Private home prices down 1.3% in Q1

PropertyGuru.com.sg Private residential property prices in Singapore fell by 1.3 percent in the first quarter of 2014, according to URA flash estimates released today. This is higher than the 0.9 percent decline in the previous quarter. Prices of non-landed private residential properties declined in the first quarter this year. In the Core Central Region (CCR),
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800,000 HDB households to receive about $80m of S&CC rebates

PropertyGuru.com.sg Around 800,000 HDB households will receive about $80 million worth of Service & Conservancy Charges (S&CC) rebates in 2014. Depending on flat type, each eligible Singaporean household will get one to three months of S&CC rebates. The rebates will be disbursed in April, July and October. One and two-room HDB households will be granted
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Resale private home prices dipped in Feb

PropertyGuru.com.sg Resale prices of completed non-landed private homes slipped 0.4 percent in February from the month before as prices dropped in both the central and non-central regions, revealed flash estimates of the Singapore Residential Price Index (SRPI) of the National University of Singapore (NUS) and reported in the media. Excluding small units, prices in the
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HDB will fund ideas to improve liveability

PropertyGuru.com.sg Since its launch in July 2011, the Cool Ideas for Better HDB Living initiative has received more than 220 ideas from the public. And now HDB has launched a new Cool Ideas Fund to help winning participants transform their prototype creations into workable ones which can be tested in HDB blocks. There is a
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Function, aesthetics and eco concerns

PropertyGuru.com.sg Award-winning local developers discuss on what makes a good building design. While most buildings are built to serve a functional purpose of shelter, accommodation or commercial needs, how a building looks and operates often plays a part in adding character to the surrounding area and attracting residents and tenants. In Singapore, more developers are
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Seniors expo to offer property selling, leasing tips

PropertyGuru.com.sg Senior citizens will get a chance to learn how to avoid pitfalls when selling their property at this weekend’s 50plus Expo 2014. The Council for Estate Agencies (CEA) is among the participants at the annual three-day outreach event targeted at baby boomers and seniors aged 50 and above. As part of CEA’s efforts to
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Billionaire’s son in bungalow rent row

PropertyGuru.com.sg A medical devices firm has been sued by Wee Ee-Chao, the son of one of Singapore’s wealthiest men Wee Cho Yaw, for allegedly not paying rent on a bungalow located near Orchard Road, according to media reports. In a lawsuit filed in Singapore’s High Court, Wee and his wife claimed that Aluminaid Pte owes
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2-room HDB flats going for $10K

PropertyGuru.com.sg Despite higher building costs, two-room flats under HDB’s latest Build-to-Order (BTO) exercise are priced from $10,000, their lowest level since 2011 when the Special CPF Housing Grant (SHG) was introduced, media reports said. The stunningly low price tag includes $60,000 in government grants, consisting of the $20,000 SHG and the Additional CPF Housing Grant
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How does exchange rate affect your buying decision for overseas property?

Written by Christopher Chitty, Senior Content Producer, PropertyGuru  Currency exchange rates very rarely remain dormant. They often fluctuate and many times in a single day. Frequent travellers are well aware of this, as how much they can afford to spend on a vacation depends on the how strong the local currency is and what it
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Mortgage 101: How to finance your overseas property

Written by Christopher Chitty, Senior Content Producer, PropertyGuru When you’re ready to take the plunge into overseas property, you’ll need to look for is a bank that will provide you with the means of funding your mortgage. Unless you’re paying full in cash, this is the first thing you’ll be doing. As different banks provide
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