Here’s issue #13 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).

1. HDB launches record supply of flats for sale

The Housing & Development Board (HDB) launched more than 8,200 flats
for sale yesterday, under the joint Build-To-Order (BTO) and Sale of
Balance Flats (SBF) exercises.

2. Average mass market home prices hit S$1 million

Average prices of mass market homes in suburban areas have exceeded
the psychological threshold of S$1 million, according to a Straits
Times report.

3. Centrale 8 sales better than expected, but hardly robust

Sim Lian Group’s Centrale 8 project in Tampines has seen more units
sold than expected, even after it received widespread criticism for
its record price of S$880,000 for a five-room flat.

4. EC sales pick up with new income ceiling

Sales of executive condos (ECs) have picked up after last ...