New private home sales fell almost 50% m-o-m in Dec

A crowd of potential buyers at Parc Esta’s sales gallery in November. (Photo: MCL Land) New private home sales fell by almost 50 percent to 602 units in December from 1,201 units in November, on the back of the year-end lull and a dearth…

Tampines EC site receives healthy interest with 7 bids

Location map of the EC site at Tampines Avenue 10. Source: HDB The tender for an executive condominium (EC) site at Tampines Avenue 10 received healthy interest from developers, with seven bids received. A consortium comprising Hoi Hup Realty…

Opinion: Same-sex couples cast adrift in Singapore's property market

While Singapore has made some progress on LGBT issues in recent years, the country’s reputation for conservatism is echoed in archaic rules governing the purchase of public housing. Photo: lazyllama/Shutterstock While there is no contesting…

Over 5,000 households disposed their private homes after buying HDB resale flats

Buyers of resale flats are not allowed to retain ownership of private homes in Singapore or abroad. With HDB flats meant for owner-occupation, buyers of resale flats are not allowed to retain ownership of private residential properties in Singapore…

Almost 50% of public rental tenants previously owned HDB flats

Many public rental tenants struggle to afford a flat due to medical issues, divorce or loss of employment. Over the past two years, an average of around 7,300 households have applied for rental flats each year, revealed the Ministry of National…

65% of 490,440 flat owners took out HDB loans

  The Ministry of National Development revealed that 490,440 Housing Board flat owners were servicing mortgages as at end-2018, of which 65 percent (320,526) took their loan from HDB. In a written reply to MP Walter Theseira, the ministry…

Golden Mile Complex will not be the same again once sold

The iconic building is currently on sale for $800 million after over 80 percent of its owners agreed to sell it. (Photo: ET&Co.) Homeowners at Golden Mile Complex believe the development would not be the same even if the iconic building…

LTA aims for ‘45-minute city, 20-minute towns’ travel by 2040

The Land Transport Master Plan 2040 aims to make commuting around Singapore more convenient. The Land Transport Master Plan 2040 targets to see people commute to work in just 45 minutes and 20 minutes to get to residential towns, revealed some…

Location of some new funeral parlour sites present challenges

Location map of the future funeral parlour complex at Ang Mo Kio. Source: NEA While the industry has welcomed the identification of four new funeral parlour sites, they believe that some of the locations present challenges for the bereaved,…

How to make moving houses quick and fuss free

After going through the process of finding and finally getting enough finances to buy your next dream home, moving houses may be the next stressful task on your agenda. It may be hard to resist procrastinating, but you don’t want be running…