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Australian family says no to millions to retain dream home, gets sandwiched by high-density housing

A family in suburban Sydney, Australia, has reportedly refused millions of dollars from developers so that they can remain on a massive strip of land they own and retain their dream house. It’s similar to the Geylang story we did slightly over a year ago – where two terrace house owners refused to sell their...

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Will 2021’s cooling measures bring about the “desperate landlord” fall in rental prices?

Rental prices have been on an uptrend, swelling to a seven-year high based on Q4 2021 results. While the short-term impact is due to a lack of housing options for permanent residents and foreigners, who form a majority of tenants, there’re also Singaporeans impacted by BTO construction delays or singles wanting a place of their...

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Should we raise the BTO income ceiling again? 4 reasons not to.

Singapore has one of the highest homeownership rates in the world — 87.9% as of 2020 — remarkable in a city-state not known for cheap housing. Or cheap anything, really. We largely have the HDB to thank for this impressive statistic. The housing board’s heavily-subsidised BTO (Built-to-Order) flats put homes within reach of lower- to...

The post Should we raise the BTO income ceiling again? 4 reasons not to. appeared first on 99.co.

Thirty-year-old couple forgoes BTO/SBF queues for Tiong Bahru walk-up with 51 years lease remaining

For 30-year-old recently married couple, Clara and Elvin, finding a home isn’t necessarily all about whether they can eventually sell it for a profit or if it comes with full facilities like a lift. Having worked in the technology sector for 5-7 years, they’ve learned that finding a perfect home requires hard work, research and...

The post Thirty-year-old couple forgoes BTO/SBF queues for Tiong Bahru walk-up with 51 years lease remaining appeared first on 99.co.

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