New home loan rules expected to be “quite permanent”: Khaw
National Development Minister Khaw Boon Wan said the recent tightening of property loan rules granted by financial institutions is a structural measure to ensure a more stable property market, and is...
View ArticleHDB resale prices up 0.5% on-quarter in Q2
Prices of private homes and Housing and Development Board (HDB) resale flats hit a new all-time high in the second quarter of the year. According to flash estimates from the Urban Redevelopment...
View ArticleNew home loan rules a “structural measure”: Khaw
National Development Minister Khaw Boon Wan said the recent tightening of property loan rules granted by financial institutions is a structural measure to ensure a more stable property market, and is...
View ArticleMAS ruling spooks some overseas investors
Last Friday’s announcement by the Monetary Authority of Singapore (MAS) to cap the amount of income that Singaporeans can use to finance a property purchase is already having an impact in property...
View ArticleRare HDB house sold for $1.02m
A 2,863 sq ft HDB corner house in Whampoa was sold for S$1.02 million or about S$360 per sq ft back in April this year, according to media reports. The rare terrace property with a garden is one of...
View ArticleHome buyers flock to suburbs
While the latest cooling measures have dented demand for private properties in the central region, the appetite for suburban homes has remained resilient thanks to an increasing number of launches that...
View ArticleLoan rules aimed at those who over-stretch to invest
Citing the unsustainable low interest rate environment, National Development Minister Khaw Boon Wan yesterday singled out Singaporeans “who are stretching themselves buying second, third properties for...
View ArticleGovt measures cool landed homes market
Sales of landed properties in Singapore have fallen in the last few years as a result of the government’s cooling measures, according to analysts. Landed homes comprise approximately five percent of...
View ArticleResale prices of non-landed private residential units up 1.8 per cent in...
Resale prices of non-landed private residential units showed an overall increase of 1.8 per cent in June 2013. This is according to a flash report by the Singapore Real Estate Exchange (SRX). An...
View ArticleHDB to study if temporary rental housing scheme for married couples can be...
The Housing and Development Board (HDB) said it will assess the need to adjust the temporary rental housing scheme to help even more married couples. For the 1,150 flats made available under this...
View ArticleCOV falls to lowest in about a year
The overall cash premium or Cash-Over-Valuation (COV) for HDB resale flats has fallen to its lowest in about a year. This is according to flash estimates by the Singapore Real Estate Exchange (SRX)....
View ArticleMore condo units returned in 2013
The number of Singapore buyers choosing to return their private property units has been rising throughout 2013, although there seems to be a variety of reasons why people opt to forfeit 1.25 percent of...
View ArticleSingles over 35 can now buy new HDB flats
Up to 30% of new BTO two-room flats kept aside for eligible singles earning S$5,000 and under a month. Singles over 35 years of age and who meet certain criteria can buy new flats directly from the HDB...
View ArticleFirst batch of BTO flats for singles to be in Sengkang, Yishun
Additional CPF housing grant also extended to help this group buy resale flats. The first batch of two-room Build-to-Order (BTO) flats set aside for singles aged 35 and above will be built in Sengkang...
View ArticleBTO flats for singles in high demand
There has been high demand for the Build-To-Order two-room flats for eligible singles launched yesterday (July 30), with the number of applicants being much more than the number of flats available. As...
View ArticleIncome ceiling for 2-room flats in non-mature estates now S$5,000
With effect from yesterday’s Build-to-Order (BTO) launch, the income ceiling for two-room flats in non-mature estates has been raised from S$2,000 to S$5,000 — bringing it in line with the income...
View ArticleNew integrated development to be built in Woodlands
National Development Minister Khaw Boon Wan has announced plans for a new integrated development in Woodlands. The new development is the first of its kind and is purposefully designed as a convenient...
View ArticleNew housing policy for singles well-received: Khaw Boon Wan
National Development Minister Khaw Boon Wan said new ground has been broken with the Housing & Development Board’s (HDB) July’s Build-To-Order (BTO) exercise where eligible singles can buy new...
View ArticleLet HDB landlords enjoy their rent
When the owner of a Housing Board flat moves to private property, should he be allowed to keep – and profit off – his old flat? This question resurfaced in both the print and online Straits Times Forum...
View ArticleMarket largely unaffected by subletting caps
Six months after the start of quotas on subletting public flats to foreigners, the fear that they would hurt the rental market does not seem to have come true. As of June, only about 1 per cent of...
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