23 Feb '17, 6am

Flat buyers concerned sellers may jack up prices

View of HDB flats in Bukit Panjang. (Photo: Erwin Soo, Wikimedia Commons) Some prospective home buyers are concerned that raising the CPF housing grants may cause flat sellers to jack up prices, reported The New Paper . With effect from Monday (20 February), CPF housing grants were raised by $5,000 to $10,000 for first-timer singles, and by $10,000 to $20,000 for first-timer families, announced Finance Minister Heng Swee Keat in his budget speech. M. L. Yong and her fiancé have been looking for a HDB flat near his parent’s home in central Singapore for the last two years. She said: “The grants are very welcome and make resale flats near his parents more affordable now.” With a combined monthly income of $10,000, the couple plan to tie the knot later in the year. “But what is to stop sellers from charging us more?” asked Yong. While it could be possible that some sellers wi...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

New post added at LushHomeMedia - Higher CPF Ho...

lushhomemedia.com 23 Feb '17, 1pm

Final-year university student Belle Low has been looking to settle down with her boyfriend of four years. So far, her sear...

China’s home prices to drop further in 2017 -

propertyguru.com.sg 23 Feb '17, 7am

The Chinese government has introduced several cooling measures on home buying and lending since last October. The growth o...

US home prices may slump due to Trump’s policies -

propertyguru.com.sg 25 Feb '17, 1am

The threat of deportation is causing many foreign-born people in the US to change their minds on buying a US home. (Photo:...

Non-landed residential prices seem to have bott...

propertyguru.com.sg 01 Mar '17, 10am

Non-landed residential prices seem to have bottomed out. Prices of resale non-landed residential properties in Singapore r...

#Singapore's Assetz Property may verticalise India operations into three

#Singapore's Assetz Property may verticalise In...

economictimes.indiatimes.com 23 Feb '17, 11am

BENGALURU: Singapore-based property developer Assetz Property said it plans to segregate its business in India into three ...

Will GM or Tesla buyers lose electric-car tax c...

greencarreports.com 24 Feb '17, 12pm

Stephen Edelstein Feb 24, 2017 Tesla Model 3 Enlarge Photo A major contributor to electric-car sales is the program under ...

BTO v Resale flat: What adds up for first-timers?

BTO v Resale flat: What adds up for first-timers?

straitstimes.com 23 Feb '17, 1am

I am still on that roller-coaster ride of being a young HDB home-hunter. With the clock ticking down to our wedding this c...

Eye on Novena: Bridging the past and future | Property Market

Eye on Novena: Bridging the past and future | P...

propertyguru.com.sg 25 Feb '17, 1am

By 2030, Health City Novena will become the biggest healthcare complex in Singapore, linking Tan Tock Seng Hospital with a...

Need a place to stay while waiting for your new...

hdb.gov.sg 25 Feb '17, 3am

The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of ...

More help for first-time home buyers to get a f...

hdb.gov.sg 07 Mar '17, 11am

4 Balance flats offered under the Sale of Balance Flats (SBF) exercise, currently held twice-yearly, are popular among fir...

First-time buyers encouraged to get BTO flats i...

propertyguru.com.sg 21 Feb '17, 2pm

Young couples have a better chance of getting a flat in a non-mature estate, as the application rates are lower. The Minis...

HDB resale flats more appealing for first-time ...

propertyguru.com.sg 21 Feb '17, 11pm

Despite expectations of higher demand in the HDB resale market, prices are not likely to shoot up, say analysts. HDB resal...

Find out more on engaging a registered property...

cea.gov.sg 28 Feb '17, 9am

Engage only "legit" property agents Picture this scenario. Janet receives a flyer one day in her mailbox from a property a...

#Australia home prices hit new record in Februa...

propertyguru.com.sg 02 Mar '17, 3pm

Australia’s major cities saw home prices jump 11.7 percent year-on-year in February, surpassing the previous peak register...