Resale Price Index

index (2009Q1=100) · Value in the latest whole quarterly period inside each 365-day window

Before

187.9

Q4 2023, Q1 2024, Q2 2024

Coverage 274/365 days

After

202.9

Q4 2024, Q1 2025, Q2 2025

Coverage 273/365 days

Difference

+15

+8%

Qualified: whole periods cover 274/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.

Provenance

Source: Housing & Development Board
Series kind: INDEX
Basis: Observation periods wholly inside each window, values as originally recorded.
Origin: Source fact (latest whole period)
Shown because: Mapped to this kind of event

Concurrent planning and land activity

Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.

Before the effective date

65 lines

64 land-sales steps (19 awards) · 1 archive event

From the effective date

60 lines

56 land-sales steps (13 awards) · 4 archive events

Explore concurrent events

Before (65)

5 September 2023 · Land sales
Lorong 1 Toa Payoh: Launched for tender
Residential · status on 5 September 2023: Tender open
11 September 2023 · Land sales
Plantation Close: Awarded
Executive Condominium housing · status on 11 September 2023: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd at S$348,500,000
12 September 2023 · Land sales
Lentor Central (14,703.2 sqm parcel): Tender closed
Residential · status on 12 September 2023: Tender closed, award pending
12 September 2023 · Land sales
Champions Way: Tender closed
Residential · status on 12 September 2023: Tender closed, award pending
18 September 2023 · Land sales
Lentor Central (14,703.2 sqm parcel): Awarded
Residential · status on 18 September 2023: Awarded · awarded to Intrepid Investments Pte. Ltd., GuocoLand (Singapore) Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd. at S$435,166,426
18 September 2023 · Land sales
Champions Way: Awarded
Residential · status on 18 September 2023: Awarded · awarded to CDL Stellar Pte. Ltd. at S$294,889,000
9 October 2023 · Land sales
Tampines Street 62 (Parcel B): Awarded
Executive Condominium residential · status on 9 October 2023: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$543,280,000
17 October 2023 · Land sales
Orchard Boulevard: Launched for tender
Residential with commercial at 1st storey · status on 17 October 2023: Tender open
7 November 2023 · Land sales
Clementi Avenue 1: Tender closed
Residential · status on 7 November 2023: Tender closed, award pending
7 November 2023 · Land sales
Pine Grove (Parcel B): Tender closed
Residential · status on 7 November 2023: Tender closed, award pending
7 November 2023 · Land sales
Lorong 1 Toa Payoh: Tender closed
Residential · status on 7 November 2023: Tender closed, award pending
15 November 2023 · Land sales
Clementi Avenue 1: Awarded
Residential · status on 15 November 2023: Awarded · awarded to CSC Land Group (Singapore) Pte. Ltd. and Caspian Residential 3 Pte. Ltd. at S$633,447,945
15 November 2023 · Land sales
Pine Grove (Parcel B): Awarded
Residential · status on 15 November 2023: Awarded · awarded to Golden Ray Edge 3 Pte. Ltd. at S$692,388,000
15 November 2023 · Land sales
Lorong 1 Toa Payoh: Awarded
Residential · status on 15 November 2023: Awarded · awarded to CDL Constellation Pte. Ltd., Frasers Property Phoenix Pte. Ltd. and Sekisui House, Ltd. at S$968,000,000
16 November 2023 · Land sales
Holland Drive: Released on the Reserve List
Residential · status on 16 November 2023: On the Reserve List
16 November 2023 · Land sales
De Souza Avenue: Released on the Reserve List
Residential · status on 16 November 2023: On the Reserve List
30 November 2023 · Land sales
Plantation Close (20,038.2 sqm parcel): Launched for tender, Confirmed List
Executive Condominium housing · status on 30 November 2023: Tender open
30 November 2023 · Land sales
Tampines Street 95: Released on the Reserve List
Executive Condominium housing · status on 30 November 2023: On the Reserve List
4 December 2023 · Land sales
Upper Thomson Road (Parcel A): Launched for tender, Confirmed List
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 4 December 2023: Tender open
4 December 2023 · Land sales
Upper Thomson Road (Parcel B): Launched for tender, Confirmed List
Residential · status on 4 December 2023: Tender open
4 December 2023 · Land sales
Zion Road (Parcel A): Launched for tender, Confirmed List
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 4 December 2023: Tender open
4 December 2023 · Land sales
Zion Road (Parcel B): Released on the Reserve List
Residential · status on 4 December 2023: On the Reserve List
18 January 2024 · Land sales
Marina Gardens Crescent: Tender closed
Plot 1 White site; Plot 2 Open Space; Plots 3 and 4 subterranean link plots · status on 18 January 2024: Tender closed, award pending
18 January 2024 · Land sales
Media Circle: Tender closed
Residential with commercial at 1st storey · status on 18 January 2024: Tender closed, award pending
1 February 2024 · Land sales
Orchard Boulevard: Tender closed
Residential with commercial at 1st storey · status on 1 February 2024: Tender closed, award pending
1 February 2024 · Land sales
Plantation Close (20,038.2 sqm parcel): Tender closed
Executive Condominium housing · status on 1 February 2024: Tender closed, award pending
8 February 2024 · Land sales
Media Circle: Awarded
Residential with commercial at 1st storey · status on 8 February 2024: Awarded · awarded to CNQC Realty (Clementi) Pte. Ltd. and Forsea Residence Pte. Ltd. at S$395,288,889
8 February 2024 · Land sales
Marina Gardens Crescent: Not awarded, returned to the Reserve List
Plot 1 White site; Plot 2 Open Space; Plots 3 and 4 subterranean link plots · status on 8 February 2024: Tender not awarded
14 February 2024 · Land sales
Plantation Close (20,038.2 sqm parcel): Awarded
Executive Condominium housing · status on 14 February 2024: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. at S$423,380,000
16 February 2024 · Archive event
Singapore lowers the ABSD clawback for housing developers that sell at least 90% of units on time
Announced 16 February 2024
21 February 2024 · Land sales
Orchard Boulevard: Awarded
Residential with commercial at 1st storey · status on 21 February 2024: Awarded · awarded to United Venture Development (No.7) Pte. Ltd. at S$428,280,980
27 February 2024 · Land sales
Holland Drive: Launched for tender
Residential · status on 27 February 2024: Tender open
11 March 2024 · Land sales
River Valley Green (Parcel A): Launched for tender, Confirmed List
Residential · status on 11 March 2024: Tender open
11 March 2024 · Land sales
River Valley Green (Parcel B): Released on the Reserve List
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 11 March 2024: On the Reserve List
26 March 2024 · Land sales
Jurong Lake District Master Developer site: Tender closed, concept and price
White site · status on 26 March 2024: Tender closed, award pending
4 April 2024 · Land sales
Zion Road (Parcel A): Tender closed
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 4 April 2024: Tender closed, award pending
4 April 2024 · Land sales
Upper Thomson Road (Parcel B): Tender closed
Residential · status on 4 April 2024: Tender closed, award pending
16 April 2024 · Land sales
Canberra Crescent: Launched for tender
Residential · status on 16 April 2024: Tender open
16 April 2024 · Land sales
De Souza Avenue: Launched for tender
Residential · status on 16 April 2024: Tender open
16 April 2024 · Land sales
Zion Road (Parcel A): Awarded
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 16 April 2024: Awarded · awarded to CDL-MFA Vega Property Pte. Ltd. and CDL-MFA Altair Property Pte. Ltd. at S$1,106,888,000
16 April 2024 · Land sales
Upper Thomson Road (Parcel B): Awarded
Residential · status on 16 April 2024: Awarded · awarded to GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd. at S$779,555,000
22 April 2024 · Land sales
Zion Road (Parcel B): Reserve List application accepted
Residential · status on 22 April 2024: On the Reserve List
13 May 2024 · Land sales
Zion Road (Parcel B): Launched for tender, triggered from the Reserve List
Residential · status on 13 May 2024: Tender open
14 May 2024 · Land sales
Holland Drive: Tender closed
Residential · status on 14 May 2024: Tender closed, award pending
16 May 2024 · Land sales
Jalan Loyang Besar: Launched for tender, Confirmed List
Executive Condominium housing · status on 16 May 2024: Tender open
20 May 2024 · Land sales
Holland Drive: Awarded
Residential · status on 20 May 2024: Awarded · awarded to Holly Development Pte. Ltd. at S$805,390,000
30 May 2024 · Land sales
Margaret Drive: Launched for tender
Residential · status on 30 May 2024: Tender open
30 May 2024 · Land sales
Media Circle (long-stay serviced apartments): Launched for tender
Residential for long-stay serviced apartments only, with commercial at 1st storey · status on 30 May 2024: Tender open
13 June 2024 · Land sales
Dairy Farm Walk (21,881.8 sqm parcel): Launched for tender, Confirmed List
Residential · status on 13 June 2024: Tender open
13 June 2024 · Land sales
Tengah Garden Avenue: Launched for tender, Confirmed List
Residential with commercial at 1st storey · status on 13 June 2024: Tender open
13 June 2024 · Land sales
Bayshore Road: Released on the Reserve List
Residential · status on 13 June 2024: On the Reserve List
19 June 2024 · Land sales
Upper Thomson Road (Parcel A): Tender closed, no bids
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 19 June 2024: Tender closed, no bids received
19 June 2024 · Land sales
River Valley Green (Parcel A): Tender closed
Residential · status on 19 June 2024: Tender closed, award pending
27 June 2024 · Land sales
River Valley Green (Parcel A): Awarded
Residential · status on 27 June 2024: Awarded · awarded to Winchamp Investment Pte. Ltd. at S$463,999,999
27 June 2024 · Land sales
Tampines Street 94: Launched for tender, Confirmed List
Mixed commercial and residential · status on 27 June 2024: Tender open
18 July 2024 · Land sales
Canberra Crescent: Tender closed
Residential · status on 18 July 2024: Tender closed, award pending
18 July 2024 · Land sales
De Souza Avenue: Tender closed
Residential · status on 18 July 2024: Tender closed, award pending
18 July 2024 · Land sales
Zion Road (Parcel B): Tender closed
Residential · status on 18 July 2024: Tender closed, award pending
1 August 2024 · Land sales
Margaret Drive: Tender closed
Residential · status on 1 August 2024: Tender closed, award pending
1 August 2024 · Land sales
Jalan Loyang Besar: Tender closed
Executive Condominium housing · status on 1 August 2024: Tender closed, award pending
7 August 2024 · Land sales
Canberra Crescent: Awarded
Residential · status on 7 August 2024: Awarded · awarded to Peak Nature Pte Ltd and Huatland Development Pte. Ltd. at S$279,000,800
7 August 2024 · Land sales
De Souza Avenue: Awarded
Residential · status on 7 August 2024: Awarded · awarded to SL Capital (8) Pte Ltd at S$278,900,000
7 August 2024 · Land sales
Zion Road (Parcel B): Awarded
Residential · status on 7 August 2024: Awarded · awarded to Valerian Residential Pte. Ltd. at S$730,088,888
7 August 2024 · Land sales
Margaret Drive: Awarded
Residential · status on 7 August 2024: Awarded · awarded to Intrepid Investments Pte. Ltd., Hong Realty (Private) Limited and GuocoLand (Singapore) Pte. Ltd. at S$497,000,000
16 August 2024 · Land sales
Jalan Loyang Besar: Awarded
Executive Condominium housing · status on 16 August 2024: Awarded · awarded to CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. at S$557,000,000

After (60)

22 August 2024 · Land sales
Tampines Street 95: Launched for tender, moved from the Reserve List to the Confirmed List
Executive Condominium housing · status on 22 August 2024: Tender open
12 September 2024 · Land sales
Faber Walk: Launched for tender
Residential · status on 12 September 2024: Tender open
13 September 2024 · Land sales
Jurong Lake District Master Developer site: Not awarded, moved to the Reserve List
White site · status on 13 September 2024: Tender not awarded
19 September 2024 · Land sales
Media Circle (long-stay serviced apartments): Tender closed
Residential for long-stay serviced apartments only, with commercial at 1st storey · status on 19 September 2024: Tender closed, award pending
19 September 2024 · Land sales
Tampines Street 94: Tender closed
Mixed commercial and residential · status on 19 September 2024: Tender closed, award pending
26 September 2024 · Land sales
Chencharu Close: Launched for tender, Confirmed List
Mixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 26 September 2024: Tender open
3 October 2024 · Land sales
Media Circle (long-stay serviced apartments): Not awarded
Residential for long-stay serviced apartments only, with commercial at 1st storey · status on 3 October 2024: Tender not awarded
10 October 2024 · Land sales
Tampines Street 94: Awarded
Mixed commercial and residential · status on 10 October 2024: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. at S$668,280,000
16 October 2024 · Archive event
Singapore introduces the Standard, Plus and Prime flat classification for new BTO flats, with a 10-year MOP and subsidy recovery for Plus and Prime
Effective 16 October 2024
17 October 2024 · Land sales
Lentor Gardens (20,640.8 sqm parcel): Launched for tender, Confirmed List
Residential · status on 17 October 2024: Tender open
17 October 2024 · Land sales
River Valley Green (Parcel B): Launched for tender, Confirmed List
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 17 October 2024: Tender open
17 October 2024 · Land sales
Marina Gardens Lane (6,007.4 sqm parcel): Released on the Reserve List
Residential with commercial at 1st storey · status on 17 October 2024: On the Reserve List
17 October 2024 · Land sales
Woodlands Drive 17 (EC): Released on the Reserve List
Executive Condominium · status on 17 October 2024: On the Reserve List
24 October 2024 · Land sales
Tampines Street 95: Tender closed
Executive Condominium housing · status on 24 October 2024: Tender closed, award pending
8 November 2024 · Land sales
Tampines Street 95: Awarded
Executive Condominium housing · status on 8 November 2024: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$465,000,000
19 November 2024 · Land sales
Faber Walk: Tender closed
Residential · status on 19 November 2024: Tender closed, award pending
26 November 2024 · Land sales
Media Circle (Parcel A): Launched for tender, Confirmed List
Residential with commercial at 1st storey · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Media Circle (Parcel B): Launched for tender, Confirmed List
Residential with commercial at 1st storey · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Bayshore Road: Launched for tender, Confirmed List
Residential · status on 26 November 2024: Tender open
26 November 2024 · Land sales
Faber Walk: Awarded
Residential · status on 26 November 2024: Awarded · awarded to GuocoLand (Singapore) Pte. Ltd., TID Residential Pte. Ltd. and Intrepid Investments Pte. Ltd. at S$349,857,988
3 December 2024 · Land sales
Holland Link: Launched for tender, Confirmed List
Residential · status on 3 December 2024: Tender open
3 December 2024 · Land sales
Holland Plain: Released on the Reserve List
Residential · status on 3 December 2024: On the Reserve List
3 December 2024 · Land sales
Chuan Grove: Launched for tender, Confirmed List
Residential · status on 3 December 2024: Tender open
3 December 2024 · Land sales
River Valley Green (Parcel C): Released on the Reserve List
Residential · status on 3 December 2024: On the Reserve List
14 January 2025 · Land sales
Dairy Farm Walk (21,881.8 sqm parcel): Tender closed
Residential · status on 14 January 2025: Tender closed, award pending
14 January 2025 · Land sales
Tengah Garden Avenue: Tender closed
Residential with commercial at 1st storey · status on 14 January 2025: Tender closed, award pending
21 January 2025 · Land sales
Dairy Farm Walk (21,881.8 sqm parcel): Awarded
Residential · status on 21 January 2025: Awarded · awarded to SNC2 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., Soon Li Heng Civil Engineering Pte Ltd and Kay Lim Realty Pte. Ltd. at S$504,515,000
21 January 2025 · Land sales
Tengah Garden Avenue: Awarded
Residential with commercial at 1st storey · status on 21 January 2025: Awarded · awarded to Intrepid Investments Pte. Ltd., CSC Land Group (Singapore) Pte. Ltd. and GuocoLand (Singapore) Pte. Ltd. at S$675,000,000
7 February 2025 · Land sales
River Valley Green (Parcel B): Tender closed
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 7 February 2025: Tender closed, award pending
7 February 2025 · Planning
Singapore reissues the CBD Incentive and Strategic Development Incentive schemes to 2030 and adds a conditional commercial conversion option in Anson and Cecil
Announced 7 February 2025
13 February 2025 · Land sales
River Valley Green (Parcel B): Awarded
Residential with commercial at 1st storey, including long-stay serviced apartments · status on 13 February 2025: Awarded · awarded to GLL B Pte. Ltd. at S$627,835,896
4 March 2025 · Land sales
Media Circle (Parcel A): Tender closed
Residential with commercial at 1st storey · status on 4 March 2025: Tender closed, award pending
5 March 2025 · Archive event
Singapore extends developer ABSD remission timelines for complex projects and the CORENET X qualifying period
Announced 5 March 2025
13 March 2025 · Land sales
Media Circle (Parcel A): Awarded
Residential with commercial at 1st storey · status on 13 March 2025: Awarded · awarded to CNQC Realty (Bloomsbury) Pte. Ltd., Forsea Residence Pte. Ltd. and Hoovasun Holding Pte. Ltd. at S$315,000,000
18 March 2025 · Land sales
Bayshore Road: Tender closed
Residential · status on 18 March 2025: Tender closed, award pending
21 March 2025 · Land sales
Senja Close: Launched for tender, moved from the Reserve List to the Confirmed List
Executive Condominium residential · status on 21 March 2025: Tender open
28 March 2025 · Land sales
Bayshore Road: Awarded
Residential · status on 28 March 2025: Awarded · awarded to Sing-Haiyi Garnet Pte. Ltd. at S$658,888,998
3 April 2025 · Land sales
Lentor Gardens (20,640.8 sqm parcel): Tender closed
Residential · status on 3 April 2025: Tender closed, award pending
8 April 2025 · Land sales
Lakeside Drive: Launched for tender, Confirmed List
Residential with commercial at 1st storey · status on 8 April 2025: Tender open
8 April 2025 · Land sales
Dunearn Road: Launched for tender, Confirmed List
Residential · status on 8 April 2025: Tender open
8 April 2025 · Land sales
Woodlands Drive 17 (EC): Launched for tender, Confirmed List
Executive Condominium · status on 8 April 2025: Tender open
9 April 2025 · Land sales
Lentor Gardens (20,640.8 sqm parcel): Awarded
Residential · status on 9 April 2025: Awarded · awarded to Kingsford Huray Development Pte Ltd at S$429,230,000
29 April 2025 · Land sales
Media Circle (Parcel B): Tender closed, no bids
Residential with commercial at 1st storey · status on 29 April 2025: Tender closed, no bids received
13 May 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): Launched for tender, Confirmed List
Residential · status on 13 May 2025: Tender open
29 May 2025 · Land sales
Sembawang Road: Launched for tender, Confirmed List
Executive Condominium housing · status on 29 May 2025: Tender open
29 May 2025 · Land sales
Hougang Avenue 10 / Hougang Central: Launched for tender, Confirmed List
Mixed commercial and residential, integrated with a bus interchange · status on 29 May 2025: Tender open
3 June 2025 · Land sales
Lakeside Drive: Tender closed
Residential with commercial at 1st storey · status on 3 June 2025: Tender closed, award pending
9 June 2025 · Land sales
Lakeside Drive: Awarded
Residential with commercial at 1st storey · status on 9 June 2025: Awarded · awarded to CDL Polaris Properties Pte. Ltd. and CDL Polaris Commercial Pte. Ltd. at S$608,000,000
24 June 2025 · Land sales
Dorset Road: Launched for tender, Confirmed List
Residential · status on 24 June 2025: Tender open
24 June 2025 · Land sales
Upper Thomson Road (Parcel A), 2025 tender: Launched for tender, Confirmed List
Residential with commercial at 1st storey · status on 24 June 2025: Tender open
24 June 2025 · Land sales
Telok Blangah Road: Launched for tender, Confirmed List
Residential · status on 24 June 2025: Tender open
26 June 2025 · Land sales
Dunearn Road: Tender closed
Residential · status on 26 June 2025: Tender closed, award pending
3 July 2025 · Land sales
Dunearn Road: Awarded
Residential · status on 3 July 2025: Awarded · awarded to CSC Land Group (Singapore) Pte. Ltd., Sekisui House, Ltd. and Frasers Property Phoenix II Pte. Ltd. at S$491,454,208
3 July 2025 · Archive event
Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points
Announced 3 July 2025
8 July 2025 · Land sales
Chuan Grove: Tender closed
Residential · status on 8 July 2025: Tender closed, award pending
17 July 2025 · Land sales
Chuan Grove: Awarded
Residential · status on 17 July 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$703,600,000
29 July 2025 · Land sales
Holland Link: Tender closed
Residential · status on 29 July 2025: Tender closed, award pending
5 August 2025 · Land sales
Senja Close: Tender closed
Executive Condominium residential · status on 5 August 2025: Tender closed, award pending
5 August 2025 · Land sales
Woodlands Drive 17 (EC): Tender closed
Executive Condominium · status on 5 August 2025: Tender closed, award pending
7 August 2025 · Land sales
Holland Link: Awarded
Residential · status on 7 August 2025: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$368,368,368

Recorded relationships

Methodology5 rules

Comparison anchored to effective date: 20 August 2024. The anchor is the effective date where one is recorded, otherwise the announcement date.
The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.

Sources

The event's sources (3)

Primary sources3

Measures to Cool the HDB Resale Market and Provide More Support for First-Time Home Buyers
Ministry of National Development · Primary source · Published 19 August 2024
Open original source
Measures to Cool the HDB Resale Market and Provide Greater Support for First-time Home Buyers
Housing & Development Board · Primary source · Published 19 August 2024
Open original source
Measures to Cool the HDB Resale Market and Greater Support for First-Time Home Buyers
Ministry of National Development · Primary source · Publication date not recorded
Open original source

Event checked against its primary sources on 26 September 2026. Each claim keeps its own verification status.

Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.