A 10-hectare (100,000 sqm) plot in Farrer Park has been marked as the site for around 1,600 new HDB flats. The Urban Redevelopment Agency (URA), Housing & Development Board (HDB) and Sport Singapore (SportSG) said in a joint press statement on 25 April that they will work together to redevelop the area to integrate sports and recreational...
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Over the last two years, the pandemic has changed the way we do things. While the Safe Management Measures (SMM) can feel restrictive initially, it has driven us to adapt to the situation we have on hand and got us to embrace digital solutions more. For the property sector, this includes changing how we do...
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Singaporeans hold a common belief that HDB flats of today are generally much smaller than those built decades ago. However, this has been debunked by former Minister Khaw Boon Wan during a dialogue in 2012, stating that HDB’s design criteria have remained unchanged since 1997. Feeling the squeeze More Singaporeans are starting to feel boxed...
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Most of us have the assumption that the older the 99-year-leasehold flat (read: shorter remaining lease term), the lower its appreciation value. This seems to be far from the case, particularly for one very fortunate homeowner in Bishan Street 13. The owner of a 1,571-sqft HDB maisonette, which has 64 years left on its lease,...
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URA has released the statistics for the private property market for Q1 2022. In general, prices of private residential properties have increased at a slower rate of 0.7% in the last quarter, compared to the 5.0% increase in Q4 2021. The slower price growth came on the back of last December’s cooling measures, which saw...
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Lakepoint Condominium and Lakeside Apartments were recently relaunched for collective sale again. Lakepoint Condominium After Lakepoint Condominium’s second attempt at a collective sale on 21 October fell through, the condo went into a private treaty negotiation process. The management relaunched the third attempt on 19 April, with the same guide price of S$640 million. After factoring in development...
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