Artist Impression of Bayshore Estate (Source: HDB) There was a lot of excitement in the air when HDB announced that it will launch 2 Build To Order (BTO) projects in the new Bayshore housing estate where 7,000 out of the 10,000 homes will be earmarked for public housing. Understandably so, the BTO flats will enjoy …
What Happened? Prime Minister Lee Hsien Loong announced a new set of classification and restrictions for public housing in his 2023 National Day Rally speech, which are intended to curb the “lottery effect” from the resale of BTO flats. It is timely to abolish the mature and non-mature estate model, which is long overdue for …
An Analysis On The New HDB Classifications and Restrictions Read More »
If you recall, the last round of property measures was implemented just 2 months ago when stamp duty rates were increased for larger ticket property purchases. With this set of higher ABSD rates amidst a weaker economic outlook, the Government may be looking to moderate and stabilise the market before more properties are snapped up …
We all felt the inflation and the rising interest rates to counter it. While demand for properties has slightly tapered off going into 2023, the prices however have remained stubborn as many owners have stronger holding power. Just look at the COE prices below, which have been trending upwards to record prices. In basic macroeconomics …
Home buyers and sellers in Singapore will be able to see the asking and transacted prices of properties on an interactive map. This free tool was launched by property portal, Mogul.sg, this week and it pulls data from sources from Building Construction and Authority (BCA), HDB and partnering real estate agencies. For a $150 administrative …
HDB resale prices have stopped its uptrend for the first time since June 2020 according to flash figures released by SRX and 99.co. It was observed that the prices of larger flats fell, with the resale prices of five-room flats and executive flats dropping 0.8 percent and 0.3 percent respectively. Property analysts have explained the …
We all know that HDB flats regardless of whether it is a BTO or a Resale flat has a Minimum Occupation Period (MOP) of 5 years. It is fairly common for BTO flat owners to want to sell their flats after the MOP is completed as the resale price is generally at its peak as …
Must HDB Flats Be Physically Occupied During The Minimum Occupation Period (MOP)? Read More »
SINGAPORE – Property tax rates for residential properties will be raised in two steps, starting with the tax payable in 2023, with properties at the higher end seeing steeper hikes. Finance Minister Lawrence Wong said on Friday (Feb 18) that the property tax rates for non-owner-occupied residential properties – which include investment properties – will …
Property Taxes To be Raised As Singapore Adjusts Wealth Tax Read More »
While home buyers will have more new launches to choose from, the low stock level could mean that popular areas are likely to be snapped up quickly. ERA’s Mak said that developers are unlikely to lower prices at their property launches in the near future given that their inventory of unsold housing units is diminishing …
SINGAPORE (EDGEPROP) – While the tender for the government land sale (GLS) site at Jalan Tembusu closed with eight bids on Jan 18, the site at Lentor Hills Road (Parcel A) received just half the number of bids. The top bid of $586.6 million came from a consortium made up of Hong Leong Holdings, GuocoLand …