by George Goh | Aug 14, 2022 | HDB
EdgeProp, 8 July 2022, Fri 3:48 AM By Nicholas Mak In Singapore, close to eight out of every 10 persons live in an HDB flat. Prices of HDB resale flats has increased steadily over the past two years. In 2021, the HDB resale price index jumped 12.7% y-o-y, which was...
by George Goh | Aug 14, 2022 | HDB
The Business Times, 1 July 2022, Fri 10:51 AM By Michelle Zhu HOUSING Board (HDB) resale prices rose 2.6 per cent in Q2 2022 to mark a ninth consecutive month of quarterly growth, according to HDB’s flash estimates of the Resale Price Index (RPI) released on Friday...
by George Goh | Aug 14, 2022 | Private Property
The Business Times, 1 July 2022, Fri 9:12 AM By Kalpana Rashiwala AFTER rising 3.2 per cent quarter on quarter in Q2 propped by 2 successful property launches in the city-fringe at record prices, the official overall private home price index is expected to continue to...
by George Goh | Aug 14, 2022 | Government Announcements, HDB
The Straits Times, 28 June 2022, Tues 12:56 PM By Michelle Zhu SINGAPORE (THE BUSINESS TIMES) – An executive condominium (EC) site in Bukit Batok West Avenue 5 has been launched for sale by public tender. The 99-year leasehold site, which comes under the...
by George Goh | Aug 14, 2022 | Financing
The Business Times, 27 June 2022, Mon 6:36 PM By Kelly Ng MORTGAGE rates have continued to climb in Singapore as lenders here take their cue from the US Federal Reserve, with some market participants projecting fixed rates close to 3 per cent as inflation forces...
by George Goh | Aug 14, 2022 | Financing, HDB, Investments
The Straits Times, 25 June 2022, Sat 5:00 AM By Chor Khieng Yuit SINGAPORE – Home buyers in Singapore can expect pricier mortgages as local banks have already begun to raise interest rates on loans for Housing Board (HDB) flats. The move follows a 75-basis-point...
by George Goh | Aug 14, 2022 | HDB
The Straits Times, 26 June 2022, Sun 1:00 PM By Jessie Lim SINGAPORE – Over the past five years, about 40 per cent of applicants invited to book a Build-To-Order (BTO) flat ended up declining the offer, meaning serious applicants still had a high chance of securing a...
by George Goh | Aug 14, 2022 | HDB, Investments
The Business Times, 23 June 2022, Thurs 5:01 PM GLOSSY, cosmopolitan Singapore is playing host to a very unusual balancing act. The city is one of Asia’s most expensive property markets — and at the same time, boasts one of the highest home ownership rates in the...
by George Goh | Aug 14, 2022 | Private Property
The Business Times, 23 June 2022, Thurs 10:49 PM By Kalpana Rashiwala TRANSACTIONS have fallen dramatically in the Good Class Bungalow (GCB) market, amid a widening buyer-seller price gap, coupled with weak sentiment in recent months from the stock market,...
by George Goh | Aug 14, 2022 | Financing, Investments
The Business Times, 21 June 2022, Tues 7:13 PM By Leslie Yee A BIG winner from the sale of the strata-held freehold Tanglin Shopping Centre for S$868 million that was announced early this year is City Developments (CDL), which owns 34.6 per cent of the share value and...
