SINGAPORE : The Housing and Development Board (HDB) has said it will look at requests of those affected by the new changes to resale flat applications on a case-by-case basis.
Errant buyers of HDB resale flats who do not declare about properties they own overseas may face jail term, warns HDB. Making a false declaration could bring fines of up to $5,000 or up to six months in jail. Under the new regulations unveiled by HDB lately, buyers of resale flats will have to sell of [...]
PEOPLE who buy resale HDB flats face stiff penalties, including jail time, if they make false declarations about other property they own overseas. The Housing Board (HDB) said on Friday that dishonest owners could be fined up to $5,000, jailed for up to six months or have their flats compulsorily acquired.
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Although Singapore is one the richest countries in Asia, there are many poor people in its midst who cannot afford the soaring food price and the high cost of living. Many of the needy are the silent workforce – foreign workers. Their salary are so low that Singaporeans would not take these jobs. Most of their [...]
A Singaporean doctor Dr Goh Phuay Yee has slammed the PAP regime for its failure to anticipate the multitude of problems Singapore will be facing with its pro-foreigner and ultra-liberal immigration policies. In a short letter published in the Straits Times Forum yesterday, Dr Goh described the measures introduced lately by the PAP regime as no [...]
IF ONLY she had not sold her HDB maisonette. Now, one private property owner has found herself in a bind because of the slew of measures announced by the Ministry of National Development on Monday to cool the red-hot property market.
YES, I paid $100,000 in cash-over-valuation (COV) for my HDB flat. No, I did not mistakenly add an extra zero to that figure. "Gila" (crazy in Malay), said one friend. Totally exorbitant, chided another.
PEOPLE who own a home overseas will still have to comply with the tough new rules on property ownership if they want to buy a HDB resale flat. The clarification on Wednesday came amid uncertainty over who might or might not be exempt from the rules announced on Monday. The new regulations state that if you buy a HDB resale flat you must dispose of any additional private property within six ...
Singapore Property. Room for rent. HDB rent, sale, resale. :: PropertyZone.sg Forum > SINGAPORE RESIDENTIAL PROPERTY > Apartment / Condo for Rent · Reload this Page Condo for rent, Seafront on Meyer 2 bdrm high flr city view ...
Singapore Property. Room for rent. HDB rent, sale, resale. :: PropertyZone.sg Forum > SINGAPORE SALE, JOBS AND OTHERS... > Items for SALE ! Reload this Page Affordable beauty products ...
CPF's interest rate of 2.5% (subject to cap) per annum cannot outshine the prospects of resale HDB market. From 2004 to 2009, the HDB resale price index grew from 110.4 to 150.8 points at a compound annual growth rate of 5.6%. ...
This index tracks the overall price movement of the HDB resale market. It is derived from resale transactions registered across various towns, flat types and models, using the fourth quarter of 1998 as the base period with an index ...
The move to cool property prices – which have reached an all-time high, according to the government – is aimed at curbing speculation. It won't hurt first-time buyers of Housing and Development Board (HDB) flats, who can still get HDB.
HDB Flats | HDB Resale Flat | HDB Offers 3000 New Flats | HDB Resale A DAY after the government said it would ramp up the supply of flats this year and next, the Housing Board on Tuesday offered 3032 flats for sale, the largest number ...
Buyers of these flats will also be banned from concurrently owning both an HDB flat and a private residential property within the MOP. Private property owners who buy a resale HDB flat must now dispose of their private residential ...
The objective is to assist potential resale flat buyers and sellers in making informed decisions, taking into account the prevailing trends in the HDBresale market. The data is based on approved resale applications and is updated on the 1st and 16th of each month. ...
Prices of resaleHDB flats went up for the fifth consecutive quarter to surpass the 1996 peak by nearly 18%. HDB's flash estimate for the second quarter showed the Resale Price Index (RPI) rise 3.8% on-quarter to 160.9, surpassing the 1996 peak of 136.9 points. ...
Housing agents submitting resale applications or valuation requests on behalf of their clients are to do so via the ... Before submitting the resale application, please check that: sellers are eligible to sell the HDB flat in the open market ...
The Minister for National Development, Mr Mah Bow Tan, announced in Parliament today that HDB will be raising the Minimum Occupation Period (MOP) for the resale of non-subsidised HDB flats from 1 and 2.5 years to 3 years. The objective is to reinforce owner-occupation. ...