04 Jun '14, 2am

More HDB flat owners holding on to units after MOP #PR

Only 470 HDB flats were sold within 12 months after meeting the five-year Minimum Occupation Period (MOP) last year, compared to 1,006 flats in 2012, according to media reports citing HDB. This is a far cry from the 1,231 units offered in the market in 2011 and the 1,338 flats sold in 2010, the highest figure in the past five years. “Last year's HDB resale prices have started to moderate. We saw prices start to come down, especially towards the second half of last year,” said ERA Realty Network’s Key Executive Officer Eugene Lim. “So those who are not in urgent need of selling their flat would probably want to wait it out for the next [upturn], instead of selling their flat when the market is going down.” Instead of selling, more owners opted to sublet their units after achieving the MOP. Last year, 412 flats were leased out compared to just 268 flats in 2012 and 322 flats...

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

Tweets

New: [Reader Story] From HDB Flat to Landed Pro...

propwise.sg 03 Jun '14, 1pm

This post is part of a series where I share reader stories about their experiences (both good and bad) buying, selling and...

Retail units at Holland Road Shopping Centre up...

commercialguru.com.sg 03 Jun '14, 5pm

Jun 3, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share Seven adjoining ground floor retail units at Holland...

HDB flat owners booted out for renting to touri...

propertyguru.com.sg 10 Jun '14, 2am

The Housing & Development Board (HDB) repossessed two flats after it discovered the owners were leasing them to tourist fo...

The Straits Times: Some tough decisions await HDB upgraders...

The Straits Times: Some tough decisions await H...

stproperty.sg 02 Jun '14, 2pm

Private condominiums and HDB flats in the eastern part of Singapore. The vacancy rate in the first quarter for completed u...

Wow everyone on airbnb is going to be investiga...

propertyguru.com.sg 10 Jun '14, 7am

The Housing & Development Board (HDB) repossessed two flats after it discovered the owners were leasing them to tourist fo...

Seven ground-floor units at Holland V mall for sale, Singapore Property News, Singapore Property Guides & Articles

Seven ground-floor units at Holland V mall for ...

stproperty.sg 04 Jun '14, 5pm

The four-storey shopping mall in Holland Village was built in 1972. In the past year, the average selling price of the mal...

Should HDB owners be allowed to profit off thei...

propertyguru.com.sg 13 Jun '14, 3am

As the government gather public’s views on housing, Singaporeans re-ignited a controversial topic in the forum pages in th...

Govt unlikely to remove curbs soon - Property A...

propertyguru.com.sg 02 Jun '14, 2pm

Home prices are likely to fall further before the government rolls back the property cooling measures which were imposed s...

Why prices will not crash: CIMB - Property Auct...

propertyguru.com.sg 26 May '14, 7am

May 22, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Singapore property prices are likely to decli...

Eye on Pasir Ris: Going Back East - Property Au...

propertyguru.com.sg 06 Jun '14, 3am

Pasir Ris Town Park offers family-bonding activities such as pony rides, water sports, cycling, inline skating and barbequ...

Prices for executive flats fell the most at 2.8...

lushhomemedia.com 06 Jun '14, 8am

Resale prices for Housing and Development Board (HDB) flats dipped for the fourth month running, a decline seen across all...

Why prices will not crash: CIMB - Property Auct...

propertyguru.com.sg 24 May '14, 3am

May 22, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Singapore property prices are likely to decli...

Private resale home prices down 1% - Property A...

propertyguru.com.sg 29 May '14, 4pm

With developers launching more new units in the market, resale prices of private homes slid further in April, according to...

Private resale home prices down 1% - Property A...

propertyguru.com.sg 29 May '14, 4pm

With developers launching more new units in the market, resale prices of private homes slid further in April, according to...

Tax crackdown on Bali owners - Property Auction...

propertyguru.com.sg 26 May '14, 7am

Indonesia's Director General of Taxation has begun “sniffing out” illegal Bali villas owned by foreigners that are failing...