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Housing

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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HDB lift with “Waterfall feature” at Tiong Bahru

A video shows a lift located at Tiong Bahru, showered with “waterfall” as a resident takes the lift up the HDB flat. https://www.facebook.com/mrbrownlah/?fref=nf Renowned Singapore blogger, Mr Brown posted the video on his Facebook page, saying that Tiong Bahru flat has “waterfall feature” He wrote that a reader by the name of Jonathan, sent him the video which was taken …

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Over $100 million more grant support for town councils to maintain lifts

On top of existing grants the town councils in Singapore will receive over than $100 million a year in additional funding to maintain and replace lifts, announced the Ministry of National Development (MND) on 2 Feb. A Lift Maintenance Grant (LMG) of $600 per lift owned and maintained by the Town Councils will help them to cope with higher lift-related …

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2017 rate hikes will make your flat more expensive

By SingSaver.com.sg Expect your mortgage payments to increase this year as banks in Singapore pull their fixed rate home loans from the market. On 29 December 2016, several banks decided to pull their fixed rate home loans from the market. This was due to ‘uncertainty’ about future home loan rates, but let us interpret that for you: the banks can see …

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105,500 households applied for EASE programme to enhance home safety

Housing & Development Board (HDB) has announced that close to 105,500 households have applied for a Enhancement for Active Seniors Programme (EASE) to enhance home safety, such as grab bars, slip-resistant floor tiles in toilets and wheelchair ramps, for the elderly since it was launched in 2012. HDB stated that out of this number, total of 42,200 households signed up …

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What type of HDB flats can single Singaporeans buy?

By SingSaver.com.sg Single Singaporeans looking to own their own HDB flats can choose between a BTO unit or purchasing a flat from the resale market. So you’re single and living it up, and the next milestone is to get your own HDB flat. You can finally avoid the increasingly pointed questions from your parents and also get bumped up another rung …

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