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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Rising Development Charges Cooling En Bloc Fever

SINGAPORE — The rash of successful en bloc sales has pushed up development charge rates, which have become a key factor for developers to consider when deciding what to buy.

Source: https://www.channelnewsasia.com/news/videos/rising-development-charges-cooling-en-bloc-fever-10252320

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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URA proposes 90-day rental cap, 80% consent rule for Airbnb-type accommodation

SINGAPORE: Private apartment and condominium owners who want to rent out their homes for short-term accommodation will be able to do so for 90 days a year provided they fulfil several requirements, including obtaining 80 per cent consent from owners within a development and registering their guests’ details.

These are some of the suggestions the Urban Redevelopment Authority (URA) proposed on Monday (Apr 16) in a regulatory framework for using private homes as short-term accommodation (STA).

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For Sale – 44 Teban Gardens Road (HDB, 4-Room)

Your search is over. This 4-room HDB unit is just the right balance of amenities and retreat from the hustle and bustle of the city. It is the right home for your lifestyle. Appreciate the proximity to transportation, educational institutions, business parks, and leisure malls. The 44 Teban Gardens has that old charm with lots of potential for future developments.

From the boondocks to boom town — and beyond. Teban Gardens Road has truly blossomed into a wonderful place with the future in mind.

The 44 Teban Gardens Road. Welcome to your new home.

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Top 5 Most Expensive Estates To Rent A HDB Flat In Singapore

By Dinesh Dayani, via dollarsandsense.sg

As Singapore residential property prices look set to rebound following several years of decline, since its peak in 2013, many may expect rental prices to follow suit. While the rationale for this may be simple – higher property price must equate to higher rental prices (to offer a similar return on investment), the reality may be significantly different.

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Here’s what you need to earn to buy a home in these big cities

By Kenneth Kiesnoski, via cnbc.com

  • Owning a home in San Francisco, San Jose or New York can really break the bank, with total costs at more than double the U.S. national median.
  • But most large cities, such as Indianapolis, are far more affordable, with median incomes more than enough to cover costs associated with typical homes.

Record-low inventory is causing home prices to rise across the U.S., so higher salaries are now required to afford monthly housing payments, according to SmartAsset.

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