Monthly Archives: January 2015

  • Fewer becoming property agents amid sluggish market

    singapore: faced with a sluggish property market, fewer people are getting themselves licensed as real estate agents and more are leaving the industry, according to figures from the council for estate agencies (cea). as at jan 1, there were 30,830 real estate salespersons, or agents, down from 31,783 the year before. of the total, 3,006 were new entra... Continue reading
  • S’pore office rents to rise again this year: CapitaCommercial

    singapore — prime office rents in singapore are set to extend gains this year as the number of new properties coming onto the market is limited, said capitacommercial trust management. “the market is looking good as supply is very tight this year, so the rise in rentals will continue,” said ms lynette leong, chief executive officer of capitacommercial tru... Continue reading
  • Net deficit at HDB to stay high in coming years: Khaw Boon Wan

    singapore the housing and development board's (hdb) net deficit will continue to be high in the coming years as more new flats are completed and handed over to homeowners, said national development minister khaw boon wan in parliament. the net deficit for the year ending march 2014 came up to s$1.97 billion before government grants, much higher than the s... Continue reading
  • Taking a 3rd HDB loan? Pay market rate, says Khaw

    singapore: the housing and developmental board (hdb) may grant a third housing loan to home owners - but only in exceptional instances, and at the market rate, said minister for national development khaw boon wan on tuesday (jan 21). in a parliamentary question, mp zainal sapari had asked about hdb’s rationale for imposing a higher interest rate for hom... Continue reading
  • More than 200 flats seized by HDB in last three years

    singapore: a total of 202 flats were seized by the housing and development board (hdb) between january 2012 and december 2014, minister of state for national development desmond lee said on tuesday (jan 20). flats are compulsorily acquired from lessees who have committed major lease infringements such as the unauthorised subletting of flats, mr lee said... Continue reading
  • HDB, private homes’ rental prices decline further in December: SRX Property

    singapore: rental prices for housing and development board (hdb) flats fell 0.4 per cent in december from the previous month, while rents for private homes fell for the 11th consecutive month, according to srx property. four-room, five-room and executive flats saw rental prices decline by 0.7 per cent, 0.6 per cent and 0.3 per cent, respectively. three-... Continue reading
  • Private home resale prices, volume end year flat: SRX Property

    singapore: resale prices of non-landed private homes inched up 0.1 per cent in december 2014 from the previous month, while resale volume remained flat, according to flash estimates from srx property on tuesday (jan 13). year-on-year, resale prices dropped 4.2 per cent from december 2013. compared with the recent peak in january 2014, prices have declin... Continue reading
  • Home owners face higher mortgage payments with rise in SIBOR

    singapore: home owners may face higher mortgage payments, following recent hikes in a key benchmark interest rate that housing loans in singapore are based on. according to data from bloomberg, the three-month singapore interbank offered rate (sibor) was fixed at 0.62 per cent on tuesday (jan 6). this is up from 0.57 per cent on monday. last friday, it ... Continue reading
  • What really happen in 2014?

    what happen for hdb in 2014?             what happen for nonlanded residential private property? Continue reading
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