'Failed as a father': Man jailed for sexually abusing teenage daughter over 3 years

SINGAPORE: Over three years, a man sexually abused his teenage daughter, who attempted suicide two times after the acts.

He was jailed for 21-and-a-half years on Monday (Oct 2) after pleading guilty to one charge of aggravated sexual assault and two charges of sexual assault.

Another nine charges for sexual offences against the same victim were considered for sentencing.

The man, now 62, cannot be named as this could lead to the identification of the victim, who is his biological daughter.

He was working as a taxi driver and was the family’s sole breadwinner at the time of the offences.

Prosecutors said that the man started sexually grooming his daughter in 2016, when she was 12 or 13, by showing her pornography when they were alone at home.

It was after one such occasion that he escalated to acts that outraged her modesty. The girl was shocked and uncomfortable, and pushed him away.

“The accused told the victim not to tell anyone about what he had done and that if she did so, the family would fall apart,” said Deputy Public Prosecutors Emily Koh and Sruthi Boppana.

“The accused also told the victim that he was teaching her how to protect herself as he performed these acts on her.”

A few days after that, the man entered his daughter’s bedroom when she was playing games on her phone and sexually assaulted her.

The sexual abuse continued in their family home throughout 2017 and 2018.

The victim did not tell anyone about it as she knew her family, which also comprised her mother and a younger sister, depended on her father financially.

She also did not know that what the offender had done to her was wrong. Although she felt uncomfortable, she feared reprisal if she tried to stop him, said prosecutors.

Sometime in 2018, when the victim was 14 or 15 years old, she began to realise what the offender had been doing to her was wrong.

She confided in a close friend, who referred her to a rape helpline. She called the helpline and was advised to tell her mother about the incidents.

When she confided in her mother, the woman confronted her husband about the assaults. Sometime later that year, the offender moved out of the family home.

Years later, the victim’s mother disclosed the matter to a friend, who reported it to authorities in February 2022.

IMPACT ON VICTIM

The victim started receiving psychiatric treatment in 2021 and was diagnosed with major depressive disorder and borderline personality disorder.

She attempted suicide twice, in 2021 and 2023, and was warded at the Institute of Mental Health after the first attempt.

In a victim impact statement, she described being “mentally affected” after the matter was reported to the police. She blamed herself and felt guilty as her family had “broken apart”.

She felt lonely as her relationships with her family and friends had been affected, and described feeling disturbed and upset whenever she thought about the abuse.

The victim also expressed anxiety about having to attend court proceedings, and said she was nervous and concerned about the outcome.

These issues affected her daily life and she was unable to focus on her studies.

Prosecutors said the offender had “grossly abused his position as a father” and “failed to live up to even the most basic tenets of fatherhood”.

“When a parent subjects their child to sexual abuse, there is a dual wrong,” they said. “Not only has he committed a serious crime, he has also violated the trust placed in him by society and by the victim.”

They argued that he showed premeditation in his sexual abuse by grooming the victim, and emotionally manipulated her to keep silent.

Noting the victim’s diagnoses and suicide attempts, they also argued that it is an aggravating factor when sexual assault results in serious mental effects like psychiatric illness.

The prosecution sought between 19 and 23 years’ jail, and an additional 12 months in lieu of the statutory maximum 24 strokes of the cane.

The offender cannot be caned as he is above 50.

Defence counsel Sim Bing Wen noted that given the offender’s age, he may spend the rest of his life behind bars.

Mr Sim said his client “knows that he has failed as a father” and regretted his actions, but hoped to be able to make amends, such as by giving his children financial support after his release.

Justice Valerie Thean sentenced the offender to 20-and-a-half years in jail, with an additional year’s imprisonment in lieu of 24 strokes of the cane.

For aggravated sexual assault of a child under 14, he could have been jailed for between eight and 20 years and given at least 12 strokes of the cane.

For each charge of sexual assault, he could have been jailed for up to 20 years and fined or caned.

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Johnny Kitagawa: Hundreds seek compensation over J-pop agency founder's abuse

Johnny KitagawaGetty Images

More than 300 people are seeking compensation for being sexually abused by Japan’s top talent agent, the late Johnny Kitagawa, his agency says.

Allegations against Kitagawa, who died in 2019, came into prominence again after a BBC documentary inspired more victims to come forward.

In September, an independent inquiry concluded that the music mogul had abused hundreds of boys and young men over a six-decade career.

It also urged compensation for victims.

The Johnny & Associates agency on Monday revealed 478 people had responded to a website it had set up for recompense- 325 of whom were seeking compensation as victims. The agency said 150 of these people were former talents.

The pop agency renamed itself -SMILE-UP- and said the newly named entity would deal solely with identifying and compensating victims. A new company will be created to manage the talent.

The agency has said it will sort determine financial pay-outs for each victim on a case-by-case basis.

Earlier this year the agency had apologised to victims and following the inquiry’s findings, the then chief executive Julie Fujishima – Kitagawa’s niece- stepped down.

She has been replaced by Noriyuki Higashiyama, a television star and singer in Japan who has also been accused of sexual misconduct – allegations he denied on Monday.

“I have never sexually harassed anyone. Some people may have felt I was power-harassing them, but it was 35-40 years ago, and I probably wouldn’t have been able to understand what sexual abuse is,” he said.

Upon taking the leadership mantle in early September, Higashiyama said the agency was not sure if it would depart from the Johnnys name.

The restructure is believed to be an attempt to win back public acceptance – major Japanese companies such as Nissan, Asahi and Suntory dropped the agency’s talent after the inquiry.

The Kitagawa scandal in Japan has drawn comparisons with Hollywood mogul Harvey Weinstein who was convicted of rape and sexual assault.

However Kitagawa never faced criminal charges and he remained a revered figure until his death at age 87 in 2019 – with his passing also drawing public condolences from Japan’s prime minister at the time.

The J-pop industry titan was seen as one of the richest and most powerful men in Japan. For decades, he was responsible for launching the country’s most famous boybands and artists.

His abuse was also considered an open secret in Japan’s music industry. He faced allegations for much of his career and some cases against him were even proven in civil court- however he also successfully sued for defamation over those reports and always denied wrongdoing.

Most mainstream Japanese media also did not cover the allegations for decades, prompting accusations of an industry cover-up.

Then in March, the BBC’s documentary Predator: The Secret Scandal of J-Pop which detailed Kitagawa’s abuse was aired, sparking national discussion and calls for a full investigation.

Several victims told the BBC they thought their careers would be harmed if they did not comply with Kitagawa’s sexual demands.

The broadcast led to more victims coming forward – including a former J-pop idol Kauan Okamato- who deliberately held his press conference the at Foreign Correspondents Club in Tokyo for international media. He revealed he had been sexually abused by Kitagawa for four years, from the age of 15.

He and several other victims spoke out after the resignation of Ms Fujishima last month. Her resignation also marked the agency’s first public acknowledgement of Kitagawa’s crimes.

One man who identified as a victim spoke at a press conference held by the Johnny’s Sexual Assault Victims’ Association.

“I’ve learned that if you decide to act, you can change things. We don’t have to walk looking down – we can look forward,” he said.

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Parliament to hear three ministerial statements on Singapore's anti-money laundering efforts

SINGAPORE: The recent billion-dollar money laundering case will be addressed in three ministerial statements at the next Parliament sitting on Tuesday (Oct 3). According to the order paper released on Monday, Second Minister for Home Affairs Josephine Teo, Minister of State for Trade and Industry Alvin Tan, and Second MinisterContinue Reading

Cold case solved: Stranger who sexually assaulted 6-year-old girl during hide-and-seek gets jail

SINGAPORE: A stranger who sexually assaulted a six-year-old girl while she played hide-and-seek at the void deck of a Housing Board block was sentenced to 11 years’ jail on Monday (Oct 2).

Police solved the cold case from 2014 through DNA profiling after the offender, Lau Seng Kee, was arrested for an obscene act in front of another child last year.

His DNA matched with DNA taken from semen in the 2014 sexual assault, which had been stored in a database for eight years.

After being nabbed, Lau, now 60, admitted to police that he had previously masturbated in front of primary school girls in uniform.

He also admitted to six or seven instances when he went around looking specifically for “round-faced” young primary school girls, prosecutors said.

He pleaded guilty to one charge of aggravated sexual assault involving the six-year-old victim.

Two other charges were considered for sentencing – for sexual exploitation of the six-year-old on the same occasion in 2014, and for an obscene act committed in public in front of another young girl in 2022.

VICTIM SUFFERED “RECURRING THOUGHTS” ABOUT THE ASSAULT

Around noon on Feb 21, 2014, the six-year-old victim and her eight-year-old sister were at the void deck of a Housing and Development Board block.

The identity of the victim and the location of the offence are gagged by court order.

The sisters, who were accompanied by their maid, decided to play hide-and-seek. The victim was wearing her primary school physical education uniform at the time.

During the game, she saw Lau loitering at a staircase area in the void deck. She ignored him, but noticed that he was smiling at her from a distance.

Unable to find her sister, the victim went to search the staircase area. Lau beckoned to her to follow him and she did so, following him up a flight of stairs.

At the staircase landing, Lau turned to face the victim and suddenly exposed his private parts to her.

He made a suggestive comment to the victim and directed her to touch him and perform a sexual act. 

After the assault, Lau smiled at the victim and walked up the stairs. The girl went back down, where her sister asked where she had gone, and she told her sister what had happened.

The school bus then came and both sisters boarded it. Later that night, during dinner, the victim told her father what had happened and he lodged a police report.

During the assault, Lau’s semen got onto the girl’s shirt. DNA profiles were obtained from the semen and stored in the Health Sciences Authority’s database.

The victim saw a child psychiatrist in March 2014, who reported that the girl suffered from “recurring thoughts” about the assault.

“Despite the police’s best efforts, they were unable to establish any actionable leads and the investigative efforts ceased in 2020 after almost six years of work,” said prosecutors.

The breakthrough came in May 2022. Police got a call from a parent who identified Lau as the man who had stared at and approached his nine-year-old daughter at a playground, even offering to buy her ice cream.

While the police were interviewing Lau, a cleaner came by and told officers he had seen Lau masturbating in public about two to three weeks ago in front of a girl aged nine or 10, who was crying.

The cleaner had given chase but lost sight of Lau, and had been looking out for him ever since.

Police arrested Lau and took a DNA sample from him. It registered a cold hit against the DNA profile from the 2014 case, identifying him as the suspect.

CAUSES DEEP PUBLIC DISQUIET, SAYS PROSECUTION

During sentencing arguments, Deputy Public Prosecutors Wong Woon Kwong and Jean Goh said serious sexual crimes committed against children cause deep public disquiet.

In this case, they pointed out that the assault was carried out in broad daylight in a public housing estate against a child who was a stranger to the offender.

“This causes significant unease to the public at large and to parents in particular, who ought to be able to have their children play in HDB void decks without fear of sexual assault,” they argued.

They described Lau’s conduct as “predatory”, as he laid in wait for the victim and lured her away from her sister and maid to an isolated stairwell.

They noted the victim’s vulnerability given her age, which is significantly younger than the age ceiling of 14 years for the offence of aggravated sexual assault.

The prosecutors also argued that Lau’s 2022 offence “makes clear that the passage of time had not dampened the accused’s alarming sexual predilection for young girls”.

They sought nine-and-a-half to 11-and-a-half years’ jail for Lau, with an additional six months in lieu of 12 strokes of the cane.

Lau cannot be caned as he is above 50.

Defence counsel Kalaithasan Karuppaya and Cheryl Sim asked for a shorter sentence, highlighting that Lau pleaded guilty instead of claiming trial.

Ms Sim told the court her client was deeply apologetic and ashamed, and that he had lost his job and the trust of friends and loved ones as a result of his actions.

Justice Valerie Thean sentenced Lau to 10-and-a-half years’ jail, with an additional six months in lieu of 12 strokes of the cane.

Lau could have been jailed for eight to 20 years for the offence, which also carries a mandatory minimum penalty of at least 12 strokes of the cane.

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Woman who lost lawsuit against psychiatrist ex-lover faces bankruptcy after failing to pay S$250,000 claim

SINGAPORE: A woman who lost her lawsuit against her ex-lover for medical negligence is now facing bankruptcy after failing to pay more than S$250,000 (US$182,600) in costs and other fees to him. 

Ms Serene Tiong Sze Yin took Dr Chan Herng Nieng, a psychiatrist, to court in 2020, accusing him of making her addicted to Xanax, a medication to treat anxiety, during their relationship from 2017 to 2018.

Dr Chan, a medical professional with around 20 years of experience, previously ran his own practice at Capital Mindhealth Clinic.

Ms Tiong, who was married, began an affair with Dr Chan in January 2017, according to previous media reports. Dr Chan, then single, gave Ms Tiong Xanax tablets for her anxiety. 

The duo broke up around May 2018, after Ms Tiong found explicit WhatsApp messages between Dr Chan and his then-close friend, colorectal surgeon Julian Ong about their sexual exploits with other women. Ms Tiong filed a complaint with the Singapore Medical Council, which launched an investigation and disciplinary proceedings. 

In turn, Dr Ong sued Ms Tiong for defamation for claiming that he and Dr Chan had colluded to take sexual advantage of their patients. Dr Ong won the lawsuit on appeal

However both Dr Ong and Dr Chan were found guilty of improper conduct and suspended from practice. On appeal by the Singapore Medical Council, both doctors had their suspensions extended in December last year

Ms Tiong also sued Dr Chan, claiming that he prescribed her Xanax, which she suffered a side effect from, and later became addicted to. 

She also alleged that Dr Chan had told her that he was committed to a long-term and exclusive sexual relationship with her. Subsequently, Ms Tiong suffered a mental and emotional breakdown when she discovered that Dr Chan was having sexual relations with other married women during their relationship. 

In July last year, the High Court rejected Ms Tiong’s claims. The judge found Ms Tiong’s testimony to be unreliable and her claims to be an “abuse of the court process”.

The judge ruled that the lawsuit was, at its core, a lover’s spat, and described it as “the latest episode in Ms Tiong’s plot for revenge against the one who spurned her”.

The court ordered Ms Tiong to pay costs to Dr Chan, but Ms Tiong has not been able to pay her debt, amounting to S$250,475.40 in court documents seen by CNA.

The sum includes costs arising from the lawsuit, and from related applications, such as Dr Chan’s application to revoke a subpoena issued by Ms Tiong. 

Dr Chan filed a bankruptcy application against his former lover on Sep 22 this year. In an affidavit supporting the application, he said that his solicitors served a statutory demand setting out the debt to Ms Tiong on Jun 13 this year. 

The statutory demand stated that Ms Tiong should apply to set it aside within 14 days, or settle her debts within 21 days – or by Jul 4 this year – failing which she could be made bankrupt, and her property and goods seized. 

However Ms Tiong did not comply, or apply to set aside the statutory demand. 

“I therefore believe that Ms Tiong is presumed to be unable to pay her debts,” Dr Chan stated. Dr Chan then filed the bankruptcy application to recover the debt. 

The hearing for the application is fixed on Oct 26, during which the court may decide to grant the bankruptcy order. If Ms Tiong is unable to repay the debt, she will be declared a bankrupt and her assets taken.  

In response to queries about the application, Ms Tiong said she was a single mother raising a teenage boy, while her father was unemployed. 

She also said she is servicing a Housing Board (HDB) mortgage. 

Asked if she intends to challenge the application, Ms Tiong said: “I have no choice. (I) can’t pay up.

“(I am) shocked, sad. I can’t travel with my son. I wanted to bring him overseas. (The bankruptcy application is an) embarrassment to my family. I tried so hard, worked so hard, yet I lost,” she said. 

CNA has contacted Dr Chan for comments through his lawyer. 

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Singapore private home prices remain 'broadly flat' in third quarter: URA flash estimates

The prices of non-landed private residential properties went up by 2.1 per cent, compared to the 0.6 per cent decrease in the previous quarter.

The increase was due to higher prices in the Rest of Central Region (RCR) and Outside Central Region (OCR), where it increased by 2.3 per cent and 5.1 per cent respectively.

Ms Christine Sun, OrangeTee & Tie’s senior vice president of research and analytics, pointed out that “most of the new launches were from OCR and RCR last quarter; thus, prices rose faster in these two segments”.

She noted that the new launches in OCR include Lentor Hills Residences, The Myst, The Lakegarden Residences and The Arden, while those in RCR include Grand Dunman and Pinetree Hill.

Singapore Realtors Inc’s head of research and data analytics Mohan Sandrasegeran said there was more interest garnered for the new launches in the third quarter of 2023, with developer sales in July surging to a total of 1,412 units.

“This resurgence was primarily driven by the launch of several noteworthy projects throughout the third quarter, which injected a much-needed vibrancy in the new sales segment,” he said.

Prices in the Core Central Region (CCR) fell further by 2.6 per cent in the third quarter, from the 0.1 decline in the previous quarter.

The latest property cooling measures in April “had a greater impact on the CCR as the proportion of foreigners buying residential properties tends to be higher”, said Huttons Asia’s senior director for research Mr Lee Sze Teck.

The Additional Buyers’ Stamp Duty (ABSD) has cooled interest from foreigners, said ERA Singapore CEO Mr Marcus Chu.

“Furthermore, some buyers have postponed their homebuying plans during the Hungry Ghost Festival that took place from mid-August for a month.”

Edmund Tie’s head of research and consulting Mr Lam Chern Woon also noted the impact of the added ABSD for foreigners, and added that the recent billion-dollar money laundering case “has also dampened market sentiment in this segment”.

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China Belt and Road: Indonesia opens Whoosh high-speed railway

Indonesia's launch of its China-backed high-speed railway will be a first of its kind in South East AsiaGetty Images

Indonesia has inaugurated its first high-speed railway, a $7.3bn (£5.9) project backed by China under its Belt and Road Initiative.

President Joko Widodo launched the service, which connects the capital Jakarta to Bandung, a top economic hub.

The railway is named Whoosh, a Bahasa Indonesia acronym that translates to time-saving and reliable.

Mr Widodo has prioritised projects like Whoosh to ease the country’s severe traffic jams.

The railway was originally scheduled to open in 2019 but was delayed due to land disputes, the Covid-19 pandemic and a $1.2bn (£984m) budget overrun.

Monday’s inauguration was pushed back from Sunday to accommodate Mr Jokowi’s schedule.

Whoosh is operated by PT KCIC, a joint-venture made up of four Indonesian state companies and Beijing’s China Railway International.

Its name is short for “Waktu Hemat, Operasi Optimal, Sistem Handal”, or “Timesaving, Optimal Operation, Reliable System” in the local language. It can reach speeds of up to 350km/h (217mph) with the journey spanning 142km.

Indonesian officials say the high-speed railway is expected to improve economic productivity. They also tout the fact that the trains are powered by electricity, which will help reduce the country’s carbon emissions.

Bandung, the capital of West Java province, is touted as Indonesia’s answer to Silicon Valley.

There are talks to extend Woosh to Surabaya, a major port city and capital of East Java province.

Some critics say the sheer cost of the project may weigh on Indonesia’s public finances, which are already strained by the pandemic. Mr Jokowi agreed to use state funds to help the project overcome delays.

The project is part of Chinese President Xi Jinping’s 10-year-old Belt and Road initiative, an ambitious plan to connect Asia with Africa and Europe through a series of land and sea networks via investments in local infrastructure.

Indonesia, South-east Asia’s largest economy, has been actively seeking investments from China, its largest trade partner.

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Golden Week: Budget travel takes off in China

Visitors on the Yangtze River bridge in WuhanGetty Images

China’s gloomy economy has not dampened its people’s wanderlust.

It is seeing record travel for the annual Golden Week holiday despite slow growth, high youth unemployment and a property market in crisis.

More than 21 million people will fly during the 10-day break, which began on Friday, according to China’s civil aviation regulator.

That includes 14,000 domestic flights a day as young Chinese on a shoestring budget look to explore closer to home.

Eager to kick off more “revenge travel” after prolonged Covid-19 lockdowns, they took to social media in the weeks leading up to Golden Week to swap advice on how to make the most of the holiday even as they tighten their purse strings.

Gaoyang, for instance, said he plans to cover nine Chinese cities, clocking 6000km between all of them, in just eight days. He considers himself a “special forces traveller”, a term for roughing it out so you can run through a packed yet cheap holiday schedule. Gaoyang’s itinerary involves scaling four mountains.

Others have flooded their feeds with hour-by-hour itineraries, detailed breakdowns of their budget and recommendations for affordable places to eat. A hashtag challenging people to “trek from China’s south to north” was widely discussed on Weibo while other popular topics included “budget travel” and “traveling on a whim”.

China’s national railway said it plans to run 12,000-odd trains each day over the holiday – a 20% jump on an average day otherwise – to meet the increased demand. Domestic travel bookings – for air and train tickets, hotel reservations and tour packages – for Golden Week surged by 88% compared to the previous week, said online travel agency Trip.com. And they are up by more than four times compared to the same period last year.

Top domestic destinations include Beijing, Shanghai, Chengdu and Hangzhou, which is currently hosting the Asian Games. Cities in the northwest, known for their scenic autumn landscapes, like Burqin and Urumqi in Xinjiang are also expecting more tourists, according to Trip.com.

But the average spend per traveller may not stack up against the increased traffic, warns Gary Bowerman, director of travel marketing firm Check-in Asia. He said the spends had been lower than forecast during the last Golden Week break in May when domestic travel had rebounded to pre-pandemic levels. The May holiday is typically one of China’s busiest travel seasons, and it was also the first since Covid restrictions were fully lifted.

Passengers travel at Nanjing South Railway Station in Nanjing, East China's Jiangsu province, Sept 28, 2023.

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Local businesses that are vying for tourism dollars seem well aware of shrunken budgets. Some travel agencies are promoting “pure fun, no shopping” group tours to assure prospective customers that there are no hidden costs. Chinese food delivery and e-commerce app Dianping is encouraging people to take a nationwide food tour: “The motherland is so big, let’s go eat,” reads the tagline on one of its pages on Weibo.

But the deals haven’t tempted some, such as public relations executive Sally. The 30-year-old says she decided to stay put this Golden Week, instead taking only a day-trip with her friends to the outskirts of Beijing, where she lives.

“There is so much to see and explore within China. Of course we all want to enjoy ourselves, but the thought of spending money and the guilt that comes with it doesn’t interest me,” she said.

But on the whole, otherwise cautious consumers appear to be willing to splurge on one-time expenses like travel, said Steve Saxon, who leads consulting firm McKinsey’s travel practice in Asia. While domestic travel is certainly a boost for the sluggish economy, he said it’s not yet clear whether this is still the result of “pent-up demand because of travel restrictions” that had been in place for three years, or if the “demand will be long-lasting”.

This is also the first long holiday since China ended restrictions on people travelling outside of the country – it lifted a ban on group tours to more than 70 countries in August.

Tourists visit the Hongya Cave scenic spot during the Mid-Autumn Festival and National Day holiday on September 30, 2023 in Chongqing, China.

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Most people still have some reservations about travelling out of China, with data from travel analytics firm ForwardKeys showing outbound travels down 40% when compared with 2019.

But momentum seems to be picking up, with Malaysia, Thailand, and South Korea expected to see a larger number of Chinese tourists this week compared with Golden Week in 2019.

“I wanted to go somewhere abroad because anywhere in China would be so, so crowded,” says journalist Yucca Yu who has planned an eight-day trip to Malaysia, which includes hiking up the country’s highest mountain, Mount Kinabalu. He said he picked South East Asia because he didn’t want to spend “too much” on flights.

“I guess people like me are still ‘revenge travelling’ because I haven’t travelled abroad for leisure in years,” he added.

“I will have to save up in other aspects of life – living in poverty but travelling richly.”

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More tickets for Coldplay's Singapore concerts go on sale Oct 3

Tickets will be available online via Ticketmaster, at SingPost outlets and through the hotline +65 3158 8588.

Coldplay will play six concerts at the Singapore National Stadium next year, taking place on Jan 23, 24, 26, 27, 30 and 31.

Demand for the tickets far outweighed the supply when they initially went on sale, leaving many fans empty-handed.

In all likelihood, it will be just as tough to get these newly released tickets so make sure you plan your buying strategy now

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HDB resale prices may keep rising moderately for rest of 2023: Analysts

Meanwhile, HDB resale transactions also fell to their lowest quarterly volume in three years, according to Monday’s flash estimates.

Resale volume for the third quarter – up to Sep 28 – was 6,592. While this was 2.9 per cent higher than the previous quarter, it was 9.7 per cent lower than the same period last year, which saw 7,298 cases. 

Ms Sun said more Singaporeans bought HDB resale flats last quarter due to more grants given to first-timers and a delay in August’s Build-to-Order sales launch.

Changes to housing policies announced during this year’s National Day Rally also had an impact, said Mr Lee.

Prime Minister Lee Hsien Loong had announced that HDB estates would no longer be classified as mature or non-mature, with new BTO flats to be classified under Standard, Plus or Prime

The new Plus category will come with more subsidies and tighter resale conditions, including a 10-year minimum occupation period. Owners are also required to pay back part of the HDB subsidies upon resale.

This reclassification of flats to Prime and Plus “may have a role to play” in the spike of the number of million-dollar flat transactions in August, said Mr Lee. 

“Buyers are willing to pay more to buy a flat in the mature estates with no restrictions,” he added. “Fifty out of 54 million dollar flat transactions are in mature estates.”

ERA chief executive officer Marcus Chu noted that 126 million-dollar HDB flats changed hands in the third quarter, a new high compared with the 105 transactions in Q2 2023.

With 354 such flats transacted this year, set against the 370 for the whole of 2022, “we are looking at another record-breaking year”, said PropertyGuru country manager Tan Tee Khoon.

He was on the same page with the other analysts, however, in pointing out that price growth has continued to slow and transaction volumes have continued to drop. These are hints “that the HDB resale market may have peaked”, said Dr Tan.

UPCOMING FLAT SUPPLY

HDB added in its Monday press release that it will offer about 6,800 BTO flats in Choa Chu Kang, Kallang Whampoa, Queenstown and Tengah in the upcoming October sales launch.

Another 6,000 flats will be offered in the final sales exercise of 2023, which will be held in December. These flats will be in towns and estates such as Bukit Panjang, Jurong West, Woodlands, Bedok, Bishan, Bukit Merah and Queenstown.

“These numbers are subject to review as more project details will be firmed up closer to the launch date,” HDB said.

It added that it is on track to launch 23,000 flats in 2023 and a total of 100,000 flats from 2021 to 2025.

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