Known as the “affordability ratio”, the gap between household income and prices of new condominium sold is at its biggest in 10 years.

Rated AAA by Fitch Ratings, the notes come in denominations of $250,000, with a coupon of 1.37% per annum payable semi-annually in arrear. They are set to mature on 16 March 2028.

One major aspect that buyers look out for when buying property is accessibility to public transport. Especially for those who don’t drive, living close to the MRT will cut down travelling time.  A major exciting MRT development is the Thomson-East Coast Line, which is opening progressively and is estimated to be completed by 2024. It...

The post 11 condos to watch out for close to the upcoming Thomson-East Coast Line MRT stations appeared first on 99.co.

The sites are expected to be sold to developers through the biannual Government Land Sales process, should the plots be used for private housing.

February saw only 167 new units launched, down 93.6% from the 2,600 units launched in January, and is also the lowest number of units launched since December 2018.

Introduced in 2019, the new Enhanced CPF Housing Grant (EHG) which will streamline the CPF Housing Grants system, while making HDB more accessible to a wider pool of buyers. Learn all about it here.

If you’ve been keeping up with the property news lately, there’s been a lot of talk about new cooling measures.  Despite the pandemic, property prices have been on the rise for the past several months. More specifically, HDB resale prices and condo prices have been climbing for the past eight and seven consecutive months, respectively. ...

The post Potential cooling measures (and why they might not happen) appeared first on 99.co.

Huttons Group has appointed Yeo Chin Hao as its new Legal Counsel and Shaun Tan as Head of Training and Special Projects.

Under this tender, vendors “will be required to install smart electrical sub-meters at HDB blocks to track energy usage”.

If found guilty under the Stamp Duties Act, all four can be imprisoned for up to three years and/or fined up to $10,000.