HDB flat owners may risk having their flats seized by HDB if they intentionally make misleading or false statements when transferring flat ownership, following legislative changes that Parliament passed yesterday. The compulsory acquisition currently applies when flat owners intentionally make misleading or false statements for the purchase of flats. Hence this serves to close off …
Updates to the Housing and Development Act (HDB) Read More »
Overall, prices remain robust for new private homes. There were renewed buying activities for The Garden Residences and The Woodleigh Residences after the developers adjusted the prices. The Garden Residences is jointly developed by Keppel Land and Wing Tai and the development is situated in Serangoon North. The Woodleigh Residences is an integrated condominium development …
Gan Thiam Poh, who is a Member of Parliament for Ang Mo Kio GRC, proposed the removal of the $14,000 household income ceiling for first-time BTO buyers during his speech in Parliament on 31 August. He elaborated that young couples had complained that they could not qualify for BTOs due to their high incomes. The …
News Flash RESALE volume of non-landed private homes in Singapore hit a two-year high in August 2020, with an estimated 1,052 units resold in the month, up 7 per cent from the 983 units resold in July 2020. Overall resale prices edged up 0.4 per cent month on month and year on year, according to …
Resale condo property transactions hit two year high in August 2020 Read More »
What is HDB Open Booking of Flats? These are unallocated flats that are consolidated from previous BTO Exercises and Sale of Balance Flats Exercises. It also includes completed flats that are repossessed or bought back by HDB. These flats are subject to the usual eligibility requirements such as ethnic quota, income ceilings and housing schemes. …
The COVID-19 pandemic has brought the world to a standstill, almost. Airlines have to ground their fleet, restaurants forced to shut as dine-in ceased, foot traffic at retail stores vanished and the list goes on. The economy is reliant on so many moving parts that if one jams, the machine encounters a problem and this …
Are Jurong Property Prices affected by COVID-19? Read More »
Westgate Exciting developments are coming to Westgate as the lifestyle and family mall will welcome the first Eccellente by HAO mart in West Singapore, a Harvey Norman superstore and an expanded Timezone arcade as its new anchor tenants. Bubble tea brands Milksha and Playmade will also open in Westgate, marking their first retail outlets in the West. Home bakers and chefs visiting …
The Japanese retailer announced on 1 July that it will close its Westgate outlet permanently from 3 August. The Westgate branch is Tokyu Hands’ first outlet in Singapore, opened in 2014. Tokyu Hands is the latest in a string of retailers leaving the mall and Jurong Gateway. Isetan closed its Westgate outlet in March and …
Tokyu Hands closing its Westgate outlet in August 2020 Read More »
At Malaysia’s request, Singapore has agreed to suspend the HSR project for another 7 months until 31 December 2020. This is the final extension and we will get to know whether the HSR will proceed or get scrapped by the end of the year. As of now, the former Jurong Country Club, which was compulsorily …
Further suspension of the KL-SG High Speed Rail (HSR) Read More »
Ikea will take over the 3-storey space that will be vacated by Robinsons in August and open a smaller concept store with a cafe in 2021. This will be the first store of its kind within a shopping mall and the best connected one yet to Jurong East MRT Interchange. Residents in the West can …
