On 27 April 2023, new cooling measures in Additional Buyers’ Stamp Duty (ABSD) were introduced, with double the taxation on foreigners buying their first and 2nd homes. April’s measures come on the back of an increase in Buyer’s Stamp Duty for high-end properties in February, and an affordability stress-test (and waiting periods for private home…
The post Cooling measures 101: Signs to note based on past exercises appeared first on .
Earlier this week, HDB announced a few changes regarding income assessment and housing subsidy. The changes took effect from 9 May 2023 onwards — the same day the HDB Flat Eligibility Letter (HFE) replaced the HDB Loan Eligibility (HLE) letter. Among the changes, the ones that caught our eye are these: How the HDB grants…
The post Are the changes in distribution and use of HDB grants a form of cooling measure? appeared first on .
Buying a resale executive condo (EC) comes with its own perks. Resale executive condo prices are usually more affordable than new launches, so it’s suitable for those who want a home with condo facilities but are on a tighter budget. As a public-private hybrid housing, a resale EC is also closer to full privatisation than…
The post Resale executive condominiums (ECs) near MRT stations (within 10-min walk!) appeared first on .
Among the May 2023 HDB BTO projects, we’re 99% (pun intended) sure the Kallang/ Whampoa BTO will be a Prime Location Public Housing (PLH) project. It’s located just across the street from a PLH project, Farrer Park Fields BTO, launched in February 2023. *Looking for alternatives to the Kallang/Whampoa BTO? Check out these recently MOP-ed…
The post May 2023 HDB BTO review: Kallang/ Whampoa appeared first on .