April 22, 2022

Should HDB build bigger flats?

Singaporeans hold a common belief that HDB flats of today are generally much smaller than those built decades ago.  However, this has been debunked by former Minister Khaw Boon Wan during a dialogue in 2012, stating that HDB’s design criteria have remained unchanged since 1997. Feeling the squeeze More Singaporeans are starting to feel boxed...

The post Should HDB build bigger flats? appeared first on 99.co.

Bishan HDB with 64 years left sold for $1.18m, with a record S$750 psf for the neighbourhood

Most of us have the assumption that the older the 99-year-leasehold flat (read: shorter remaining lease term), the lower its appreciation value. This seems to be far from the case, particularly for one very fortunate homeowner in Bishan Street 13. The owner of a 1,571-sqft HDB maisonette, which has 64 years left on its lease,...

The post Bishan HDB with 64 years left sold for $1.18m, with a record S$750 psf for the neighbourhood appeared first on 99.co.

0.3% drop in condo prices, rising rents after last December’s cooling measures

URA has released the statistics for the private property market for Q1 2022. In general, prices of private residential properties have increased at a slower rate of 0.7% in the last quarter, compared to the 5.0% increase in Q4 2021. The slower price growth came on the back of last December’s cooling measures, which saw...

The post 0.3% drop in condo prices, rising rents after last December’s cooling measures appeared first on 99.co.

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