HDB Upgrading Guide

HDB Upgrading Guide

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Five-room Bishan HDB flat sold for record $1.36m in 3 days, multiple offers received 01/11/2021

The unit at Block 273B Bishan Street 24 - in a Design, Build and Sell Scheme (DBSS) project called Natura Loft - smashed the previous high of $1.295 million logged in July by a five-room unit in the same project.

Five-room Bishan HDB flat sold for record $1.36m in 3 days, multiple offers received It smashed the previous high of $1.295 million logged in July by a five-room unit in the same project.. Read more at straitstimes.com.

UOL-SingLand JV to buy Watten Estate Condominium for S$550.8m 28/10/2021

The property can be redeveloped into 286 units based on the mandatory minimum average size of 100 square metres, according to JLL.

UOL-SingLand JV to buy Watten Estate Condominium for S$550.8m AN 80:20 joint venture (JV) between United Venture Investments (UVI) and Singland Residential Development (SRD) has been awarded a tender to purchase en bloc property Watten Estate Condominium (WEC) for S$550.8 million. Read more at The Business Times.

Future owners of prime area BTOs to face 10-year minimum occupation period, subsidy recovery rules 27/10/2021

Buyers of prime location BTO flats will have to keep them for at least 10 years before selling, and pay a percentage of the resale price to HDB.

Future owners of prime area BTOs to face 10-year minimum occupation period, subsidy recovery rules SINGAPORE: Buyers of future Build-to-Order (BTO) flats in prime locations will face a longer minimum occupation period (MOP) of 10 years, as part of a new model meant to keep housing in these locations accessible for Singaporeans, said the Housing & Development Board (HDB) on Wednesday (Oct 27). T

URA launches sale of Dairy Farm Walk residential site 21/10/2021

URA launches sale of Dairy Farm Walk residential site The 99-year leasehold site falls under the confirmed list of the second half of the government land sales programme in 2021.. Read more at straitstimes.com.

99% of units launched for sale at Jervois Mansion in District 10 snapped up by buyers 18/10/2021

"It signifies the strength of the high-end market, especially when it comes to a quality project in a prime location."

99% of units launched for sale at Jervois Mansion in District 10 snapped up by buyers The average selling price for the units taken up was $2,548 psf.. Read more at straitstimes.com.

HDB resale prices at all-time high after 2.7% rise in third quarter: Flash estimates 14/10/2021

The biggest price increase was in Bukit Timah at 12.4 per cent while the biggest fall was in Marine Parade at 9.1 per cent.

HDB resale prices at all-time high after 2.7% rise in third quarter: Flash estimates SINGAPORE: Resale prices in the public housing market are at an all-time high after rising 2.7 per cent in the third quarter of 2021, according to flash estimates released by the Housing and Development Board (HDB) on Friday (Oct 1). The resale price index, which provi

Chinese property buyers turn to Singapore, Portugal as alternative investment destinations 22/12/2020

In Singapore, Chinese buyers accounted for nearly 25% of the total foreign property acquisitions during the first three quarters of 2020, showed Cushman and Wakefield data.

Chinese property buyers turn to Singapore, Portugal as alternative investment destinations

Singapore Property Market Index Q4 2020 15/12/2020

Given low-interest rates and their access to funds (after turning a profit from the sale of their flat), the homeowners of these properties are likely to be large contributors to the robust demand observed.

Singapore Property Market Index Q4 2020 Despite the face of a deepening recession, there was a burst of activity in the Singapore property market. Here are some of the key highlights of the PMI Q4 report.

Homebuyers facing financial difficulties given more time to make payment 08/12/2020

The extension from 31 December to 31 March 2021 seeks to help residential, industrial and commercial property buyers affected by the pandemic.

Homebuyers facing financial difficulties given more time to make payment

Undeterred by COVID-19, Singaporeans on property buying binge 01/12/2020

While the COVID-19 pandemic has triggered Singapore’s worst-ever recession, it has not deterred Singaporeans from snapping up properties, reported Reuters.

Undeterred by COVID-19, Singaporeans on property buying binge The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent "given the labour market uncertainties in the current economic situation".

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