HDB offers two new rehousing options for SERS flat owners, Singapore private homes, HDB resale prices up in Q2 2022 and more. Here are the news highlights for what happened in the Singapore property market from 28 June to 4 July 2022.
July 2022
HDB loan vs bank loans, which should you pick? Here are the 5 key differences to consider before making a decision on financing your HDB flat in Singapore. For example, the HDB loan interest rate is 2.6% and unchanged since 1999.
Its a great idea for hdb to sell at 50 years lease and should the owners sell 5 years later and the buyers are able to buy at 99 years lease. Assuming if the price of the flat goes up to 800K after 5 years and if they bought at 400k. HDB is entitled to 49/99 ratio (base on the lease) of the 400K appreciation. Win-Win for public and government.
MND announced today that they are introducing new housing options for residents affected by the Selective En bloc Redevelopment Scheme (SERS). These additional options will be offered, starting with the Ang Mo Kio SERS. The new housing options introduced are: 50-year lease replacement flat at the designated replacement site at Ang Mo Kio Drive Lease…
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I’m 50 yrs old now.I’ve fully paid my house with no intention to sell it.I’ve also met the FRS amount. Can I make the voluntary housing refund
Hi. I have water leakage issue in my home (EM) that has been going on for years. We recently hacked and redo 2 toilets and changed the flooring due to dampness and repaired the staircase ( the stairs turned rusty due to water leakage) in August 2021. We thought this would solve the issue, but the water stains appeared again! Pls advise where do we go from here.
Following the latest interest rate hike by the US Federal Reserve on 15 June, banks here have increased their mortgage interest rates. To curb inflation, the Fed has increased interest rates three times this year, the last in June by 75 basis points. This was also the highest hike since 1994. And there will likely…
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Following the severe market crash in the crypto world, what will happen to the properties of Three Arrows Capital billionaire founder Zhu Su?
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Looking at median income in isolation is pointless if you don't also take into account the fact that your SGD has already been devalued hard by the rise of crypto and equity markets over the last 2 years.
Read our OCBC home loan review here. As of 1 July 2022, there are BUC packages, as well as fixed and floating rate packages. With rising US Fed rates, bank interest rates in Singapore have risen too.