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.

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.

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.

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

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