Property Market

How the Thomson-East Coast Line is Transforming the East

A new MRT line always brings about hype and conversation. Truer words cannot be spoken for the colourful District 15, which has been patiently waiting for MRT access for decades.District 15, consisting of the East-Coast and Marine Parade residential estates, has a rich and prolific history. From the mid-19th century, the Katong precinct was occupied by the wealthy Peranakan community, a historical fact...

Affordable Freehold Properties – Where Are These Hidden Gems?

If all Government Land Sale (GLS) sites have a 99-year leasehold (99-LH) tenure, then why are there 999-year leasehold (999-LH) or freehold developments? Freehold land parcels were last sold prior to the introduction of GLS Programme in 1967, mostly taking place before Singapore’s independence.In land-scarce Singapore, selling residential land on a 99-year lease allows the government flexibility to...

Rightsizing Your Home: What Condo Options Are There for Senior Home Owners in Landed Properties?

During his first National Day Rally this year, Prime Minister Lawrence Wong cast a spotlight on housing options with improved infrastructure for Singaporean seniors, highlighting that “there are seniors who prefer not to move” who desire to “age in place, where they currently live”. However, some seniors may not be able to preserve their current living arrangements – primarily those who live in...

TDSR, MSR and LTV: How Do They Promote Responsible Borrowing?

For almost anyone doing it for the first time, buying a home in Singapore can be a confusing process. Throw in a bunch of acronyms, like ABSD (Additional Buyer’s Stamp Duty) and MOP (Minimum Occupation Period), and things can get baffling real quick.However, if you’re intending to take out a loan on a new home purchase, two terms that you’ll absolutely need to know are TDSR and MSR.In their full...

2H 2024 GLS: Bumper Crop of Sites to Boost Singapore’s Land Supply

OverviewOn 25th June 2024, the Urban Redevelopment Authority (URA) announced a list of ten sites on the Confirmed List for their Government Land Sales (GLS) program. These will comprise nine residential sites, inclusive of an executive condominium (EC) plot, and a residential and commercial plot.This is part of an active effort by the government to stabilise property prices and manage long-term housing...

Why Should You Be Excited About Singapore’s Ongoing Master Plan?

Singapore’s Master Plan is widely known for guiding the development of every plot of land in the country, ensuring that our urban growth takes place in a systematic and progressive manner. But more than that, the many changes outlined in the Master Plan could mean good news for local homeowners, both current and aspiring. By optimising Singapore’s limited space, the Master Plan aims to tackle...

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