2022

6 things we’ve seen in new launch showflats that just make sense to buyers

If you’ve been following 99.co, you’d know that we started visiting new launch condo showflats in 2022 and have written comprehensive reviews of them. From these visits, we’ve noticed several provisions that are becoming increasingly common in new launches. It’s also evident that developers have been taking notes from other new launches and getting to…

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Property Cooling Measures 2022 : Higher Interest Rate Floors, HDB LTV Lowered to 80% and Other Updates

As US interest rates continue to rise, the Monetary Authority of Singapore (MAS), Ministry of National Development (MND) and Housing and Development Board (HDB) have taken a pre-emptive step to introduce new cooling measures (albeit ‘temporary’ and subject to continuous review and updates). The move is aimed at promoting more prudent borrowing and avoiding future…

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Here’s how much the new stress-test interest rates will affect home affordability

Following the increase in interest rates, the authorities have introduced a few cooling measures effective today (30 September 2022) to restrict borrowing by home buyers. The main measure is the increase in the medium-term interest rate floor (also known as the stress-test interest rate) to compute the Total Debt Servicing Ratio (TDSR) and Mortgage Servicing…

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