Condo rents rise 0.5% in June, HDB rents fall 0.6%: SRX Property

SINGAPORE – Private residential and HDB reversed course last month, according to SRX Property flash estimates released on Wednesday (July 12).

Rents of condominiums and apartments rose 0.5 per cent month-on-month in June, swinging from a revised 0.6 per cent decline in May, though the number of units leased dropped

After a sustained slide last year, private rents have fluctuated monthly this year. But after June’s increase they are now down just 0.3 per cent to date this year. They are still 19.1 per cent off their peaks in January 2013.

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5 Advantages to Buying an HDB Flat As Early On In Life As Possible

By Joanne Poh, via moneysmart.sg

Buying a home in Singapore is a complicated procedure. Unless you’ve got the dough for private property, you’re pretty much stuck playing by the HDB’s rules: get married or be over 35. For most people, that means when you can buy a home is something that has to be left up to fate.

But buying a home as early as you can does have its advantages, assuming you can find somebody who is willing to do so with you. Here’s why:

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5 Reasons Renting a Home Instead of Buying Might Not be Such a Terrible Idea

By Joanne Poh, via moneysmart.sg

Owning a home is one of the most important items on Singaporeans’ checklist of life goals. And based on how horribly expensive it is to rent here, it’s easy to see why.

Renting a home or even just a room, even if it’s the only way for a 40-year-old virgin to get out from under his parent’s thumb, is usually frowned upon as a waste of money that could otherwise go towards saving for a downpayment.

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‘No housing benefits if unwed parent adopts child’

 

Ms Tan (not her real name) started the adoption process for her two-year-old daughter last August. They now live with Ms Tan’s parents in her brother’s marital home. Once the adoption goes through, she plans to buy a built-to-order flat in her and her daughter’s names. (via straitstimes.com)

Baby Bonus cash gift, too, meant only for children born to married couples, says MSF

SINGAPORE — An unwed parent will not be entitled to housing benefits even if the father or mother adopts their own child who is born out of wedlock.

And the Baby Bonus cash gift is meant only for those who have children within a marriage.

The Ministry of Social and Family Development (MSF) yesterday made this clear in a letter to The Straits Times Forum page.

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Property Listing (20 May 2017)

Your search is over. One of these homes could be yours. Check out our new property listing.

Hedges Park Condominium, Flora Drive
3 Bedroom, 100sqm, Condo Apartment https://goo.gl/qPjdhY

632 Pasir Ris Drive 3
HDB 5Room Improved (https://goo.gl/I7v2sp)

509A Wellington Circle
HDB 5Room Improved (https://goo.gl/nQ92oe)

125 Bedok North Road
HDB 4Room New Generation (https://goo.gl/XawY04)

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