Singapore Property News

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.

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.

HDB will,on a case-by-case basis, exempt those with genuine housing needs. Read more at straitstimes.com.

The units are spread across seven housing projects in six estates in the third sales exercise of the year. Read more at straitstimes.com.

The collective sale tender for People’s Park Centre closed on Aug 18 at 3pm.

Analysts expect keen interest in upcoming launches after strong sales at Ang Mo Kio condominium project AMO Residence.

The reserve price for People’s Park Centre works out to a land rate of $2,620 per square foot per plot ratio. Read more at straitstimes.com.

Ang Mo Kio condominium project AMO Residence sold 98 per cent of its units on the first day of launch. Buyers may have been motivated to lock in mortgage rates ahead of further rate hikes, property analysts say.

After the latest Fed rate hike, which mortgage loans are more attractive? We ask the experts some questions you may have in mind.