April 2021

THE tender for the commercial and residential site along Jalan Anak Bukit, near Beauty World MRT station, will now close on June 29, 2021. The Business Times - Read...

MND shared that for those who have exhausted their two HDB housing loans, HDB will exercise “flexibility on a case-by-case basis to provide another HDB housing loan to those who are in urgent need of housing”. The HDB housing loan is intended to help flat buyers finance their home acquisition, and all flat buyers are deemed to have taken the housing loan once it is disbursed, regardless of whether they...

Property agents must give clients accurate, unbiased advice“Real estate salespersons must therefore be fully conversant and comply with the relevant laws, regulations and codes that apply to property transactions, and must not do anything which may directly or indirectly lead their clients to infringe them,” said MND. When advising clients on property purchases, real estate salespersons – also known...

MND revealed that HDB is working with various agencies on mitigating measures to reduce the length of delay, including securing exemptions “to allow less noisy construction activities to be carried out on Sundays and public holidays where possible”. About 85% of the ongoing Build-To-Order (BTO) projects have been delayed by around six to nine months beyond the Estimated Completion Dates (ECDs)...

GRADE A offices could lead the recovery of Singapore's office market in 2021, said a CBRE report on Monday. This comes amid announcements that work-from-home arrangement no longer remains the default arrangement in Singapore. The Business Times - Read...

CHRISTINE Li has joined Knight Frank as head of research for the Asia-Pacific, based in Singapore, the real estate consultancy said on Monday. The Business Times - Read...

VALUATIONS of green assets could get frothier in the short run, said panellists at Mapletree Investments' annual lecture at the Singapore Management University. The Business Times - Read...

Singapore’s property market witnessed an unexpected recovery, driving up resale prices and leading to a comeback of cash over valuation (COV).  Despite the pandemic, Singapore’s property market witnessed an unexpected recovery, driving up resale prices and leading to a comeback of cash over valuation (COV), reported TODAY. The COV refers to the difference between a resale flat’s sale price and its...

950,000 HDB households to receive U-Save rebates in AprilIn total, the regular U-Save and U-Save Special Payment for this financial year will amount to $460 million in rebates, to support families with their household expenses. About 950,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher (GSTV) U-Save rebates this month, revealed the Ministry of Finance...

CO-LIVING startup Hmlet on Thursday laid off over 20 employees in middle and upper management roles to cut costs amid financial woes, The Business Times has learnt. This represents about 20 per cent of its headcount. The Business Times - Read...