2023

1,001 sqft Bendemeer HDB resale flat in Kallang/Whampoa estate sold for S$1m

Chinese New Year may have come early for the first owners of a 4-room HDB flat in Bendemeer, as the flat was recently sold for S$1 million (huat ah!). Spanning 1,001 sq ft, this translates to around S$999 psf. It’s located within the 34th to 36th floor of Blk 10B at Bendemeer Road, which is…

The post 1,001 sqft Bendemeer HDB resale flat in Kallang/Whampoa estate sold for S$1m appeared first on .

Comment on 99.co’s guides: Good Faith Deposit vs Security Deposit by Charlotte

Hello, My friends I are paid a good faith deposit when we submitted an application for an apartment. We were told that our application was rejected and our good faith deposit would be returned, however, the housing agency is taking forever to return the deposit (one month's rent). Is there a maximum amount of time that they can hold onto our deposit? Is is 14 days, the same time limit as a typical security deposit? Thank you in advance for any information!

COV Singapore — What is Cash Over Valuation (COV) of a resale HDB flat

According to The Straits Times, 1 in 4 HDB resale flat buyers paid cash over valuation (COV) on their HDB resale flats in 2022. We’ll explain COV in greater detail later, but it means they agreed to purchase their flats above market value (as determined by HDB). And as the word “cash” implies, any amount…

The post COV Singapore — What is Cash Over Valuation (COV) of a resale HDB flat appeared first on .

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