Category Archives : Government Updates !

Q2 2015 Market Update at a Glance !

PRIVATE RESIDENTIAL PROPERTIES Sources: URA Private residential market at a glance (excluding ECs): Prices and Rentals Prices of private residential properties decreased by 0.9% in 2nd Quarter 2015, compared to the 1.0% decline in the previous quarter. This was the seventh straight quarter of price decline.   OFFICE SPACE Office market at a glance: Prices […]

retail market

HDB Launches 3,841 BTO flats

July 2014 BTO Exercise On 19th Jul 2014, HDB launched 3,841 new flats in six project in non-mature & mature towns located in:- Punggo; Sembawang; Woodland; Yishun; Toa Payoh under Jul 2014 Build-To-Order (BTO) exercise. [1] HDB will set aside up to 15% of the SAs, 2-room and 3-room flats in a BTO project (subject to […]

HDB Valuation Process

Changes to HDB Valution Process

Changes to HDB Valuation Ruling (Source from ST Property) Buyers and Sellers of HDB flats will now undergo a different process when settling on a price, after announcements made by Minister Khaw Boon Wan on 10 March 2014. This will eventually improve the long-term stability of the Resale Market. Under the new ruling, buyers who […]

MediShield and MediShield Life Premiums (reveiw) 2015

MediShield and MediShield Life Premiums Source: MediShield Life Review Committee. Reference to the Government’s recent proposal enhancement in the MediShield Life, which is designed to cover all Singapore citizens and permanent residents and aims to cover all conditions for life, including pre-existing ones. However, I believe there should be more rooms of improvements as there […]

MediShield subsidies

Foreign Property Purchase

Unlicensed property agent faces charges

She allegedly sold foreign properties through a business The Council for Estate Agencies said investors should exercise due diligence when buying foreign properties and beware claims of high returns and low initial down payments. Singaporeans bought $2 billion worth of foreign property last year. — PHOTO: CBRE BY RACHAEL BOON   A 50-YEAR-OLD woman has […]