2022

Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners

In an effort to fight inflation and cool consumer spending, the US Federal Reserve has increased its interest rate by 75 basis points – its highest rate hike since 1994. This would set the Fed’s benchmark federal-funds rate – or in layman’s terms, the rate banks lend to each other – to between 1.5% and...

The post Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners appeared first on 99.co.

August 2022 HDB BTO in-depth review: Choa Chu Kang

BTO season is upon us again, and in this August 2022 HDB BTO review, we’ll be covering the quiet town of Choa Chu Kang.  A population of 169,000 residents call the sleepy, serene estate home. Located at the north-westernmost point of Singapore’s west region, it used to be home to a kampung village and rubber plantations until...

The post August 2022 HDB BTO in-depth review: Choa Chu Kang appeared first on 99.co.

Tackling ceiling leaks and water seepage in your HDB

If you happen to glance up and notice your ceiling paint blistering or peeling, patches of discolouration or dripping water (a dead giveaway), you most likely have a ceiling leak that needs to be fixed.  What causes ceiling leaks and water seepage? Ceiling leaks The common cause of ceiling leaks is water leaking from the above unit...

The post Tackling ceiling leaks and water seepage in your HDB appeared first on 99.co.

Million-dollar 4-room HDB resale flats: What, Where, Why and When?

In May 2022, 2 of the 30 million-dollar HDB resale flats sold were 4-roomers. One was a 1,012-sqft flat in Pinnacle@Duxton while the other was a 1,023-sqft flat in Bishan’s Natura Loft. Few realise that the Pinnacle@Duxton flat, which sold for S$1.228m, is a record in the history of 4-room HDB flats. While it’s de...

The post Million-dollar 4-room HDB resale flats: What, Where, Why and When? appeared first on 99.co.

No more early MOP for SERS replacement flat owners, starting with AMK SERS

99.co has recently found out from the HDB website that it has changed its Minimum Occupation Period (MOP) criteria for those who have bought a replacement unit through the Selective En Bloc Redevelopment Scheme (SERS). Similar to those buying a typical HDB flat from the Housing Board and the resale market, the MOP is now...

The post No more early MOP for SERS replacement flat owners, starting with AMK SERS appeared first on 99.co.

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