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Singapore Green Plan 2030: How will it impact property developments and sustainability in our country?

1) Less land available for property developments – This is one of the more obvious impacts of the Singapore Green Plan 2030. With 1000ha set aside for green spaces, it also means lower land supply available for property…

2021 HDB Rental Guide: Where are the most expensive and cheapest estates in Singapore to rent a HDB flat?

For the 43,000 households affected by BTO project delays as well as everyone who is chafing at the lack of space at home, renting could be an option worth considering. HDB rent prices have been on a rise,…

4 key issues to consider if you are planning for a 2nd property

While the term “asset progression” is used loosely these days, one thing should be clear: there’s a huge difference between planning to sell and upgrade (e.g., moving from a flat to a condo), versus actually wanting to own…

Is it worth buying a property before it goes en-bloc? We look at past data and what you need to know

One of the main differences between HDB and private properties is the greater potential for en-bloc sales. In fact, some investors go out of their way to purchase older properties; not only is the cost lower (and sometimes…

Now that HSR is cancelled, what’s the land going to be used for?

1) Housing projects – Spanning 67ha, the former Jurong Country Club is large enough for BTO and condo projects. This is especially since there hasn’t been a BTO project in Jurong East in a long time; 2) Retirement…

5 tips for Singapore property investors in 2021

1) Know your market – It is imperative that you research the housing markets of the specific neighbourhoods where you are looking to buy or sell. A start would be to look at current prices and compare to…

Why do some former school sites get torn down for housing?

As a land-scarce country, balancing between setting aside land for development and conserving old sites is challenging. Over the years, we’ve seen many old buildings get demolished to make way for development. Even the old National Library at…

Where to find the cheapest 5-room HDB flats in Singapore

With Covid-19 still hampering the economy, some homeowners may be opting for prudence; that could mean getting a larger resale flat, instead of a condo. But if your intent is still to upgrade to private housing at some…

Note found in a condo lift complains about noise, but what if it’s not from the neighbour upstairs?

The sad thing about living in a flat or condo is that sometimes we have to deal with a lot of noise coming from our neighbours. And it can get very irritating, especially when the noise is heard…

5 expat enclaves and their rental rates + all-inclusive rental rates list

Expat enclaves are an unofficial part of the Singapore real estate industry; but that doesn’t change the reality on the ground. Some parts of our island are just more popular among groups of foreigners than others. Whether you’re…

Non-mature vs mature HDB estates: What’s really the difference?

About the only time we come across the terms “mature” or “non-mature” HDB towns or estates is when we want to buy a BTO flat. This is when we see which estates are being offered, as well as…

The trend of commission cashback – Why it happens and why it can be harmful

The article below by BT provided a look on the practice of commission cashback – or better known as agents sharing new launch commissions with their buyer. The reason this happens? Developers have to sell their units but…

PPVC Construction: Why it matters for investors (the good, bad, and ugly)

Let’s roll back time to the year 2017. You are a savvy property investor and have realised that the property market has bottomed out. So you believe it is now the right time to start buying your investment…

Is it worth buying a resale HDB for rental income? Top 10 HDB towns by rental yield

One of the biggest advantages of HDB flats is their low cost, in comparison to the potential rental income. In terms of gross rental yield, the typical mass-market condo averages two to three per cent per annum (as…

MOS Burger at One Fullerton: Why do brands like MOS Burger have different F&B outlet concepts

Launched in Jan 2021, MOS Burger at One Fullerton is the latest outlet (48th) opened by the Japanese fast food conglomerate in Singapore. Ever since the first outlet opening at Isetan Scotts in 1993, MOS Burger has expanded…

All units of entire EDEN condo at Ardmore-Draycott enclave sold: A closer look at transactions along the billionaire’s belt

Last week, a report grabbed headlines when all 20 units of EDEN, a freehold condo at 2 Draycott Park, were sold. The purchase amounted to S$293 million, which translates to S$14.65 million per unit. At over 3,000 sqft…

4 potential new housing sites cleared (Balestier, Bedok, Jurong, Toa Payoh): Which will be best?

Just this week, HDB has put out tender documents regarding four sites for housing. As these sites are in mature areas, there’s already a buzz about which of them hold the most promise. The sites are in Balestier,…

Rejuvenating the Core Central Region: URA’s Master Plans for Orchard and Novena

The URA Master Plan is what savvy property buyers look at when researching a potential property for either homestay or as an investment option. Orchard and Novena are the most popular districts in CCR, and we take a…

Four sites in Balestier, Toa Payoh, Bedok and Jurong East to be cleared for housing: A closer look at what it’s like living there

A few weeks ago, it was reported that four sites at Balestier, Toa Payoh, Bedok and Jurong East will be cleared to make way for housing. We wonder how it will be like to have a home there.…

What is the average salary in Singapore and the flat sizes you can afford in the different estates in Singapore

It can be said that the Singaporean dream is own a property (or more properties if you already own one). In a time of rising property prices, the question becomes: what property can an average Singaporean afford? Using…

First time home buyer story: Buying a condo after the 2007 financial crisis and lessons learned

It’s certainly been some time since our last buyer story. This time, we look at the first-home purchase of Andy (not his real name). What’s unusual about this case is the timing of the purchase – Andy bought…

Will Singaporeans be priced out of private property in the future?

EdgeProp reported earlier today that “word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer”. Commenting on this news on his FB…

HDB will not give larger loan amount based on buyer’s pre-Covid19 income

MND Minister has confirmed that the maximum loan amount granted to a flat buyer is derived based on flat buyers’ current income to provide flat buyers with a realistic indication of their housing budget, and to prevent them…

The plight of Dover Forest, and one secondary school teacher’s fight to save it

Though he’s wearing a threadbare military tee from his NS days, it’s hard to imagine Chua Chin Tat crawling through the mud with a semi-automatic weapon. He is calm and deliberate when he plods, heron-like, towards Dover Forest.…

Analysing the gap between new condos and household income (all 28 districts): Which are still affordable to Singaporeans?

There’s a list of “coffee shop complaints” that we hear all the time. A perennial favourite on the list is the issue of housing affordability, especially in the private market. Of late, there have been worries about a…

Why old, strata malls matter more than you think

Queensway Shopping Centre, Katong Shopping Centre, Golden Mile Tower… these old malls are often disregarded, or even considered eyesores. When it comes to “important old buildings”, Singaporeans tend to think of shophouses or historic bungalows; the concept of…

10 free property research tools to boost your chances of buying the right property

1) URA transaction data – The caveats lodged become a good research tool indicating the property actual transaction price; 2) Square Foot Research – It highlights all the surrounding alternatives (or competition, if you’re a landlord); 3) 99.co…

I, a millennial Singaporean, became a fish farmer for a week

Admittedly, there had been a slight sense of romanticism and a considerable chunk of cheekiness when I pitched this assignment. What a fish out of water tale it’d be, I laughed. Joke’s on me, though — I was…

3 things about the Parenthood Provisional Housing Scheme that might interest you

For first-time married, Singaporean couples who need interim housing while waiting for their new HDB flat to be built, they have a few options for temporary affordable living arrangements. An available living arrangement is the PPHS, which is…

10 reasons why we’re seeing an uptick in HDB resale transactions lately

1) Construction delays for BTOs due to COVID-19 – BTO projects are now expected to be completed in four to five years; 2) Oversubscription of BTOs – The balloting process doesn’t guarantee that you’ll get a flat; 3)…

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