Housing & Development Board (HDB) has announced that the winners of the HDB Design Awards and Construction Awards to building contractors this year. A total of 11 Design awards and 12 Constructions Awards are to be presented this year. The winners will received their awards from Minister for National Development, Mr Lawrence Wong, during the … Read more
By SingSaver.com.sg Between buying a build-to-own (BTO) flat or executive condominium (EC) in Singapore, a BTO flat may be a more prudent choice. Many Singaporeans aspire toward an Executive Condominiums (ECs), and it’s quite the deal: few other countries have public housing programmes that subsidise a condo! But even if an EC is within reach, does that mean … Read more
By SingSaver.com.sg While IKEA is a fail-safe source of cheap furniture in Singapore, there are other places to score designer-looking pieces for less. It’s bad enough that you’ve nearly spent your last penny purchasing your home, but now you have to kit it out, too? With homes costing an arm and a leg, it’s little … Read more
HDB announced on 17 August that 4,841 flats were launched for sale under the August 2016 Build-To-Order (BTO) exercise. These flats are spread across five projects : Three in the non-mature towns of Hougang, Sembawang and Yishun. Two in the mature town of Tampines. This third BTO launch in 2016, with the 4,170 flats launched … Read more
By SingSaver.com.sg We hate to take away from the fun of home renovations, but it’s important to be practical about this major undertaking. Home renovations are famous for two things: busting the budget, and bringing burning disappointment. Reality TV and it’s “instant makeover” shows have a lot to answer for. In truth, home renovations can be a … Read more
In its glorious day, Big Splash was known for having the tallest water slides in Singapore, but the water attractions were demolished a decade ago. Although the attraction kept its name and still pulls in 300,000 visitors a month with its dining and recreation amenities. But as reported in Straits Times, after 40 years in … Read more
By Property Soul I read with bewilderment the article from Singapore Property Review titled “An inconvenient truth: Property curbs may never be lifted, analysts warn”. “The report argued that unless property prices plunge suddenly and dramatically, buying curbs may not be lifted in order to substantially reduce Singapore’s unhealthy fixation with real estate.” This remark … Read more
By Property Soul In barely a week’s time, two crowdfunding projects have gone wrong. Investors grieved for failure to receive the promised returns and to recover their principal sums. An investment scheme that claimed to finance a builder known as Soilwood (listed company Soilbuild Group sound-alike) has stopped paying the guaranteed 4 to 6 percent … Read more
By 99.co Let’s open up a can of worms: The issue of retirees with little or no income but who own valuable houses. As Singapore’s asset rich but aging population grows, the issue will become more apparent: We will have senior citizens, past retirement age, who have managed to pay off their mortgage. Some will … Read more
By 99.co Due to recent publicity, most Singaporean property buyers are now aware of the ABSD on developers. This is a 15 per cent tax on developments that cannot be completed and sold out within five years. There has been much speculation that this could lead to steep price discounts as the five-year limit closes. … Read more