Lawrence Wong: Be attentive and realistic in choosing home for life

The Minister for National Development Lawrence Wong warns members of the public to pay attention and be realistic when buying old flats, especially in relation with the Selective En bloc Redevelopment Scheme (SERS). The Minister reminds buyers that SERS only offered to HDB blocks located in sites with high redevelopment potential, which are typically sites where the land has not …

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Who should buy an executive condominium?

By SingSaver.com.sg For some Singaporeans, an Executive Condominium is an aspiration. For others, it might actually be a necessity. An Executive Condominium (EC) is an aspiration for some Singaporeans. But for others, particularly those who cannot afford private housing but do not qualify for an HDB flat, it may be a necessity.Here, we examine who exactly should be getting one of …

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Who should buy a resale HDB flat?

By SingSaver.com.sg Because of the price and potential Cash Over Valuation, resale HDB flats are not for everyone. It’s a common conundrum for Singaporeans. Should you buy a resale HDB flat (pricier than most BTO flats), or a mass market condo instead? Or should you just opt to be prudent and buy new? In this article, we look at the key …

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HDB loan vs bank loan – What should you consider?

By ValuePenguin.sg If you are considering purchasing a home in Singapore, you have two options: HDB or private properties. For those buying a HDB flat, which represents about 80-90% of the market, deciding on whether to get a HDB concessionary loan or a HDB bank loan can be like being between a rock and a hard place. Both has unique …

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AWARE urges Singapore Govt to accommodate single parents in housing policies

Public housing policies create serious difficulties for single parents, this is according to a report released by the local non-government organisation, AWARE on 15 February. AWARE in its report, suggests that the policies should be amended to be more inclusive. The released study involved in-depth interviews with 55 single mothers and found 95 percent of interviewees who sought public housing faced problems, …

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HDB launches 4,056 Build-To-Order flats in February’s exercise.

The Housing & Development Board (HDB) launched 4,056 Build-To-Order (BTO) flats in Punggol, Clementi and Tampines on Tuesday (14 Feb), HDB announced on its press release. These flats are in six projects: Waterway Sunrise II, Northshore Cove in Punggol, Tampines GreenBloom, Tampines GreenFlora, Clementi NorthArc, and Clementi Peaks. They are the first portion of 17,000 flats to be launched in …

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