Minister Khaw Boon Wan had a busy day in Parliament answering many questions yesterday. One of the issues bought up was housing for singles. It appears that Singaporean singles will be allowed to apply for BTO soon. However, the minimum age of 35 is likely to remain. Ms Tan Su Shan asked the Minister for […]
The government has announced yet another round of property cooling measures. This is the seventh round of cooling measures announced by the Government since 2009 and comes on the back of ever rising public and private property prices. The measures target more on multiple property owners, PRs and foreigners. Quick Summary: Additional Buyer’s Stamp Duty […]
I had an interesting conversation with my friend X yesterday. X : Any good news in Singapore? Everything sounds so pessimistic… Me : Well, your asset value increased. After which, I shared the following links with X. HDB resale prices up 2.5 per cent in Q4 2012 S’pore private home prices up 1.8% in Q4 […]
Just a couple of days after I wrote about Singapore’s increasing property prices and my expectation of more property cooling measures, the government has stepped in with some new measures. Yesterday, MAS announced that there will be a limit to the maximum tenure of loans for the purchase of residential properties. The maximum tenure of all new […]
The housing figures that were released by URA and HDB for the third quarter of 2012 showed that Singapore property prices were still going up. Private home prices up 0.5% in Q3 (Channel News Asia) Singapore’s private home prices climb to record on sales (The Edge Singapore) Q3 HDB resale prices hit surprise high (My Paper) Despite […]