Yesterday, I was at an informal tea session with Steve Melhuish, CEO and co-founder of Property Guru, with a few other people. The session was organized by his PR company, The Public Relations Company. During the session, we had a candid discussion about the business of Property Guru as well as the property market (what […]
HDB has just launched their September 2013 BTO exercise. In this latest exercise HDB BTO, a total of 5,293 flats for available for sale. This comprises 4,156 new BTO flats in Punggol and Yishun, including 84 units of 3Gen flats, which is being introduced for the first time. The 3Gen flats will be located in […]
Yesterday, the government announced new cooling measures for the property market. This time round, the target is on the HDB resale market. It’s about time such targeted HDB cooling measures are implemented as the HDB resale market prices had been on a relentless uptrend for the past few years. The first cooling measure impacts new […]
In the BTO launch exercise announced by HDB yesterday, some 2-room HDB units in non-mature estates have been set aside for singles who were 35 years old and above. While singles can start cheering the move, the chances of getting a unit can be actually quite low. While a total of 519 new 2-room flats […]
When MAS recently announced the new debt servicing ratio rules, it was understood that they also communicated to financial institutions that they should not be offering property-related services to their clients. The restrictions are actually quite wide, some of which are: No special loan rates for designated launches No advertising and promoting of property launches […]