July 2022

Comment on HDB’s new Community Care Apartments vs Two-room Flexi Flats: Which is better? by Francis

Well, I think this is bulls***. They still wanna charge old folks money for those package. Those old folks are either retired with few income or having no kins at all. Just trying to pay for the apartment already took a toll on their financial and they need to pay for these package on monthly subscription. Where are these old folks gonna get the money to pay for it!

What do rising interest rates really mean for Singapore’s housing market?

Views and opinions expressed in this article are those of the author. Previously, mainstream media repeatedly pointed to low-interest rates as a key factor for the bullish property market.   Now with the US Fed’s focus on combating record-high inflation taking centre stage for all market watchers, local media has shifted to blaring high alert…

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New all-time high HDB resale: 5-room HDB in Dawson sold for S$1.418 million

Keeping up with the most expensive HDB flat ever sold is proving to be a challenge, as flats all over Singapore keep fighting valiantly for the title.  As of July 2022, we have a new record – a 5-room HDB flat at SkyTerrace @ Dawson has just topped the charts at a selling price of S$1,418,000. …

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While number of fire cases decreased, related injuries and fatalities on the rise

In just the past six-and-half months, there were 15 fire-related incidents at HDB flats which we know of – or at least the ones we’ve read about in mainstream media. The most severe is the one which happened at Bedok on 13 May 2022 (a Friday), when a fire broke out in a fourth-floor housing…

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Why Victory Land’s Fanny Cheng is Building for Life

We often report on the challenges real estate and property development professionals have overcome, and how these experiences have affected their approach to career and life. Few have surmounted a challenge as severe as that faced by Victory Land’s Fanny Cheng — nor done so at such a young age. Around six years ago, aged…

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In-Principle Approval (IPA) for home loans: What is it and how do you get it?

Unless you’re planning on paying for your home in cold hard cash, you’ll need to take out a home loan. To get a home loan, you’ll need a bank willing to give you one, which is where In-Principle Approval (IPA) comes in.  Note: You may have read articles about Approval-In-Principle (AIP). To clear things up,…

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Cash is king now

We all heard of the saying “cash is king”. It is especially true at this point of time. To cope with rising inflation, the Monetary Authority of Singapore has gone ahead with three rounds of monetary tightening. Each round resulted in further reduction of money supply. Suddenly, cash becomes precious. Everywhere people are looking for... [read more]

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Do sales of multi-million-dollar kopitiams affect price and demand of surrounding HDB flats?

Besides million-dollar HDB flats, there are now multi-million-dollar kopitiams, or coffee shops, in our HDB heartlands. You may be sitting on those flimsy plastic chairs, sanguinely sipping your kopi siu dai and eating your kaya toast and half-boiled eggs, not realising that potentially, you could be doing so at an 8-figure joint. Notably, these are…

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