Marketing Rules in China — Source : The Business Times

HDB Properties

HDB flats are public residential development by the Singapore Housing Development Board (HDB). New HDB flats are sold at a subsidised price and this is only exclusively meant for Singapore Citizens. They are open for application either during Build-To-Order (BTO) sales launches or Sale of Balance Flats (SBF) sales launches. Both Singapore Citizens and Permanent Residents that meet HDB eligibility conditions can also purchase HDB flats in the resale market.

Gone are the days when a Singaporean couple could just do a decoupling on their existing HDB flat to avoid the Additional Buyer Stamp Duty (ABSD). If you have vaguely heard about HDB Decoupling, are interested to find out more or have the intention of doing it so that you pay lesser stamp duty in your next property purchase, unfortunately you are way too late.

Jurong Lake Gardens in the near future

A definite reason to call for a celebration for home buyers or investors who own a property in the Jurong Lake District. The Jurong Lake Garden will soon be incorporated with Smart Technology. Solar photovoltaic panels which convert solar energy into direct current electricity to power the activities within Jurong Lake Gardens will be used. The Garden will also be used as a testbed for green products.

New Large Childcare — Source : Early Childhood Development Agency www.ecda.gov.sg

Financial Considerations when getting a home — Financial considerations play a major role when getting a home.

When comes to setting the criteria and requirements for a dream house, the list of considerations can definitely go on and on, from location to its’ proximity to the nearby MRT stations and amenities, to whether it is a freehold or leasehold property. However before getting to all these, do ensure that you are financially ready first.

New Launch or Resale Condo

To many of us, getting a new home is never an easy task and requires lots of planning and serious consideration. Other than the common questions such as getting a Leasehold or Freehold condo, another concern will be whether to get a brand New Condo or Resale Private Home. The table below is a brief summary on the pros and cons of getting a new or resale home.

Cooling Measures Review (Credits : The Straits Times)

A resale HDB unit at Bukit Panjang was recently transacted at a record of $634,000. The 13 year-old unit is a 5-room premium HDB flat situated at 185 Jelabu Road, it has an area of 119 sqm and is on the 19th floor. This 5-room unit had attracted 20 interested homebuyers and the highest and second highest offer were just at a difference of $4000.