What to buy: Build-To-Order HDB Flats or Executive Condominiums

BTOs are a Housing and Development Board (HDB) flat allocation system that offers flexibility in timing and location for owners intending to buy a new flat. Eligible buyers planning to apply for a new HDB apartment in the near future can ballot for one in their preferred location from specific sites. ECs (Executive Condominiums) on
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Singapore cooling: Your views on the measures

By Cheryl Tay and Shabnam Muzammil: Two days after the government’s slew of property cooling measures came into effect, the general view from members of the public is that the policies are quite helpful, but not for everyone. To get a better understanding of how the curbs will impact home buyers and investors in Singapore,
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Shunfu HUDC fetches record S$1.28m

By Romesh Navaratnarajah: Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a
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Home buyers put off by Ghost Month

By Romesh Navaratnarajah: Despite earlier media reports stating that sales at property launches were unaffected by the Hungry Ghost Festival, data from the Urban Redevelopment Authority (URA) showed that 1,421 new homes were sold in the month of August, 27 percent down month-on-month (m/m) from the 1,946 seen in July. However, the sales volume was
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Govt curbs shoebox mania

By Romesh Navaratnarajah: In a bid to provide ample supply of large and small homes that cater to the diverse needs of home buyers in Singapore, the Urban Redevelopment Authority (URA) has announced new guidelines to cap the number of shoebox units, particularly at all new non-landed private residential developments in suburban areas. With immediate
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Shoebox homes get space-saving features

    By Romesh Navaratnarajah: Shoebox units, which are no more than 500 sq ft in size, are gaining in popularity with home buyers, given their lower prices. In fact the URA (Urban Redevelopment Authority) has forecast supply of small units to grow to 8,200 by end-2015 from just 2,400 presently. As such, property developers
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Cash premiums for HDB resale flats dive 30%

                            By Romesh Navaratnarajah: Cash-over-valuation (COV) for resale flats has dropped significantly in both mature and non-mature estates, making them more affordable to home buyers. Data from property agencies shows that overall cash premiums fell 30 percent in the first quarter of
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Who said there are no affordable private homes in Singapore?

                By Romesh Navaratnarajah: Prices of several private property projects launched recently in the Outside Central Region (OCR) have been higher than average, with many such units being sold for more than S$1,000 psf – a new record. Amidst this growing trend, more home buyers are now on
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More buyers backing out of property deals

                  By Romesh Navaratnarajah: Buyers of around 107 new homes changed their minds last month and returned the units to developers, according to a Goldman Sachs report. In addition, the global financial services firm said that 100 homes were returned in February. The report noted that the
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Govt tightens rules on property developers

                    By Romesh Navaratnarajah: With effect from 18 May 2012, property developers will have to abide by revisions made to the Housing Developers Rules (HDR), said the Urban Redevelopment Authority (URA) today. The changes aim to promote transparency in the real estate sector and enable home
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