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‘Long Island’ land reclamation project set to expand East Coast by 800ha

Image credit: URA The ‘Long Island’ concept, conceived in 1991, has evolved as a response to climate change, especially in protecting the East Coast from rising sea levels. Shaped by public feedback, the project emphasises maintaining unrestricted access to the coast. This article dives into the recent updates of the project, providing a comprehensive look…

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New era for pet cats in Singapore’s HDB flats: Understanding the upcoming changes

In a significant shift from long-standing policies, Singapore’s Housing and Development Board (HDB) residents are on the brink of experiencing a new era in pet ownership. The Singaporean government has proposed lifting a 34-year ban on cat ownership in public flats, a move that is set to transform the lives of many cat lovers and…

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Opus Bay: Opportunity Beckons

Successful Singapore-based real estate agent CS Tee explains the terrific potential for buyers and agents alike to reap substantial benefit from this exciting new development in Batam. In real estate, the chance to market or purchase a truly exceptional property comes along very rarely. The savvy professional or investor possesses the vision to identify these…

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Gov introduces one-off property tax rebate for homeowners (Impact on HDB flats, private properties, investors, landlords & homebuyers)

As we approach the dawn of 2024, homeowners are bracing themselves for an impending change in their financial landscape. The spotlight falls on the property tax domain, where a confluence of factors is set to bring forth adjustments. However, in a move to soften the impact of these changes, the government has introduced a one-off…

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Singapore’s new pilot for ‘long-stay’ serviced apartments

In a significant move to address the increasing rental demand, the Singapore government has announced the launch of a new category of serviced apartments. These apartments, featuring a minimum three-month stay requirement, represent a shift from traditional short-term accommodations. Minister for National Development Desmond Lee unveiled this initiative, highlighting its potential to better meet the…

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Transition of SIBOR Loans to SORA: Switch by 30 April 2024

If you have a housing loan in Singapore, chances are that you would have heard the terms SIBOR (Singapore Interbank Offered Rate) and SORA (Singapore Overnight Rate Average). The former is set to be discontinued after 31 December 2024. In fact, banks have not been issuing new SIBOR-pegged loans since October 2021. With SIBOR set…

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