Housing

by ValueChampion Being a landlord can be a lucrative side business. However, if you’re not careful, renting out your investment property may be much more trouble than its worth. Renovations, accidental structural damage and noncompliant tenants are among the top fears of landlords. With the number of HDB rental applicants increasing 55% between 2011 and 2017, we can surmise that more …

by ValueChampion With HDB flat resale prices stagnate, we looked into ways that homeowners could boost their properties value based on different budgets. In recent months, HDB flat resale values have remained sluggish. Whether this is caused by fears of 99-year leases ending or by cooling measures, it is not a great sign for homeowners. Because these homeowners can’t affect the …

by ValueChampion While landed properties are some of the most coveted property types in Singapore, their high cost makes them more of a dream than a reality for most Singaporeans. How much do you really need to earn to afford these homes? Read on to find out. One of the most coveted types of real estate property in Singapore is the …

by ValueChampion Housing prices in Singapore have decreased in recent months, which may spur younger residents to consider if it is time to purchase their first home. What do these prospective home buyers need to know before making this investment? Following measures introduced by the government intended to reign in the housing market, Singapore’s housing prices have declined in recent months. …

The ‘propaganda onslaught’ on the ‘HDB 99-year’ problem continues? I refer to the article “What it should have been” (Straits Times, Sep 25). The ST article states that: “In a Sunday Times report headlined “Old is gold for these buyers of ageing HDB flats“, we said that National Development Minister Lawrence Wong had warned people not to pay overly high …

A Credit Suisse report published on Wednesday (19 Sep) predicted an increase in the price difference between private apartments and Housing and Development Board (HDB) resale flats in the foreseeable future. This prediction was made based on the expectation that the Voluntary Early Redevelopment Scheme (VERS) introduced by the Government might not be able to pacify buyers’ apprehension regarding the …

Blogger Philip Ang posted a write-up on Sunday (‘PAP ministers lie about recycling land to provide affordable public housing‘, 16 Sep) highlighting that some of the HDB lands were not recycled to build affordable public housing but sold for profits to developers to develop private condominiums instead. “PAP ministers have repeatedly told Singaporeans that public land will be recycled after …

A reader who goes by the name Mr Liew has written to TOC regarding the frequent lift breakdowns at Blk 339A Kang Ching Road. Mr Liew reported that this is not the first time that such a major malfunction has occurred, and that despite numerous complaints have been made by residents to the Jurong-Clementi Town Council, the problem remains a recurring …

HDB Director of Branch Operations, Ms Lim Lea Lea, wrote to ST Forum today (17 Sep) in reply to public enquiries of asking the Government to make the HDB lease buyback scheme (LBS) more “senior-friendly”. The LBS is a monetisation option for elderly household living in HDB flats. Through this scheme, the elderly will be able to tap on their …

So, the government has told Singaporeans that they need to be responsible for their own wallets in dealing with the problem of rising costs and stagnant wages. Indeed, Prime Minister Lee Hsien Loong (LHL) even provided Singaporeans tips on how to save money at his National Day Rally speech. What that speech failed to address, however, was how to create …