SINGAPORE: Places that Singaporeans find familiar such as Orchard Road, mature towns and major recreational corridors will be rejuvenated, said the Urban Redevelopment Authority (URA) on Wednesday (Mar 27). The areas to be rejuvenated include mature towns such as Farrer Park and Dakota Crescent, and recreational corridors like the Civic District and the Rail Corridor, according … Continue reading Familiar places made new, greener under URA’s Draft Master Plan
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Changes soon to CPF loan rules on buying older flats
Changes to the Central Provident Fund (CPF) loan rules on the purchase of older Housing Board resale flats will be announced soon for implementation in May this year, National Development Minister Lawrence Wong said yesterday. At issue is the restriction on using CPF to buy flats with less than 60 years of lease remaining. About … Continue reading Changes soon to CPF loan rules on buying older flats
More flats sold in 2018, with 71 going for $1m and above
The majority of such million-dollar flats are non-standard ones such as DBSS flats like The Peak in Toa Payoh, the CBD-located estate of Pinnacle@Duxton (pictured), or rare terrace houses in Jalan Bahagia or Stirling Road.ST PHOTO: KUA CHEE SIONG More Housing Board flats changed hands last year, with a record 71 flats sold for $1 … Continue reading More flats sold in 2018, with 71 going for $1m and above
Cross Island Line’s first phase to be completed by 2029Cross Island Line’s first phase to be completed by 2029
Transport Minister Khaw Boon Wan said that this first stretch will be 29km long. It will have 12 stations and pass through areas such as Changi, Loyang, Pasir Ris, Hougang and Ang Mo Kio.ST PHOTO: CHONG JUN LIANG The first phase of the Cross Island Line - Singapore's longest fully underground MRT line - will … Continue reading Cross Island Line’s first phase to be completed by 2029Cross Island Line’s first phase to be completed by 2029
Non-Malaysian foreigners can rent flats for longer period
HDB said the revision will give flat owners "greater flexibility to secure a longer tenancy period with non-citizen tenants who may have work/immigration passes that are valid for a longer period of two years". The maximum tenancy period for Singaporeans and Malaysians is unchanged at three years.ST FILE PHOTO From next year, HDB owners … Continue reading Non-Malaysian foreigners can rent flats for longer period
July curbs to prevent property bubbles, says Lawrence Wong
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
What happens when you sell property that you previously paid with CPF?
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?
