July 2023

HDB Service and Conservancy Charges (S&CC): What you need to know (2023)

A million flats spread across 24 towns house over 80% of Singapore residents. For us who call our HDB flats home, we pay service and conservancy charges (S&CC) every month.   Service & Conservancy Charges (S&CC): What is it? Service &Conservancy Charges (S&CC) is the cost of keeping our neighbourhood estates spick and span, much like…

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6 exciting new launch condos to keep an eye on in Q3 of 2023

Q2 of 2023 saw yet another round of cooling measures introduced by the government. These measures attempted to ease the unabating property market, hitting foreign buyers the hardest. This resulted in new launch projects like Newport Residences pushing back its preview, which was originally scheduled for April. As we move into the second half of…

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Comment on Home inspection for defects before you buy: necessary or not? by Matthew Low

In 2023, Owners paying Premium prices for public/private housing. The realistic expectation of Quality workmanship is therefore important and essential. To ensure accetable quality can be achieved in building projects ensures future marketability and enhances the confidence of clients. *Home Inspection by Professional and/or Registered Engineer* is necessary to determine the general conditions of completed Architectural, Structural and Mechanical and Electrical elements of the condominium unit in compliance with the Lease Agreement and the acceptable Standards as stipulated in the CONQUAS (latest edition), including the detection of building construction related defects arose before the residential unit handed over to the rightful owner, but within the validity of Defect Liability Period (est. 12 months) undertaken by the main contractor and before the commencement of renovation works undertake by the owner. This will definitely benefit the buyer and home owner when looking for a good quality property. Do contact a professional inspector (Registered Engineer/IES, Fire Safety Manager/SCDF, DfSP). Contact: *ACE HOME Consultants Firm* UEN: 53468927 matthewnat123@gmail.com or hp 93636902 / 93632518 ) for Free Consultation.

Comment on Couple bought a 3-room Bukit Merah BTO flat for S$460k+, but lost S$20k+ after they broke up by David

In reply to <a href="https://www.99.co/singapore/insider/couple-bought-3-room-bto-flat-bukit-merah-460k-lost-20k-after-broke-up/#comment-230079">Sebastian</a>. Sebastian, Are you saying the couple must be 100% certain of getting married before they should go and BTO? ie. guy proposed already, girl agree and the couple is officially engaged? Cos you should know that the gap between applying and getting the flat BTO is 6-7 years. That's why couples that are "not certain yet" still try to ballot for BTO. Most normal engagement periods last for 1-2 years at most. A 6-7 year engagement period is rare. If the government wishes couples to stop "speculative balloting" (ie ballot before they're 100% sure of getting married), they need to be able to provide flat collection within 1-2 years at most. In most other countries, there is no long wait for housing, because in most countries you buy someone else's house (ie resale) so the house already exists.

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