Slower quarterly housing price growth in Q4 2022

While home prices have reached record highs, prices have started stabilising due to cooling measures, rising interest rates and economic uncertainties. Marginal price increase for private residential properties URA’s real estate statistics for Q4 2022 revealed that private home prices rose by 0.4% last quarter, a marginal increase compared to the 3.8% increase in Q3.…

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1,001 sqft Bendemeer HDB resale flat in Kallang/Whampoa estate sold for S$1m

Chinese New Year may have come early for the first owners of a 4-room HDB flat in Bendemeer, as the flat was recently sold for S$1 million (huat ah!). Spanning 1,001 sq ft, this translates to around S$999 psf. It’s located within the 34th to 36th floor of Blk 10B at Bendemeer Road, which is…

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Comment on 99.co’s guides: Good Faith Deposit vs Security Deposit by Charlotte

Hello, My friends I are paid a good faith deposit when we submitted an application for an apartment. We were told that our application was rejected and our good faith deposit would be returned, however, the housing agency is taking forever to return the deposit (one month's rent). Is there a maximum amount of time that they can hold onto our deposit? Is is 14 days, the same time limit as a typical security deposit? Thank you in advance for any information!

COV Singapore — What is Cash Over Valuation (COV) of a resale HDB flat

According to The Straits Times, 1 in 4 HDB resale flat buyers paid cash over valuation (COV) on their HDB resale flats in 2022. We’ll explain COV in greater detail later, but it means they agreed to purchase their flats above market value (as determined by HDB). And as the word “cash” implies, any amount…

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