New private home sales hit 9-month high in May on deluge of new launches

SINGAPORE: Sales of new private homes rose to the highest in nine months in May thanks to a deluge of new launches by developers, with suburban projects proving to be the most popular.

Developers sold 1,121 private homes in May, an increase of 53.1 per cent from April and 7.9 per cent from the same month last year, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jun 18).

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Here’s How Singaporeans Can Better Plan Their Finances When It Comes to Their Homes

Singapore — Owning a home that you can call your own is certainly exciting, but it is also one of the biggest purchases you will probably make in your lifetime. What’s more important to bear in mind, however, is that it’s not a journey that ends the moment you get your house keys.

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HDB BTO Launch May 2018

Available for balloting: Toa Payoh, Tampines, Yishun, and Sengkang.

by Sim Kang Heong, via dollarsandsense.sg

HDB Built-To-Order and Sale of Balance Flats is now available for balloting from 22 to 28 May.

With about 3,970 Built-To Order (BTO) flats in a variety of locations – including rarely-seen Toa Payoh – there are compelling choices that is worth your careful consideration, if you’re in the market for a BTO flat.

If you aren’t sure of what you need to know before choosing a BTO flat, you can refer to our handy Step-By-Step Guide To Buying Your First BTO Flat.

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The Cheapest & Most Expensive Areas to Live in Singapore

By William Hofmann, via Yahoo! Finance

Singapore is recognized as an exceptionally expensive city, especially when it comes to price of cars and properties. Below, we compare the cost of renting and buying HDBs across different areas on the island to help renters and homebuyers conceptualise real estate prices across Singapore. Additionally, we analyse trends in the rental and resale markets and discuss what they mean for consumers.

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