Three new grants to help companies switch to environment-friendly water-cooled chillers
These grants will support firms in switching to low-Global Warming Potential (GWP) refrigerant water-cooled chillers as well as “smoothen the transition to the use of climate-friendly RAC equipment”.
Continue Reading • 12 Oct 2020
Government unveils additional temporary relief measures for property developers affected by COVID-19
The additional relief measures include extending the project completion period for most development projects by another six months. The conditions to qualify remain the same as those provided on the temporary relief measures unveiled on 6 May.
Continue Reading • 12 Oct 2020
URA proposes to conserve Golden Mile Complex
URA proposes to conserve the main building with its signature terraced profile atop the podium block as key features to be retained.
Continue Reading • 12 Oct 2020
Individuals with housing loans may apply to repay 60% of their monthly instalments for up to nine months
As part of a series of the COVID-19 relief measures, applicants need only prove that their income has been affected and that their loan payments are not more than 90 days due, whether or not they had availed of earlier payment reliefs.
Continue Reading • 8 Oct 2020
Banks allowed to use HDB loan as security interest for liquidity
The new Bill aims to strengthen the resilience of Singapore banks amid the COVID-19 crisis. This change would not affect the rights of HDB flat owners to their units, nor change their housing loans’ terms and conditions.
Continue Reading • 7 Oct 2020
Shortlist for 10th PropertyGuru Asia Property Awards (Singapore) revealed
For the first time, this year’s PropertyGuru Asia Property Awards (Singapore) will be held as a virtual gala event and will be broadcasted on AsiaPropertyAwards.com and partner channels, including YouTube and Facebook.
Continue Reading • 7 Oct 2020
Singaporeans with homes in Malaysia see their living costs double up
Singaporeans with properties in Malaysia are paying double the living cost since Malaysia's movement control order (MCO) kicked in.
Continue Reading • 6 Oct 2020
HDB flats designed to cater to changing aspirations
While HDB’s earliest flats were built to be simple and utilitarian, its goal now is to deliver smart and sustainable homes that are functional and cater to the changing concerns and aspirations of the next generation.
Continue Reading • 6 Oct 2020
Caldecott Hill GCB up for sale
The property is situated directly across MacRitchie Reservoir Park and is about 800 metres away from the Caldecott MRT Station, which will become an interchange when it links to the soon-to-be operational Thomson East Coast Line.
Continue Reading • 6 Oct 2020
Lim Chu Kang to be transformed into high-tech agri-food cluster
The redevelopment of agriculture land in Lim Chu Kang allows us to uplift the local agri-food sector, and develop sustainable, highly productive and industry-leading farms of the future.
Continue Reading • 5 Oct 2020
940,000 HDB households to receive GST U-Save rebates
All Singaporean HDB households will receive double their regular GSTV – U-Save rebates this financial year, with larger families receiving 2.5 times their regular GSTV – U-Save.
Continue Reading • 5 Oct 2020
When and Where to Focus Your Listings in October 2020
In this edition, we are going to look at When and Where to Focus Your Listings in the month of October – plus a special bonus treat!While many people are prepping for Halloween, let’s check out to see if our findings are just as spooky!Speaking of spooky, these past 6 months have been a real...
Continue Reading • 2 Oct 2020
DBS expects HDB upgraders to sustain private home sales
The low interest-rate environment, pent-up demand and the fact that prices for property had remained “sticky” are believed to be factors that may have prompted demand from HDB upgraders.
Continue Reading • 2 Oct 2020
HDB further extends suspension of late HDB mortgage payment charges
HDB has extended the late payment charges for mortgage arrears to 31 March 2021 to help Singaporeans cope with the impact of COVID-19.
Continue Reading • 2 Oct 2020
Tenders awarded to transform nine carpark rooftop sites into farms
Freeing up more space for commercial farming is among the strategies of SFA to achieve its goal of meeting 30% of Singapore’s nutritional needs with locally produced food by 2030.
Continue Reading • 2 Oct 2020
HDB appoints three new members to its board
Bobby Chin Yoke Choong, Chairman of NTUC Fairprice Co-operative Ltd, has been re-appointed as HDB Chairman.
Continue Reading • 1 Oct 2020
Private home prices, HDB resale prices up in Q3
Private residential prices increased 0.8% quarter-on-quarter in Q3 2020, while HDB resale prices inched 1.4% over the same period.
Continue Reading • 1 Oct 2020
Top 3 Mortgage Needs You Must Address As An Agent (If You Want to Close Deals)
You’re almost at the finish line of your deal and on the verge of getting your hard-earned commission fee. After all the investments, marketing, and viewings of the listing, you’ve finally reached the mortgage and financing phase of the deal with your client.This phase is often the most daunting...
Continue Reading • 30 Sept 2020
REDAS calls for ABSD deferral for first-time upgraders
REDAS President Chia Ngiang Hong believes the six-month deferral would ease the cash crunch facing first-time HDB upgraders to private properties or executive condominium (EC) units.
Continue Reading • 30 Sept 2020
MinLaw to restrict number of owners a proxy can represent at general meetings for en bloc sales
MinLaw said it will strengthen the safeguards within the Land Titles (Strata) Act to encourage "owners to participate in general en bloc meetings and minimise the risk of proxy abuse".
Continue Reading • 30 Sept 2020