Singapore Property News

SINGAPORE: New private home sales in Singapore more than doubled in September from a month earlier, driven by the launches of Lentor Modern and Sky Eden@Bedok. Excluding executive condominiums

New guidelines mean there will be fewer shoebox units built in central districts, which could drive up their prices on the resale market.

He also addressed worries about the success rate for balloting a BTO flat. Read more at straitstimes.com.

Analysts note that more pressure could be placed on the rental market after the latest round of cooling measures. Read more at straitstimes.com.

Theloan-to-value limit for HDB loans has been lowered from 85 per cent to 80 per cent, while property loans fromprivate financial institutions will see an increase in medium-term interest rate floor by0.5 per cent.

SINGAPORE While newly announced measures to cool the public housing market are expected to reduce the number of million-dollar resale flat t

Private home owners will now have to wait 15 months after they sell their property before they can buy an HDB resale flat.

The Prime Location Public Housing model will help prevent central areas from becoming exclusive neighbourhoods that only the well-to-do can enjoy in private housing, said National Development Minister Desmond Lee.

King Albert Park, Clementi and West Coast areas will likely see a slight boost of up to 3 per cent in prices and more price gains of up to 5 per cent, says a property analyst.

Those that ST spoke to said they will put in an appeal or abandon their plans to buy an HDB resale flat. Read more at straitstimes.com.