October 2022

The allure of HDB maisonettes and 3 reasons why they will remain popular despite cooling measures

There’s been an increased interest in HDB maisonettes lately, especially since the recent headline-grabbing million-dollar-flat transactions involve such a flat type. One example is this 30-plus-year-old maisonette in Bukit Timah. But these HDB maisonettes that have breached the million-dollar mark aren’t just those in central locations. This year, we’ve seen more million-dollar flats in less…

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Alvin Kwa and Hazel Lim: Perfectly complementing each client to achieve success

The duo’s focus on consistency and sincerity has won them not just numerous awards, but their clients’ hearts. Sparking a flame of passion for real estate Alvin and Hazel have a collective 14 years of experience between them. For Hazel, hitting a low period in her marketing and branding job had left her feeling aimless,…

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6 signs luxury property foreign buyers, with Mainland Chinese in the lead, are unfazed by recent cooling measures

Despite the cooling measures in December 2021 and interest rate hikes, signs from the last eight months show that the foreigner buying demand for luxury condos (worth S$3m and above) isn’t diminishing anytime soon. In fact, they continue to attract top foreign buyers, particularly from Mainland China. Between January and August 2022, Chinese buyers (Permanent…

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3 questions we have arising from Minister Desmond Lee’s comment on the S$270 million loss incurred for Central Weave (August 2022 Ang Mo Kio BTO)

Minister for National Development Desmond Lee said in Parliament on Tuesday (4 October) that HDB will incur an estimated development loss of S$270 million from the Central Weave @ Ang Mo Kio BTO.  The project was launched in the last HDB BTO exercise in late August. In particular, it drew significant attention during its launch,…

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Will the HDB Home Loan Interest Rate Increase in 2022?

The current HDB mortgage loan interest rate is 2.6%, but with growing interest rates and inflation concerns, will it be adjusted? We ask Paul Wee, Vice President, PropertyGuru Finance, PropertyGuru Group what this mean for Singaporean homeowners financing their HDB flat in 2022 and beyond.

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