Monthly Archives: August 2013

  • LATEST HOUSING MEASURES BY MND

    new hdb cooling measures target mortgage servicing ratio and maximum loan tenure source: the straits times by:daryl chin and charissa yong the housing board has further tightened rules on mortgages to cool the resale market, and discourage those who buy public flats from overspending. resale flat buyers who take hdb loans can now only use up to 30 per cent of their gross monthly income to repay their loans, down from 35 per cent. this is now... Continue reading
  • Latest MND rulings as of 27 Aug 2013 530pm

    (i) help middle-income families afford their first home (a) enhancement of the special cpf housing grant 2 currently, first-time home buyers purchasing new flats enjoy up to $60,000 of housing grants via the additional cpf housing grant (ahg) and the special cpf housing grant (shg). this has made 2-room and 3-room flats affordable. the shg (of up to $20,... Continue reading
  • HDB grant extension could hit resale market for public flats

    source: the straits times by: daryl chin and charissa yong the stagnant resale market for public flats could be hit further when housing grants are extended to middle-income households, according to property analysts. the grants will make a new four-room housing board flat even cheaper, and that could lure away potential resale flat buyers. on sunday, pri... Continue reading
  • EC market heats up under new loan rules

    source: straits times | money by cheryl ong buyers flocked to the latest two executive condominiums (ecs) to hit the market after new mortgage lending rules introduced in june dampened buying interest in private properties. analysts attributed the demand to the way housing board rules are structured that make it easier for buyers of ecs to seek the maximu... Continue reading
  • Flight plan to free up 800 ha of land

    source: the business times by:       cai haoxiang flight plan to free up 800 ha of land an 800 ha (8 sq km) area larger than bishan or ang mo kio will be freed up for new homes, offices, factories and parks once paya lebar air base relocates to a changi site. this will not just provide breathing space for singaporeans but rejuvenate an even bigger area around it, said prime minister lee hsien loong last night. "if you move the airbase, you r... Continue reading
  • HDB Apartment For Sale - 142 Rivervale Crescent (D19)

    142

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  • HDB Apartment For Sale - 507 Ang Mo Kio Avenue 8 (D20)

    507

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  • HDB Apartment For Sale - 290B Compassvale Crescent (D19)

    290b

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  • Sales of new private homes plunge 73%

    source: straits times by melissa tan tough new loan curbs hammered buying sentiment and sent sales of new private homes plunging to a 43-month low last month. only 481 units were sold, a striking 73 per cent below the 1,806 shifted in june, according to data from the urban redevelopment authority (ura) yesterday. if sales of executive condominiums (ecs) w...ere included, the number of private home sales was still only 593 in july, down 72 per ... Continue reading
  • Most over-stretched borrowers affluent, unlikely to default: MAS

    source: the straits times by; yasmine yahya singaporean households are overall in good financial shape and even those who may have over-stretched themselves are unlikely to default on their loans even when interest rates rise. mr lawrence wong, a director on the board of the monetary authority of singapore, reiterated in parliament on monday that only 5 t... Continue reading
  • Suburban launches 'to cross $1,200 psf'

    recently sold govt land sites give indication of likely launch prices source: straits times by melissa tan most upcoming suburban condominium launches are likely to breach the $1,200 per sq ft (psf) price threshold, based on an analysis of recently sold government land sites. land prices have shot up sharply in recent months as developers remain bullish o... Continue reading
  • More HDB flat owners renting out units

    source: the straits times by: charissa yong they are retaining their flats 'even as they upgrade to private property' more housing board flat owners have been renting out their units in recent months - a phenomenon attributed to upgraders who want to keep their flats even as they move on to private property. hdb figures last month showed a 6 per ce... Continue reading
  • Iskandar home prices surge as demand spikes

    published on aug 10, 2013 source:http://www.straitstimes.com/premium/money/story/iskandar-home-prices-surge-demand-spikes-20130810 by cheryl ong feverish buying interest in the booming iskandar growth region across the border has prompted many sellers there to dramatically jack up asking prices for resale landed properties. one factor driving up sellers... Continue reading
  • COVs for flats fall to 2 1/2-year low

    published on aug 08, 2013 source : http://www.straitstimes.com/premium/top-the-news/story/covs-flats-fall-212-year-low-20130808 by charissa yong the resale market for housing board flats showed further signs of being reined in by property cooling measures last month. chilled by tighter loan restrictions, cash premiums for resale flats continued their steady decline to a 21/2-year low. overall cash-over-valuation (cov) for housing board flats d... Continue reading
  • JULY SINGAPORE PROPERTY STATISTICS

    non landed private residential market 1) focused on the caveat numbers. which also mean normally whatever that was sold 2-3 months ago. it has hit all time low and this figure is most likely the real sales volume for the past few months. 2) this is a resale index. so there will not be any figures of new launches. so i believe it will reflect a real time situation of what is really happening in private resale hdb cash over valuation 1) another ... Continue reading
  • 19 singles chasing each 2-room BTO flat

    but more demand for flats in sengkang than yishun source: straits times by charissa yong the first-ever launch of housing board flats for singles continued to draw a flood of applications yesterday, fuelled by high demand, attractive prices and new government grants. by 5pm yesterday, hdb had received nearly 19 applications for every two-room flat availab... Continue reading
  • Wave of new condos drives down rents

    2013-08-01

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