SINGAPORE HEAT MAP
Singles looking to buy a Build-to-Order (BTO) flat will now have more chances to do so as the Housing and Development Board (HDB) has decided to allow this group to buy any excess two-room flats in non-mature estates after catering to the demand from first- and second-timer families. HDB rules stipulate that 30 per cent of two-room flats will be set aside for singles, but the demand for such units from this group has been so overwhelming that the housing authority is offering them more than the prescribed quota.
Singapore — About 300 couples have applied for a two-room Build-to-Order (BTO) flat in the July and September sales exercise, following a tweak in policy to allow a Singapore citizen with a foreign spouse to apply for such flats in non-mature estates. National Development Minister Khaw Boon Wan revealed the figure in Parliament today (Oct 21) in response to Member of Parliament (Pasir Ris-Punggol) Gan Thiam Poh.
Indonesia — Indonesia’s most aggressive monetary tightening since 2005 is set to slow economic growth without denting soaring property demand in the world’s fourth-most populous nation. A young population, elevated inflation and property-price gains that outpace interest rates are spurring real-estate sales from Jakarta to Manado. Home prices in the third quarter probably rose 14.6 percent from a year earlier, according to a Bank Indonesia survey, while the Indonesian Real Estate Association predicts housing sales will climb more than 50 percent this year.
Introducing The Currency at the Ortigas Business District (Philippines), the first to offer both office and residential lofts. A 36 storey tower of complex market offering, set to become the newest landmark in the Ortigas Business District. It will change the urban landscape and reinvent the way we look at residential and office spaces.
This Currency rests on 2,015-sqm property at the corner of F. Ortigas Jr. Ave. (formerly Emerald Ave.), Julia Vargas Ave, and Garnet Road, the crossroads of major business establishments, business centers and commercial areas. It is at the heart of the Ortigas Central Business District, and provides a direct link from the premiere residential addresses of Pasig and Rizal areas to the dynamic and vibrant stores and outlets within the vicinity.