2022

Alvin Kwa and Hazel Lim: Perfectly complementing each client to achieve success

The duo’s focus on consistency and sincerity has won them not just numerous awards, but their clients’ hearts. Sparking a flame of passion for real estate Alvin and Hazel have a collective 14 years of experience between them. For Hazel, hitting a low period in her marketing and branding job had left her feeling aimless,…

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6 signs luxury property foreign buyers, with Mainland Chinese in the lead, are unfazed by recent cooling measures

Despite the cooling measures in December 2021 and interest rate hikes, signs from the last eight months show that the foreigner buying demand for luxury condos (worth S$3m and above) isn’t diminishing anytime soon. In fact, they continue to attract top foreign buyers, particularly from Mainland China. Between January and August 2022, Chinese buyers (Permanent…

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3 questions we have arising from Minister Desmond Lee’s comment on the S$270 million loss incurred for Central Weave (August 2022 Ang Mo Kio BTO)

Minister for National Development Desmond Lee said in Parliament on Tuesday (4 October) that HDB will incur an estimated development loss of S$270 million from the Central Weave @ Ang Mo Kio BTO.  The project was launched in the last HDB BTO exercise in late August. In particular, it drew significant attention during its launch,…

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Will the HDB Home Loan Interest Rate Increase in 2022?

The current HDB mortgage loan interest rate is 2.6%, but with growing interest rates and inflation concerns, will it be adjusted? We ask Paul Wee, Vice President, PropertyGuru Finance, PropertyGuru Group what this mean for Singaporean homeowners financing their HDB flat in 2022 and beyond.

Comment on 181.7 second timers are competing for each available unit at Central Weave @ AMK by Robert

I find it hard to believe the HDB is losing money on the flats it offers. Something is wrong if, at the new ridiculous high prices, HDB is losing money. Is this a case of creative accounting? The thing is that there are people like me who are cynical of what the government puts out. I find it hard to believe and trust the government. This government seems very mercenary and lacks empathy. I remember when HDB prices were really,really affordable that eg I was able to pay off my HDB loan for my then 4A-Rm within 5 years. Now, the young couple would have to be in debt for 25 to 30 years!

Why these 4-room HDB resale flats near the CRL Phase 2 stations show absolute potential

Over the past few weeks, there has been a spate of good and bad news. One good news is that the new 6 Cross Island Line Phase 2 MRT stations were announced, so homeowners near those stations will have something to rejoice about. However, the bad news is the cooling measures which came into effect…

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