It is common in Singapore for children to live with their parents until they are married, and some prefer to live nearby even after they have married and moved out. Here’s what you should know if you intend to do the same. Assistance granted The HDB has a Proximity Housing Grant (PHG) for different groups … Read more
We all know mothers who have gone to great lengths, including paying top dollar to move into homes close to the schools they want to enrol their children in. But are these properties really worth more? We give you the Guru View Every parent wants to do whatever is within their power to give their … Read more
Gross floor area exemptions may be given for facilities like parking, showers and lockers Developers will be given incentives to provide facilities such as bicycle parking, showers and locker rooms in their new buildings, as part of a new government plan to encourage people to cycle. They may not have to pay for the floor … Read more
Data from property consultancy JLL revealed that a higher number of newly built and uncompleted houses have been placed on the auction block so far this year, amidst a sluggish rental market and a supply glut stemming from the market heydays in 2011 to 2013, reported The Straits Times. To date, 13 units of completed … Read more
Singapore has emerged as the second biggest foreign investor in Vietnam after pumping in US$730 million worth of investments during the first four months of 2016, according to government statistics, reportedVietNamNet. Between January and March this year, the city-state invested in 50 new projects and poured more capital into 23 existing projects in the country, … Read more
owners who want to relinquish their ownership in favour of another family member are no longer permitted to do so, except on certain grounds, reported The Straits Times. Under the new rules which came into force last month, transfer of ownership is only allowed for divorce, marriage, medical reasons, death of an owner, financial hardship … Read more
The Land Transport Authority (LTA) will be calling several tenders for the construction of the 21.5km North-South Corridor (NSC) in the coming months. With the aim of connecting towns in the northern region to the city centre, the NSC is touted as Singapore’s first integrated transport corridor, featuring continuous bus lanes and cycling trunk routes, … Read more
The Urban Redevelopment Authority (URA) and the Council for Estate Agencies (CEA) are currently investigating possible violations of the minimum rental period for private residential properties, reported The Business Times (BT). “CEA and URA have been investigating the cases cited by The Business Times,” Chua Geck Siang, CEA’s Acting Deputy Director (Licensing), told the newspaper. … Read more
Jewellery and property group Aspial Corporation has secured $275 million in revenue after selling all the units at Waterfront @ Faber, which comprises 199 apartments and 11 strata-landed homes. The group expects to receive a substantial payout once the residential project receives its TOP in the first half of 2017. “Despite the challenging operating environment, … Read more
The sales gallery for Gem Residences, the first private condominium to launch in Toa Payoh since 2009, will open (29 April) at Lorong 5 Toa Payoh. Jointly developed by Gamuda Land, Evia Real Estate and Maxdin, the 578-unit project is expected to cater to the pent-up demand for property in the area. A mix of … Read more
You must be logged in to post a comment.