2020

Condo Focus: OLA (Executive Condominium)

Located in Sengkang, OLA is a 548-unit Executive Condominium (EC) located at Anchorvale Crescent in Sengkang. Helmed by Anchorvale Pte Ltd (a joint developed by Evia Real Estate and Gamuda Land), the District 19, 99-year leasehold project spans nine 16-storey towers and is expected to be completed by 2024. Facilities Inspired by a Spanish way...

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Home equity loan: Is cash-out refinancing your property a good move?

You’ve already spent donkey years footing the housing loan, and now you’re a proud owner of a fully-paid up private property. In this situation, it’d be crazy if you went to take out another mortgage on that property, right? Actually, it might not be. Depending on your situation, there may be times when it makes...

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HDB Nov 2020 BTO In-Depth Review: Bishan (Bishan Ridges)

[This article has been updated with additional project information from HDB on 17 November 2020. The Nov 2020 Bishan BTO will be named Bishan Ridges.] The upcoming HDB November 2020 Build-to-Order (BTO) sales exercise will feature five projects comprising of a total of 5,770 units. The 1,500-unit Bishan BTO, Bishan Ridges, is one of three...

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Core Central Region (CCR) condos: Is Dyson’s $11.8 million loss a warning sign?

The name Dyson has made news again in Singapore property: Just a little more than one year after purchasing the largest penthouse in the country at Wallich Residence for a record $73.8 million, the Dysons are now selling the Core Central Region (CCR) property at $62 million—incurring a $11.8 million loss, according to a Business...

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Condo Focus: Royalgreen

Located in the heart of Bukit Timah’s predominantly landed residential enclave in prime District 10, Royalgreen is a low-rise 285-unit condominium slated for completion by 2025. Developed by Allgreen Properties, the development is spread across five blocks on a 22,654 square metre land parcel and carries a freehold tenure characteristic of condominiums in the area....

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Project Focus: The Florence Residences

Located within the tranquil landed housing estate of Kovan, The Florence Residences is a 99-year leasehold project by property developer Logan Property (Singapore) Company Pte. Limited. Sited along Florence Road and Hougang Avenue 2, the large-scale development will consist of 1,410 units across a significant land area of 36,161 square metres (sq m), making it...

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Revealed: Why the WiFi in your house constantly sucks

Here’s what we’ve learnt during our work-from-home (WFH) experience the last few months: ordering food in is expensive, video meetings are annoying and, worst of all, it is extremely difficult to be productive when your WiFi operates at a sloth-like speed. We may have put up with slow WiFi pre-Covid, but now that most of...

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For home loans, are fixed deposit-linked rates a low-risk option?

Applying for a home loan in Singapore is a long-term financial commitment. Naturally, you’d want to ensure you not only start with a low interest rate, but you also want the reassurance that your interest rate won’t increase dramatically overnight. In trying to find a home loan package that fit this criteria, banks began to...

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REVEALED: How Mediacorp’s original plan for Caldecott Hill went up in smoke

Five years after Mediacorp moved out of its former premises at Caldecott Hill, the media conglomerate finally called for a tender for the massive 7-hectare land it left behind. In an announcement made on 14 October 2020, Mediacorp appointed real estate consultants CBRE and Showsuite Consultancy to market the District 11 site to developers interested...

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Upgrading to a condo: Why the ‘ABSD remission’ system should be abolished

It’s common knowledge that, when a HDB owner buys a condo unit, he or she has to fork out an Additional Buyer’s Stamp Duty (ABSD) for the purchase of a second property. Even if the HDB owner is an upgrader who intends to sell the flat and keep only one property, the ABSD must still...

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