SINGAPORE — Singapore’s property glut is an unintended consequence of government measures to force developers to build and sell apartments quickly or face stiff penalties, according to City Developments Limited (CDL).
The Republic’s second-biggest private home builder has come out swinging against a rule that imposes a levy on companies if they don’t complete construction and sell all units within a period of five years from acquiring land.
By William Hoffman (via valuechampion.sg)
There are a lot of important decisions to make before you can move into your first home. While it may be overwhelming to keep track of all of these issues, neglecting to do so can end up costing you thousands of dollars. We strongly recommend keeping an eye out for the following missteps in order to comfortably enjoy your new home.
1,921 units change hands, down 9.4% from July, with four-room flats making up the bulk
Singapore — Fewer Housing Board resale flats were sold last month compared with the previous month, but their prices moved up slightly.
In all, 1,921 such flats changed hands, a 9.4 per cent drop from the figure in July, real estate portal SRX Property said yesterday when releasing its preliminary figures.
But when compared with a year ago, last month’s decline was 7.6 per cent.
By Clara Lim (via moneysmart.sg)
Whether you’re buying an HDB resale flat as a first-timer or just looking to “upgrade” now that your first BTO has passed the 5 year mark, choosing a resale home can be a daunting affair.
Unlike the HDB BTO route where you basically don’t have a say in anything, now the options are literally endless. But that doesn’t mean you shouldn’t spend an entire year searching for your dream home. Because after your 12th or 13th viewing, everything will look the same to you.
Instead, you should make a list of as many criteria as possible to narrow down your search. (And no, silly, we don’t mean en bloc potential.) Here’s a list of key factors to look at when choosing a resale flat.
© Roy Issa Optimism in Singapore’s housing market is supported by a rise in the private property index, but is that the whole story? Photo: Roy Issa (via msn.com)
By Jacqueline Woo and Ignatius Koh (via msn.com)
Singapore — When the doors to the sales gallery of an upcoming residential project in central Singapore opened in July, more than 4,000 prospective homebuyers flooded the showroom for a first glimpse of the plush development.
The project, One Pearl Bank, sits on a 99-year leasehold site once home to the iconic horseshoe-shaped Pearl Bank Apartments. It is set to stand among the tallest residential properties in the Lion City when completed by 2023, boasting unobstructed views of the city skyline.
National Day 2019 is upon us once more, and I’m sure that patriots all over the island will want to celebrate the nation’s independence by popping the question over the NDP fireworks.
Luckily for you, HDB has thoughtfully scheduled a BTO launch in August, for your convenience.
Those looking for an “investment BTO” along the lines of the hyped-up Boon Keng BTOs in the previous 2 launches — move along now, nothing to see here. This time round, it’s just your garden variety BTO launch with just 2 choices: Either Punggol or Tampines.
Here’s our review of the Punggol and Tampines BTOs in the Aug 2019 launch.
This stunning home is on a desirable neighborhood in the east. From the sweeping kitchen and spacious living space to the full and friendly amenities of the condominium, there is plenty of reasons for the whole family to enjoy. Situated in a lifestyle-friendly neighborhood near medical facilities, MRT, mall, airport, and the Changi Business Park, this home is sure to go fast!
The East Point Green. Welcome to your new home.
You’ll love this charming home with spectacular panoramic views of Bedok North Street 2. This 2 bedroom, 2 bathroom home will give you 67 square metre of generous space for a growing family. Renovated and well-kept, you’ll wake up each morning to awe-inspiring sunrises and drift off to sleep each night with the tranquil sounds of a homely neighbourhood. Situated in a friendly community with nearby amenities, school system, and transportation.
The 122 Bedok North Street 2. Welcome to your new home.
You will love this delightful 5-room home with its renovated and homely charm. This 4-bedroom, 2-bathroom home gives you a 124 square metre of room for the family and friends to enjoy the spacious elegance and a modern gourmet kitchen. Imagine cuddling up with your loved-ones after a hard day’s work. Every night, drift off to sleep to the subtle sounds of the Tampines neighbourhood. All of this situated in a convenient, friendly community with outstanding schools, amenities, and nearby malls.
The 493D Tampines St 43. Welcome to your new home.
Singapore — Analysts expect property prices to stay flat despite slower economic growth this year. Experts say there are some downside risks to the market, and this could give the Government room to roll back cooling measures.
Source: channelnewsasia.com
SG Best Investment 