The cooling measures that hit the market in July are aimed at preventing property bubbles and stabilising the market so prices move in line with income growth and economic fundamentals. That was the message from National Development Minister Lawrence Wong when he addressed the Real Estate Developers’ Association of Singapore (Redas) 59th anniversary dinner yesterday. … Continue reading July curbs to prevent property bubbles, says Lawrence Wong
Many Singaporeans use their CPF savings to finance their homes, but have you ever wondered what happens if you decide to sell your property? Firstly, if you are planning to sell your HDB, you need to make sure that you have first fulfilled the Minimum Occupation Period (MOP) before you engage a property agent or … Continue reading What happens when you sell property that you previously paid with CPF?
Sweeping changes are afoot for Sentosa, the adjacent Pulau Brani and the waterfront along Tanjong Pagar, with plans being made to develop new attractions and brand the area as the Southern Gateway of Asia. There are plans, for instance, to reshape the entire Sentosa Island to provide scope for more leisure amenities and investments, and … Continue reading Plans under way to reshape Sentosa, Brani
In the light of a growing trend of oversized condominium balconies, the Urban Redevelopment Authority (URA) moved on Wednesday (Oct 17) to cap balcony sizes for the first time. The URA will impose a limit on the sizes of balconies in private homes to no more than 15 per cent of the internal floor area … Continue reading New rules on condominium balcony size and width