70% of matrimonial flats retained by wife following divorce
This data sees around 7,200 transfer applications due to divorce from 2015 to 2019, as received by the Housing and Development Board (HDB).
Continue Reading • 15 Oct 2020
ERA Property Weekend attracted over 168,000 viewers
The virtual event, which aired on the weekend of 10 and 11 October, reached over 431,000 online audiences and garnered close to 1.2 million impressions.
Continue Reading • 15 Oct 2020
864 households applied for HDB loan deferments from April to August 2020: MND
Around 2,500 households have received assistance from HDB with their mortgage payments since the start of the circuit breaker period.
Continue Reading • 15 Oct 2020
OrangeTee and Tie to hold virtual property expo this weekend (17 & 18 October)
Simulating the bustle and excitement of a regular expo event, this virtual event features an interactive digital environment, allowing attendees to move around, engage with booths and attend over 40 talks at the virtual convention hall.
Continue Reading • 15 Oct 2020
Transaction volumes of non-landed private homes rebounded in Q3 2020 due to pent-up demand
The rebound in transactions was not only evident in the new sale market but also in the resale market as well. Total resales transactions increased by more than three times to 2,480 units in Q3 2020 from the previous quarter’s 758 units.
Continue Reading • 14 Oct 2020
Landed home sales up by more than 50% in Q3 2020
In total, the number of landed properties transacted in the first nine months of 2020 was 1,142, a slight increase from the 1,118 transactions registered over the same period last year.
Continue Reading • 13 Oct 2020
Natura Loft DBSS unit sold for $1.2mil
This makes it the highest resale Design, Build and Sell Scheme (DBSS) sold so far. The previous record price for a DBSS was $1.205 million.
Continue Reading • 13 Oct 2020
Three new grants to help companies switch to environment-friendly water-cooled chillers
These grants will support firms in switching to low-Global Warming Potential (GWP) refrigerant water-cooled chillers as well as “smoothen the transition to the use of climate-friendly RAC equipment”.
Continue Reading • 12 Oct 2020
Government unveils additional temporary relief measures for property developers affected by COVID-19
The additional relief measures include extending the project completion period for most development projects by another six months. The conditions to qualify remain the same as those provided on the temporary relief measures unveiled on 6 May.
Continue Reading • 12 Oct 2020
URA proposes to conserve Golden Mile Complex
URA proposes to conserve the main building with its signature terraced profile atop the podium block as key features to be retained.
Continue Reading • 12 Oct 2020
Individuals with housing loans may apply to repay 60% of their monthly instalments for up to nine months
As part of a series of the COVID-19 relief measures, applicants need only prove that their income has been affected and that their loan payments are not more than 90 days due, whether or not they had availed of earlier payment reliefs.
Continue Reading • 8 Oct 2020
Banks allowed to use HDB loan as security interest for liquidity
The new Bill aims to strengthen the resilience of Singapore banks amid the COVID-19 crisis. This change would not affect the rights of HDB flat owners to their units, nor change their housing loans’ terms and conditions.
Continue Reading • 7 Oct 2020
Shortlist for 10th PropertyGuru Asia Property Awards (Singapore) revealed
For the first time, this year’s PropertyGuru Asia Property Awards (Singapore) will be held as a virtual gala event and will be broadcasted on AsiaPropertyAwards.com and partner channels, including YouTube and Facebook.
Continue Reading • 7 Oct 2020
Singaporeans with homes in Malaysia see their living costs double up
Singaporeans with properties in Malaysia are paying double the living cost since Malaysia's movement control order (MCO) kicked in.
Continue Reading • 6 Oct 2020
HDB flats designed to cater to changing aspirations
While HDB’s earliest flats were built to be simple and utilitarian, its goal now is to deliver smart and sustainable homes that are functional and cater to the changing concerns and aspirations of the next generation.
Continue Reading • 6 Oct 2020
Caldecott Hill GCB up for sale
The property is situated directly across MacRitchie Reservoir Park and is about 800 metres away from the Caldecott MRT Station, which will become an interchange when it links to the soon-to-be operational Thomson East Coast Line.
Continue Reading • 6 Oct 2020
Lim Chu Kang to be transformed into high-tech agri-food cluster
The redevelopment of agriculture land in Lim Chu Kang allows us to uplift the local agri-food sector, and develop sustainable, highly productive and industry-leading farms of the future.
Continue Reading • 5 Oct 2020
940,000 HDB households to receive GST U-Save rebates
All Singaporean HDB households will receive double their regular GSTV – U-Save rebates this financial year, with larger families receiving 2.5 times their regular GSTV – U-Save.
Continue Reading • 5 Oct 2020
DBS expects HDB upgraders to sustain private home sales
The low interest-rate environment, pent-up demand and the fact that prices for property had remained “sticky” are believed to be factors that may have prompted demand from HDB upgraders.
Continue Reading • 2 Oct 2020
HDB further extends suspension of late HDB mortgage payment charges
HDB has extended the late payment charges for mortgage arrears to 31 March 2021 to help Singaporeans cope with the impact of COVID-19.
Continue Reading • 2 Oct 2020