In a move that underscores Singapore’s nuanced approach to housing policy, about 940 senior households have been granted an exemption from the 15-month wait-out period for purchasing Housing Board (HDB) resale flats. Introduction to the wait-out-period exemption This exemption applies to those who owned private properties and sought to buy a four-room or smaller HDB…
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Mindlink Groups has decided not to proceed with its planned merger and acquisition deal with Century 21 Singapore. This decision, announced on 2 February 2024, follows complications related to the Foreign Interference Act, which impacted a key advisor of Century 21. The announcement indicates that legal challenges played a significant role in halting the merger,…
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HDB million-dollar flats are on the rise once again, with January marking a significant milestone in Singapore’s property market. Not only did January witness the highest number of million-dollar HDB sales to date, but it also saw the most expensive HDB flat, fetching S$1.568 million. This price tag is a little over the previous record…
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Singapore’s Kembangan estate is poised for a significant transformation with the proposed Housing and Development Board (HDB) integrated development adjacent to Kembangan MRT station. This project marks a pivotal shift in the area’s landscape, promising to bring a blend of residential comfort and community vibrancy to one of Singapore’s established locales. The development aims to…
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In our recent flash report of rental trends in Singapore’s market, Luqman Hakim, 99.co’s Chief Data & Analytics Officer, noted a “continuing downward trend in condo rental prices while HDB rentals maintained an upward trajectory”. This pattern persisted throughout most of the past year, with occasional fluctuations. Given this backdrop, a reader recently posed a…
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The Woodlands Checkpoint, a pivotal border crossing in Singapore, is poised for a significant transformation. Scheduled to begin in 2025, this expansion will increase the checkpoint’s size by fivefold. This development is a strategic response to the rising volumes of travellers, ensuring the checkpoint’s capacity keeps pace with demand. The project symbolises a major infrastructural…
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The Housing and Development Board (HDB) resale market in Singapore has always been a dynamic and critical component of the nation’s housing landscape. In recent times, this market has witnessed some significant milestones, particularly in terms of resale prices. Notably, the towns of Serangoon and Queenstown have set new benchmarks with their all-time high (ATH)…
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In the bustling city-state of Singapore, the Certificate of Entitlement (COE) stands as a pivotal mechanism in the regulation of vehicle ownership and road space management. This system, unique to Singapore, not only influences the automotive market but also reflects the country’s innovative approach to urban transport management. The COE system, at its core, is…
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