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Are the changes in distribution and use of HDB grants a form of cooling measure?

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…

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Resale executive condominiums (ECs) near MRT stations (within 10-min walk!)

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…

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