HDB late payment charges suspended further until 31 December

To help “ease the burden” of those who continue to face challenges due to the COVID-19 pandemic, HDB will extend the suspension of late payment charges on mortgage and public rental arrears by another three months until 31 December this year.

Continue Reading1 Oct 2021

Homebuyers facing financial difficulties given more time to make payment

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

Continue Reading17 Nov 2020

Concessionary property tax rates automatically granted to EC, HDB, DBSS flat owners

Only owner-occupied residential properties enjoy concessionary property tax rates. Properties which are rented out or vacant do not enjoy this concession, says Deputy Prime Minister Heng Swee Keat.

Continue Reading5 Nov 2020

Government extends all construction contract deadline by four months

Affected homebuyers can seek reimbursement from developers, including the Housing and Development Board (HDB), for out-of-pocket costs due to construction delays, such as when they would have to rent a place for a longer period.

Continue Reading4 Nov 2020

864 households applied for HDB loan deferments from April to August 2020: MND

Around 2,500 households have received assistance from HDB with their mortgage payments since the start of the circuit breaker period.

Continue Reading15 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 Reading12 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 Reading8 Oct 2020

Supporting You Further with COVID-19 Relief Initiative: Circuit Breaker Edition

Dear Agent Partners,  Hope you and loved ones are coping well, the time we’re facing now is an exceptional one.  Being the first to roll out a suite of relief initiatives for you on 18th March 2020, we understand that the situation has since progressed. We have heard your feedback and are...

Continue Reading13 Apr 2020