Policy before and after · Macroprudential

Event

Singapore tightens HDB loan rules and introduces a three-year PR wait-out period

Announced 27 August 2013 · Effective 27 August 2013

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

Comparison window

Comparison anchored to effective date: 27 August 2013. Before: 27 August 2012 to 26 August 2013. After: 27 August 2013 to 26 August 2014. The same 365 days on each side; the anchor day counts as after.

Before · 27 Aug 2012 to 26 Aug 2013

38 land-sales awards

105 land-sales steps in all
4 other archive events
Singapore private residential transactions, all types of sale: 23,220 (Q2 2013)

The event

Announced 27 Aug 2013

Effective 27 Aug 2013

The effective date is the anchor.

After · 27 Aug 2013 to 26 Aug 2014

27 land-sales awards

84 land-sales steps in all
All 365 days observable
Singapore private residential transactions, all types of sale: 10,974 (Q2 2014)

What this comparison can and cannot show

Generated from this window's records

Recorded

3 verified claims on this event record a before and an after value.
38 land-sales awards in the 365 days before the effective date, and 27 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: 27 August 2013
Effective: 27 August 2013
Issuing authority: Monetary Authority of Singapore, Ministry of National Development, Housing & Development Board
Category: Macroprudential
Affected market: HDB flats. HDB concessionary loans, housing loans granted by financial institutions for HDB flats including DBSS flats, and resale eligibility for Singapore Permanent Resident households.
Primary source: More Help, Stronger Support, Better Homes (MND and HDB joint press release, Annex C sets out revised mortgage loan terms and effective dates)

On 27 August 2013 Singapore reduced the Mortgage Servicing Ratio for HDB concessionary loans from 35% to 30%, shortened the maximum HDB loan tenure from 30 years to 25, cut the maximum financial-institution loan tenure for HDB flats from 35 years to 30 with tighter loan-to-value treatment above 25 years, and required Singapore Permanent Resident households to wait three years from obtaining permanent residency before buying a resale flat.

In brief

Singapore private residential transactions, all types of sale totalled 23,220 in the whole periods inside the 365 days before the effective date (Q4 2012, Q1 2013, Q2 2013) and 10,974 in those inside the 365 days after (Q4 2013, Q1 2014, Q2 2014).
Private Residential Property Price Index, All Residential was 154 in Q2 2013, the latest whole period before the effective date, and 149.7 in Q2 2014, the latest whole period in the 365 days after.
38 GLS site awards were recorded in the before window and 27 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
Maximum HDB concessionary-loan tenure, shortened from 30 years.years	30	25	−16.7%	Claim 2
Maximum MSR for HDB concessionary loans, reduced from 35%.	35%	30%	−5 pts	Claim 1
Maximum bank-loan tenure for HDB flats including DBSS, cut from 35 years.years	35	30	−14.3%	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

23,220

Q4 2012, Q1 2013, Q2 2013

Coverage 273/365 days

After

10,974

Q4 2013, Q1 2014, Q2 2014

Coverage 273/365 days

Difference

-12,246

-52.7%

Qualified: whole periods cover 273/365 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: 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

154

Q4 2012, Q1 2013, Q2 2013

Coverage 273/365 days

After

149.7

Q4 2013, Q1 2014, Q2 2014

Coverage 273/365 days

Difference

-4.3

-2.8%

Qualified: whole periods cover 273/365 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

149.4

Q4 2012, Q1 2013, Q2 2013

Coverage 273/365 days

After

141.5

Q4 2013, Q1 2014, Q2 2014

Coverage 273/365 days

Difference

-7.9

-5.3%

Qualified: whole periods cover 273/365 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

109 lines

105 land-sales steps (38 awards) · 4 archive events

From the effective date

86 lines

84 land-sales steps (27 awards) · 2 archive events

Explore concurrent events

Before (109)

28 August 2012 · Land sales
Farrer Road: Tender closed
Residential · status on 28 August 2012: Tender closed, award pending
29 August 2012 · Land sales
Yishun Avenue 9 / Yishun Industrial Street 1: Launched for tender
Business 1 · status on 29 August 2012: Tender open
29 August 2012 · Land sales
Bukit Batok Street 23: Awarded
Business 1 · status on 29 August 2012: Awarded · awarded to Soilbuild Group Holdings Ltd at S$32,328,000
30 August 2012 · Land sales
Yishun Avenue 9 / Yishun Industrial Street 1: Tender closed
Business 1 · status on 30 August 2012: Tender closed, award pending
3 September 2012 · Land sales
Farrer Road: Awarded
Residential · status on 3 September 2012: Awarded · awarded to Far East Soho Pte. Ltd. at S$45,777,000
4 September 2012 · Land sales
Punggol Way / Punggol Walk: Tender closed
Executive Condominium housing · status on 4 September 2012: Tender closed, award pending
6 September 2012 · Land sales
Punggol Way / Punggol Walk: Awarded
Executive Condominium housing · status on 6 September 2012: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd at S$189,870,000
6 September 2012 · Land sales
Pheng Geck Avenue / Tai Thong Crescent: Tender closed
Residential with Commercial at 1st storey · status on 6 September 2012: Tender closed, award pending
7 September 2012 · Land sales
Pheng Geck Avenue / Tai Thong Crescent: Awarded
Residential with Commercial at 1st storey · status on 7 September 2012: Awarded · awarded to Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd. at S$245,000,000
7 September 2012 · Land sales
Yishun Avenue 9 / Yishun Industrial Street 1: Awarded
Business 1 · status on 7 September 2012: Awarded · awarded to Soon Hock Tuas Development Pte. Ltd. at S$51,388,000
18 September 2012 · Land sales
Dairy Farm Road: Tender closed
Residential · status on 18 September 2012: Tender closed, award pending
19 September 2012 · Land sales
Jurong Town Hall Road: Launched for tender
Hotel · status on 19 September 2012: Tender open
19 September 2012 · Land sales
Jalan Jurong Kechil: Launched for tender
Residential (option for retirement housing is allowed) · status on 19 September 2012: Tender open
20 September 2012 · Land sales
Prince Charles Crescent / Prince Charles Square: Tender closed
Residential · status on 20 September 2012: Tender closed, award pending
25 September 2012 · Land sales
Dairy Farm Road: Awarded
Residential · status on 25 September 2012: Awarded · awarded to First Shine Properties Pte Ltd and Meadows Bright Development Pte Ltd at S$244,318,000
25 September 2012 · Land sales
Prince Charles Crescent / Prince Charles Square: Awarded
Residential · status on 25 September 2012: Awarded · awarded to Wingstar Investment Pte. Ltd., Metro Australia Holdings Pte Ltd and Maxdin Pte Ltd at S$516,298,888
26 September 2012 · Land sales
Pasir Ris Drive 3 / Pasir Ris Rise: Launched for tender
Executive Condominium housing · status on 26 September 2012: Tender open
26 September 2012 · Land sales
Sengkang West Way / Fernvale Link (Parcel B): Launched for tender
Executive Condominium housing · status on 26 September 2012: Tender open
26 September 2012 · Land sales
Yishun Avenue 9 / Yishun Industrial Street 1: Tender closed
Business 1 · status on 26 September 2012: Tender closed, award pending
3 October 2012 · Land sales
Yishun Avenue 9 / Yishun Industrial Street 1: Awarded
Business 1 · status on 3 October 2012: Awarded · awarded to Soilbuild Group Holdings Ltd. at S$31,688,000
4 October 2012 · Land sales
Thomson Road / Irrawaddy Road: Launched for tender
White · status on 4 October 2012: Tender open
5 October 2012 · Archive event
MAS caps financial-institution residential loan tenures at 35 years and tightens LTV limits
Announced 5 October 2012
9 October 2012 · Land sales
Woodlands Avenue 6 / Woodlands Drive 16: Tender closed
Executive Condominium housing · status on 9 October 2012: Tender closed, award pending
11 October 2012 · Land sales
Victoria Street / Jalan Sultan: Tender closed
Hotel or Commercial & Residential · status on 11 October 2012: Tender closed, award pending
15 October 2012 · Land sales
Punggol Field Walk / Punggol East: Launched for tender
Executive Condominium housing · status on 15 October 2012: Tender open
15 October 2012 · Land sales
Bishan Street 14: Launched for tender
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 15 October 2012: Tender open
16 October 2012 · Land sales
Woodlands Avenue 6 / Woodlands Drive 16: Awarded
Executive Condominium housing · status on 16 October 2012: Awarded · awarded to Opal Star Pte. Ltd. & Binjai Holdings Pte. Ltd. at S$150,180,000
16 October 2012 · Land sales
New Upper Changi Road / Bedok Road: Tender closed
Residential · status on 16 October 2012: Tender closed, award pending
16 October 2012 · Land sales
Victoria Street / Jalan Sultan: Awarded
Hotel or Commercial & Residential · status on 16 October 2012: Awarded · awarded to Forward Land Pte Ltd at S$331,336,000
22 October 2012 · Land sales
New Upper Changi Road / Bedok Road: Awarded
Residential · status on 22 October 2012: Awarded · awarded to Sherwood Development Pte Ltd at S$434,550,000
30 October 2012 · Land sales
Sembawang Crescent / Sembawang Drive: Launched for tender
Executive Condominium housing · status on 30 October 2012: Tender open
7 November 2012 · Land sales
Alexandra Road / Alexandra View: Launched for tender
Residential · status on 7 November 2012: Tender open
8 November 2012 · Land sales
Sengkang West Way / Fernvale Link (Parcel B): Tender closed
Executive Condominium housing · status on 8 November 2012: Tender closed, award pending
12 November 2012 · Land sales
Sengkang West Way / Fernvale Link (Parcel B): Awarded
Executive Condominium housing · status on 12 November 2012: Awarded · awarded to Verspring Properties Pte. Ltd. at S$135,000,000
15 November 2012 · Land sales
Jurong West Street 41: Launched for tender
Residential · status on 15 November 2012: Tender open
15 November 2012 · Land sales
Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Launched for tender
Residential · status on 15 November 2012: Tender open
15 November 2012 · Land sales
Jalan Jurong Kechil: Tender closed
Residential (option for retirement housing is allowed) · status on 15 November 2012: Tender closed, award pending
20 November 2012 · Land sales
Jurong Town Hall Road: Tender closed
Hotel · status on 20 November 2012: Tender closed, award pending
22 November 2012 · Land sales
Pasir Ris Drive 3 / Pasir Ris Rise: Tender closed
Executive Condominium housing · status on 22 November 2012: Tender closed, award pending
22 November 2012 · Land sales
Jalan Jurong Kechil: Awarded
Residential (option for retirement housing is allowed) · status on 22 November 2012: Awarded · awarded to World Class Developments (North) Pte Ltd at S$73,800,000
23 November 2012 · Land sales
Jurong Town Hall Road: Awarded
Hotel · status on 23 November 2012: Awarded · awarded to Tamerton Pte Ltd at S$238,200,000
26 November 2012 · Land sales
Pasir Ris Drive 3 / Pasir Ris Rise: Awarded
Executive Condominium housing · status on 26 November 2012: Awarded · awarded to Hao Yuan Investment Pte Ltd at S$207,000,000
27 November 2012 · Land sales
Yishun Ring Road / Yishun Avenue 9: Launched for tender
Mixed commercial and residential · status on 27 November 2012: Tender open
29 November 2012 · Land sales
Bishan Street 14: Tender closed
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 29 November 2012: Tender closed, award pending
3 December 2012 · Land sales
Bishan Street 14: Awarded
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 3 December 2012: Awarded · awarded to Allamanda Residential Development Pte. Ltd. at S$505,100,000
4 December 2012 · Land sales
Punggol Point: Launched for tender
Food & Beverage with or without retail use · status on 4 December 2012: Tender open
4 December 2012 · Land sales
Thomson Road / Irrawaddy Road: Tender closed
White · status on 4 December 2012: Tender closed, award pending
6 December 2012 · Land sales
Punggol Field Walk / Punggol East: Tender closed
Executive Condominium housing · status on 6 December 2012: Tender closed, award pending
7 December 2012 · Land sales
Thomson Road / Irrawaddy Road: Awarded
White · status on 7 December 2012: Awarded · awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd. and Hoi Hup J.V. Development Pte Ltd at S$492,500,000
10 December 2012 · Land sales
Punggol Field Walk / Punggol East: Awarded
Executive Condominium housing · status on 10 December 2012: Awarded · awarded to Sing Holdings Limited at S$162,100,000
11 December 2012 · Land sales
Alexandra Road / Alexandra View: Tender closed
Residential · status on 11 December 2012: Tender closed, award pending
13 December 2012 · Land sales
Sembawang Crescent / Sembawang Drive: Tender closed
Executive Condominium housing · status on 13 December 2012: Tender closed, award pending
17 December 2012 · Land sales
Sembawang Crescent / Sembawang Drive: Awarded
Executive Condominium housing · status on 17 December 2012: Awarded · awarded to JBE Holdings Pte Ltd at S$211,920,000
17 December 2012 · Land sales
Alexandra Road / Alexandra View: Awarded
Residential · status on 17 December 2012: Awarded · awarded to Singland Homes Pte. Ltd. at S$332,680,000
18 December 2012 · Land sales
Commonwealth Avenue: Launched for tender
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 18 December 2012: Tender open
19 December 2012 · Land sales
Venture Avenue: Launched for tender
Commercial (with minimum component for office use) · status on 19 December 2012: Tender open
8 January 2013 · Land sales
Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Tender closed
Residential · status on 8 January 2013: Tender closed, award pending
9 January 2013 · Land sales
Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Awarded
Residential · status on 9 January 2013: Awarded · awarded to Pinehill Investments Pte. Ltd. at S$550,000,048
11 January 2013 · Archive event
Singapore raises ABSD, tightens housing finance and extends cooling measures to public housing, executive condominiums and industrial property
Announced 11 January 2013
24 January 2013 · Land sales
Yishun Ring Road / Yishun Avenue 9: Tender closed
Mixed commercial and residential · status on 24 January 2013: Tender closed, award pending
29 January 2013 · Land sales
Jurong West Street 41: Tender closed
Residential · status on 29 January 2013: Tender closed, award pending
31 January 2013 · Land sales
Yishun Ring Road / Yishun Avenue 9: Awarded
Mixed commercial and residential · status on 31 January 2013: Awarded · awarded to CEL Property Pte Ltd at S$212,100,000
31 January 2013 · Land sales
Jurong West Street 41: Awarded
Residential · status on 31 January 2013: Awarded · awarded to MCL Land (Prestige) Pte. Ltd. at S$438,888,000
31 January 2013 · Planning
Singapore's Land Use Plan sets out up to 700,000 new homes and 76,600 hectares of land by 2030
Announced 31 January 2013
5 February 2013 · Land sales
Commonwealth Avenue: Tender closed
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 5 February 2013: Tender closed, award pending
7 February 2013 · Land sales
Commonwealth Avenue: Awarded
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 7 February 2013: Awarded · awarded to Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited at S$562,818,171
26 February 2013 · Land sales
Punggol Point: Tender closed
Food & Beverage with or without retail use · status on 26 February 2013: Tender closed, award pending
28 February 2013 · Land sales
Sengkang West Way: Launched for tender
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 28 February 2013: Tender open
28 February 2013 · Land sales
Kim Tian Road: Launched for tender
Residential · status on 28 February 2013: Tender open
7 March 2013 · Land sales
Punggol Point: Awarded
Food & Beverage with or without retail use · status on 7 March 2013: Awarded · awarded to Fragrance Group Limited at S$11,368,800
12 March 2013 · Land sales
Venture Avenue: Tender closed
Commercial (with minimum component for office use) · status on 12 March 2013: Tender closed, award pending
13 March 2013 · Land sales
Venture Avenue: Awarded
Commercial (with minimum component for office use) · status on 13 March 2013: Awarded · awarded to Sim Lian JV (Vision) Pte Ltd at S$701,078,147
28 March 2013 · Land sales
Woodlands Avenue 5 / Woodlands Avenue 6: Launched for tender
Executive Condominium housing · status on 28 March 2013: Tender open
11 April 2013 · Land sales
Sengkang West Way: Tender closed
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 11 April 2013: Tender closed, award pending
12 April 2013 · Land sales
Sengkang West Way: Awarded
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 12 April 2013: Awarded · awarded to Secure Development Pte. Ltd. at S$262,100,000
15 April 2013 · Land sales
Anchorvale Crescent: Launched for tender
Executive Condominium housing · status on 15 April 2013: Tender open
15 April 2013 · Land sales
Fernvale Close: Launched for tender
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 15 April 2013: Tender open
15 April 2013 · Land sales
Faber Walk: Launched for tender
Residential · status on 15 April 2013: Tender open
18 April 2013 · Land sales
Kim Tian Road: Tender closed
Residential · status on 18 April 2013: Tender closed, award pending
23 April 2013 · Land sales
Kim Tian Road: Awarded
Residential · status on 23 April 2013: Awarded · awarded to Harvestland Development Pte Ltd at S$550,280,000
29 April 2013 · Land sales
Punggol Central / Edgedale Plains: Launched for tender
Executive Condominium housing · status on 29 April 2013: Tender open
9 May 2013 · Land sales
Woodlands Avenue 5 / Woodlands Avenue 6: Tender closed
Executive Condominium housing · status on 9 May 2013: Tender closed, award pending
13 May 2013 · Land sales
Woodlands Avenue 5 / Woodlands Avenue 6: Awarded
Executive Condominium housing · status on 13 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd. at S$216,000,000
15 May 2013 · Land sales
Tampines Avenue 10: Launched for tender
Residential · status on 15 May 2013: Tender open
28 May 2013 · Land sales
Woodlands Industrial Park E9: Launched for tender
Business 2 with an integrated Heavy Vehicle Park · status on 28 May 2013: Tender open
30 May 2013 · Land sales
Anchorvale Crescent: Tender closed
Executive Condominium housing · status on 30 May 2013: Tender closed, award pending
31 May 2013 · Land sales
Anchorvale Crescent: Awarded
Executive Condominium housing · status on 31 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd at S$245,577,000
13 June 2013 · Land sales
Fernvale Close: Tender closed
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 13 June 2013: Tender closed, award pending
14 June 2013 · Land sales
Fernvale Close: Awarded
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 14 June 2013: Awarded · awarded to FCL Topaz Pte. Ltd., Far East Orchard Limited and Sekisui House, Ltd. at S$256,980,000
17 June 2013 · Land sales
Yuan Ching Road / Tao Ching Road: Launched for tender
Executive Condominium housing · status on 17 June 2013: Tender open
17 June 2013 · Land sales
Punggol Drive / Edgedale Plains: Launched for tender
Executive Condominium housing · status on 17 June 2013: Tender open
18 June 2013 · Land sales
Cecil Street / Telok Ayer Street: Launched for tender
Commercial and open space (residential use will not be allowed) · status on 18 June 2013: Tender open
18 June 2013 · Land sales
Faber Walk: Tender closed
Residential · status on 18 June 2013: Tender closed, award pending
20 June 2013 · Land sales
Faber Walk: Awarded
Residential · status on 20 June 2013: Awarded · awarded to World Class Land Pte Ltd at S$156,688,000
28 June 2013 · Land sales
Yishun Avenue 2 / Yishun Central 1: Launched for tender
Mixed commercial and residential · status on 28 June 2013: Tender open
28 June 2013 · Land sales
Mount Sophia: Launched for tender
Residential · status on 28 June 2013: Tender open
28 June 2013 · Archive event
MAS introduces Total Debt Servicing Ratio framework for property loans
Announced 28 June 2013
16 July 2013 · Land sales
Tampines Avenue 10: Tender closed
Residential · status on 16 July 2013: Tender closed, award pending
19 July 2013 · Land sales
Tampines Avenue 10: Awarded
Residential · status on 19 July 2013: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$289,700,000
23 July 2013 · Land sales
Woodlands Industrial Park E9: Tender closed
Business 2 with an integrated Heavy Vehicle Park · status on 23 July 2013: Tender closed, award pending
29 July 2013 · Land sales
Woodlands Industrial Park E9: Awarded
Business 2 with an integrated Heavy Vehicle Park · status on 29 July 2013: Awarded · awarded to Incorporated Woodlands Pte Ltd at S$72,690,000
30 July 2013 · Land sales
Yuan Ching Road / Tao Ching Road: Tender closed
Executive Condominium housing · status on 30 July 2013: Tender closed, award pending
30 July 2013 · Land sales
Punggol Drive / Edgedale Plains: Tender closed
Executive Condominium housing · status on 30 July 2013: Tender closed, award pending
30 July 2013 · Land sales
Punggol Central / Edgedale Plains: Tender closed
Executive Condominium housing · status on 30 July 2013: Tender closed, award pending
2 August 2013 · Land sales
Yuan Ching Road / Tao Ching Road: Awarded
Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Evia Real Estate (5) Pte Ltd, BBR Development Pte Ltd, CNH Investment Pte Ltd and OKP Land Pte Ltd at S$272,838,888
2 August 2013 · Land sales
Punggol Drive / Edgedale Plains: Awarded
Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Peak Square Pte. Ltd. at S$312,800,000
2 August 2013 · Land sales
Punggol Central / Edgedale Plains: Awarded
Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Master Contract Services Pte Ltd / Keong Hong Construction Pte Ltd at S$156,000,000
15 August 2013 · Land sales
Cecil Street / Telok Ayer Street: Tender closed
Commercial and open space (residential use will not be allowed) · status on 15 August 2013: Tender closed, award pending
19 August 2013 · Land sales
Cecil Street / Telok Ayer Street: Awarded
Commercial and open space (residential use will not be allowed) · status on 19 August 2013: Awarded · awarded to FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust) at S$923,952,040

After (86)

29 August 2013 · Land sales
Gambas Crescent: Launched for tender
Business 1 · status on 29 August 2013: Tender open
29 August 2013 · Land sales
Gambas Crescent: Launched for tender
Business 1 · status on 29 August 2013: Tender open
5 September 2013 · Land sales
Yishun Avenue 2 / Yishun Central 1: Tender closed
Mixed commercial and residential · status on 5 September 2013: Tender closed, award pending
9 September 2013 · Land sales
Yishun Avenue 2 / Yishun Central 1: Awarded
Mixed commercial and residential · status on 9 September 2013: Awarded · awarded to North Gem Development Pte. Ltd. & FC North Gem Trustee Pte. Ltd. (as Trustee-Manager of North Gem Trust) at S$1,428,880,000
10 September 2013 · Land sales
Mount Sophia: Tender closed
Residential · status on 10 September 2013: Tender closed, award pending
12 September 2013 · Land sales
Mount Sophia: Awarded
Residential · status on 12 September 2013: Awarded · awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and S C Wong Holdings Pte Ltd at S$442,280,000
18 September 2013 · Land sales
Havelock Road: Launched for tender
Hotel · status on 18 September 2013: Tender open
30 September 2013 · Land sales
Upper Serangoon View: Launched for tender
Residential · status on 30 September 2013: Tender open
30 September 2013 · Land sales
Upper Serangoon View: Launched for tender
Residential · status on 30 September 2013: Tender open
17 October 2013 · Land sales
Gambas Crescent: Tender closed
Business 1 · status on 17 October 2013: Tender closed, award pending
17 October 2013 · Land sales
Gambas Crescent: Tender closed
Business 1 · status on 17 October 2013: Tender closed, award pending
23 October 2013 · Land sales
Gambas Crescent: Awarded
Business 1 · status on 23 October 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$44,777,000
23 October 2013 · Land sales
Gambas Crescent: Awarded
Business 1 · status on 23 October 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$46,333,000
31 October 2013 · Land sales
Westwood Avenue: Launched for tender
Executive Condominium housing · status on 31 October 2013: Tender open
31 October 2013 · Land sales
Gambas Crescent: Launched for tender
Business 1 · status on 31 October 2013: Tender open
12 November 2013 · Land sales
Havelock Road: Tender closed
Hotel · status on 12 November 2013: Tender closed, award pending
18 November 2013 · Land sales
Anchorvale Crescent: Launched for tender
Executive Condominium housing · status on 18 November 2013: Tender open
18 November 2013 · Land sales
Canberra Drive: Launched for tender
Executive Condominium housing · status on 18 November 2013: Tender open
18 November 2013 · Land sales
Upper Paya Lebar Road: Launched for tender
Residential · status on 18 November 2013: Tender open
18 November 2013 · Land sales
Havelock Road: Awarded
Hotel · status on 18 November 2013: Awarded · awarded to I Hotel Pte. Ltd. at S$30,090,000
22 November 2013 · Land sales
East Coast Road: Launched for tender
Hotel · status on 22 November 2013: Tender open
28 November 2013 · Land sales
Upper Serangoon View: Tender closed
Residential · status on 28 November 2013: Tender closed, award pending
28 November 2013 · Land sales
Upper Serangoon View: Tender closed
Residential · status on 28 November 2013: Tender closed, award pending
2 December 2013 · Land sales
Upper Serangoon View: Awarded
Residential · status on 2 December 2013: Awarded · awarded to Kingsford Development Pte Ltd at S$258,800,000
2 December 2013 · Land sales
Upper Serangoon View: Awarded
Residential · status on 2 December 2013: Awarded · awarded to Kingsford Development Pte Ltd at S$201,630,000
9 December 2013 · Archive event
Singapore cuts the EC cancellation fee to 5%, adds a resale levy for second-timers and caps MSR at 30% on EC bank loans
Announced 9 December 2013
10 December 2013 · Land sales
Gambas Crescent: Tender closed
Business 1 · status on 10 December 2013: Tender closed, award pending
13 December 2013 · Land sales
Gambas Crescent: Awarded
Business 1 · status on 13 December 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$39,333,000
16 December 2013 · Land sales
Choa Chu Kang Grove (Parcel A): Launched for tender
Executive Condominium housing · status on 16 December 2013: Tender open
16 December 2013 · Land sales
Choa Chu Kang Grove (Parcel B): Launched for tender
Executive Condominium housing · status on 16 December 2013: Tender open
16 December 2013 · Land sales
Yishun Avenue 9 / Yishun Avenue 6: Launched for tender
Residential · status on 16 December 2013: Tender open
16 December 2013 · Land sales
Geylang East Avenue 1: Launched for tender
Residential · status on 16 December 2013: Tender open
17 December 2013 · Land sales
Woodlands Square: Launched for tender
Commercial · status on 17 December 2013: Tender open
30 December 2013 · Land sales
Sims Drive: Launched for tender
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 30 December 2013: Tender open
7 January 2014 · Land sales
Westwood Avenue: Tender closed
Executive Condominium housing · status on 7 January 2014: Tender closed, award pending
14 January 2014 · Land sales
Westwood Avenue: Awarded
Executive Condominium housing · status on 14 January 2014: Awarded · awarded to Changi Properties Pte. Ltd. & Heeton Homes Pte. Ltd. at S$198,900,000
14 January 2014 · Land sales
Upper Paya Lebar Road: Tender closed
Residential · status on 14 January 2014: Tender closed, award pending
15 January 2014 · Land sales
Upper Paya Lebar Road: Awarded
Residential · status on 15 January 2014: Awarded · awarded to UOL Overseas Investments Pte Ltd at S$392,300,000
21 January 2014 · Land sales
East Coast Road: Tender closed
Hotel · status on 21 January 2014: Tender closed, award pending
23 January 2014 · Land sales
Geylang East Avenue 1: Tender closed
Residential · status on 23 January 2014: Tender closed, award pending
24 January 2014 · Land sales
East Coast Road: Awarded
Hotel · status on 24 January 2014: Awarded · awarded to Master Contract Services Pte Ltd and Keong Hong Construction Pte Ltd at S$352,800,000
24 January 2014 · Land sales
Geylang East Avenue 1: Awarded
Residential · status on 24 January 2014: Awarded · awarded to S L (Serangoon) Pte Ltd at S$145,890,000
28 January 2014 · Land sales
Canberra Drive: Tender closed
Executive Condominium housing · status on 28 January 2014: Tender closed, award pending
29 January 2014 · Land sales
Canberra Drive: Awarded
Executive Condominium housing · status on 29 January 2014: Awarded · awarded to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. at S$226,000,000
13 February 2014 · Land sales
Anchorvale Crescent: Tender closed
Executive Condominium housing · status on 13 February 2014: Tender closed, award pending
19 February 2014 · Land sales
Anchorvale Crescent: Awarded
Executive Condominium housing · status on 19 February 2014: Awarded · awarded to Phoenix Real Estate Pte Ltd at S$192,888,888
25 February 2014 · Land sales
Choa Chu Kang Grove (Parcel A): Tender closed
Executive Condominium housing · status on 25 February 2014: Tender closed, award pending
25 February 2014 · Land sales
Choa Chu Kang Grove (Parcel B): Tender closed
Executive Condominium housing · status on 25 February 2014: Tender closed, award pending
28 February 2014 · Land sales
Prince Charles Crescent: Launched for tender
Residential · status on 28 February 2014: Tender open
3 March 2014 · Land sales
Choa Chu Kang Grove (Parcel A): Awarded
Executive Condominium housing · status on 3 March 2014: Awarded · awarded to MCL Land (Brighton) Pte. Ltd. at S$232,500,000
3 March 2014 · Land sales
Choa Chu Kang Grove (Parcel B): Awarded
Executive Condominium housing · status on 3 March 2014: Awarded · awarded to MCL Land (Brighton) Pte. Ltd. at S$210,100,000
11 March 2014 · Land sales
Yishun Avenue 9 / Yishun Avenue 6: Tender closed
Residential · status on 11 March 2014: Tender closed, award pending
13 March 2014 · Land sales
Yishun Avenue 9 / Yishun Avenue 6: Awarded
Residential · status on 13 March 2014: Awarded · awarded to EL Development Pte Ltd at S$278,800,000
27 March 2014 · Land sales
Yishun Street 51 (Parcel A): Launched for tender
Executive Condominium housing · status on 27 March 2014: Tender open
27 March 2014 · Land sales
Yishun Street 51 (Parcel B): Launched for tender
Executive Condominium housing · status on 27 March 2014: Tender open
8 April 2014 · Land sales
Woodlands Square: Tender closed
Commercial · status on 8 April 2014: Tender closed, award pending
16 April 2014 · Land sales
Prince Charles Crescent: Tender closed
Residential · status on 16 April 2014: Tender closed, award pending
17 April 2014 · Land sales
Woodlands Square: Awarded
Commercial · status on 17 April 2014: Awarded · awarded to Far East Civil Engineering (Pte.) Limited, Tannery Holdings Pte Ltd and Sekisui House, Ltd. at S$633,999,000
21 April 2014 · Land sales
Prince Charles Crescent: Awarded
Residential · status on 21 April 2014: Awarded · awarded to UOL Venture Investments Pte. Ltd. and Kheng Leong Company (Private) Limited at S$463,100,000
29 April 2014 · Land sales
Sims Drive: Tender closed
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 29 April 2014: Tender closed, award pending
29 April 2014 · Land sales
Woodlands Avenue 12: Launched for tender
Business 1 with an integrated Heavy Vehicle Park · status on 29 April 2014: Tender open
30 April 2014 · Land sales
Sims Drive: Awarded
Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 30 April 2014: Awarded · awarded to First Changi Development Pte Ltd at S$530,891,000
30 April 2014 · Land sales
Meyappa Chettiar Road: Launched for tender
Commercial and Residential · status on 30 April 2014: Tender open
22 May 2014 · Land sales
Yishun Street 51 (Parcel A): Tender closed
Executive Condominium housing · status on 22 May 2014: Tender closed, award pending
22 May 2014 · Land sales
Yishun Street 51 (Parcel B): Tender closed
Executive Condominium housing · status on 22 May 2014: Tender closed, award pending
26 May 2014 · Land sales
Yishun Street 51 (Parcel A): Awarded
Executive Condominium housing · status on 26 May 2014: Awarded · awarded to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. at S$178,500,000
26 May 2014 · Land sales
Yishun Street 51 (Parcel B): Awarded
Executive Condominium housing · status on 26 May 2014: Awarded · awarded to JBE Holdings Pte Ltd at S$184,130,000
29 May 2014 · Land sales
Sembawang Avenue: Launched for tender
Executive Condominium housing · status on 29 May 2014: Tender open
6 June 2014 · Planning
Singapore gazettes Master Plan 2014 as its statutory land use plan, concluding the review of the Draft Master Plan 2013
Announced 6 June 2014
24 June 2014 · Land sales
Gambas Crescent / Sembawang Avenue: Launched for tender
Business 1 · status on 24 June 2014: Tender open
26 June 2014 · Land sales
Choa Chu Kang Drive: Launched for tender
Executive Condominium housing · status on 26 June 2014: Tender open
26 June 2014 · Land sales
Fernvale Road: Launched for tender
Residential · status on 26 June 2014: Tender open
26 June 2014 · Land sales
Fernvale Road: Launched for tender
Residential · status on 26 June 2014: Tender open
1 July 2014 · Land sales
Woodlands Avenue 12: Tender closed
Business 1 with an integrated Heavy Vehicle Park · status on 1 July 2014: Tender closed, award pending
4 July 2014 · Land sales
Woodlands Avenue 12: Awarded
Business 1 with an integrated Heavy Vehicle Park · status on 4 July 2014: Awarded · awarded to Wee Hur Development Pte Ltd at S$76,900,000
10 July 2014 · Land sales
Sembawang Avenue: Tender closed
Executive Condominium housing · status on 10 July 2014: Tender closed, award pending
14 July 2014 · Land sales
Sembawang Avenue: Awarded
Executive Condominium housing · status on 14 July 2014: Awarded · awarded to FCL Tampines Court Pte. Ltd. and KH Capital Pte. Ltd. at S$214,080,000
7 August 2014 · Land sales
Fernvale Road: Tender closed
Residential · status on 7 August 2014: Tender closed, award pending
7 August 2014 · Land sales
Fernvale Road: Tender closed
Residential · status on 7 August 2014: Tender closed, award pending
8 August 2014 · Land sales
Fernvale Road: Awarded
Residential · status on 8 August 2014: Awarded · awarded to CEL Development Pte. Ltd. and Unique Residence Pte. Ltd. at S$234,933,000
8 August 2014 · Land sales
Fernvale Road: Awarded
Residential · status on 8 August 2014: Awarded · awarded to CEL Development Pte. Ltd. and Unique Residence Pte. Ltd. at S$252,122,000
18 August 2014 · Land sales
Sembawang Road / Canberra Link: Launched for tender
Executive Condominium housing · status on 18 August 2014: Tender open
18 August 2014 · Land sales
Lorong Puntong: Launched for tender
Residential · status on 18 August 2014: Tender open
19 August 2014 · Land sales
Meyappa Chettiar Road: Tender closed
Commercial and Residential · status on 19 August 2014: Tender closed, award pending
20 August 2014 · Land sales
Meyappa Chettiar Road: Awarded
Commercial and Residential · status on 20 August 2014: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$471,618,000
26 August 2014 · Land sales
Gambas Crescent / Sembawang Avenue: Tender closed
Business 1 · status on 26 August 2014: Tender closed, award pending

Recorded relationships

Singapore cuts the EC cancellation fee to 5%, adds a resale levy for second-timers and caps MSR at 30% on EC bank loans has as a structural ancestor this event.

Methodology5 rules

Comparison anchored to effective date: 27 August 2013. 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 (2)

Primary sources2

More Help, Stronger Support, Better Homes (MND and HDB joint press release, Annex C sets out revised mortgage loan terms and effective dates)
Ministry of National Development · Primary source · Published 27 August 2013
Open original source
MAS Notice 825, Residential Property Loans (Finance Companies), issued 27 August 2013, effective 28 August 2013. Cited as the current consolidated version, last revised 21 August 2025.
Monetary Authority of Singapore · Primary source · Published 27 August 2013
Open original source

Event checked against its primary sources on 14 August 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.