"Can an SPR buy an HDB flat?" is a question Singapore Permanent Residents (SPRs) may wonder. HDB resale flat eligibility and ownership are rights granted to every SPR. But they do come with some restrictions. Find out what these restrictions are in 2023.
March 2023
Additional Buyer's Stamp Duty (ABSD) for Singapore citizens buying their second and subsequent properties is 17% to 25%; permanent residents, foreigners and entities have to pay 5% to 35% from 16 December 2021 onwards.
Figure out BTO renovation costs in Singapore to better estimate how much you’ll need to budget for your new home. This 2023 HDB BTO renovation cost guide includes 5 tips on how to lower your BTO renovation costs.
In this article, we work backwards to find out how much buyers need to earn to afford a private condo. According to the Ministry of Manpower, the official median salary for Singaporeans was $5,070 in 2022. With this earning power, is buying a condo or private property within reach?
With a combination of various factors such as cooling measures, construction delays and sky-high property prices, rental rates have surged over the past three years. Drawing from personal experience of renting for more than a decade, here are 5 ways you can save on rental. 1. Live outside of the central area If you have…
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Buying, selling or renting a property is an important milestone in your life. Yet, it can also be challenging and complicated for some. To smoothen the process, you can engage a property agent to facilitate the property transaction. Before you engage a property agent, here are five things you should know about their commission. #1: The…
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New private home sales, excluding Executive Condominiums (ECs), increased in February 2023 despite hikes in Buyer's Stamp Duty (BSD). Also, HDB pilots a rental scheme for low-income singles. Here are all the news stories from 14 to 20 March 2023.
Selling a house can be challenging, from putting it up for sale to finding the right buyer. But when the house is a stigmatised property, the process can get a lot trickier. What’s a stigmatised property? A stigmatised property essentially refers to a property that’s associated with undesirable events or occurrences, even though there’s nothing…
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HDB's Public Rental Scheme that was introduced to help those who are unable to afford to buy or rent a home. This article will cover on the eligibility criteria, application procedure, rental costs, and alternatives.
Now that the February 2023 BTO season is over, let’s look forward to the May 2023 BTO. For now, we know that around 5,480 units will be available for balloting across four estates. This will be the last HDB BTO launch where first-timer applicants who reject the opportunity to book a flat can still get…
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