(Image credits: CC BY-SA 3.0 (Calvin Cheng) and NUS Computing profile page (Dr Ben Leong)) Over the past week, in light of new record million-dollar HDB resale flats being sold and the September 30 cooling measures, many have given their assessment of runaway HDB housing prices and, for some, how the restrictions either help improve…
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In the latest push to campaign Singapore’s efforts towards cultivating a car-lite society, the Land Transport Authority (LTA) has gazetted six more areas as car-lite with effect from 31 October 2022. This includes the four public housing estates of Ulu Pandan, Mount Pleasant, Tengah and Keppel Club, on top of the existing ten car-lite areas.…
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4,263 or 99.9% of the Executive Condominium (EC) units sold in the resale market between 2007 and end-August 2022 yielded an average gross profit of S$295,904 each. Most of these units were sold less than 10 years after they were first bought. The findings were shared by OrangeTee & Tie in its latest Market Watcher…
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Last week, news emerged that Asia’s second-wealthiest man and chairman of Mumbai-based Reliance Industries, Mukesh Ambani, will set up a family office in Singapore and has already chosen real estate here. Like Google co-founder Sergey Brin, hedge fund billionaire Ray Dalio, Hong Kong’s Li Ka-Shing and former De Beers chairman Nicky Oppenheimer, Ambani will be…
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On September 29 (Thursday) evening, the government announced new property cooling measures again. The new rules aimed to moderate demand and ensure prudent borrowing amid rising interest rates. They were also meant to address the public concern of rising home prices and to improve housing affordability. While industry stakeholders and homebuyers were caught by surprise,... [read more]
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Many of us dream of living on the top floor, waking up to unblocked views every day. Given where they’re situated, these units also tend to be more breezy, bright and feel more spacious due to the higher ceiling height. These are reasons why top-floor units, including penthouses, tend to be the most expensive units…
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