The Housing and Development Board of Singapore took action against 25 people who bought a public housing flat and broke the rule of having to live in it for a certain amount of time before selling it. These cases happened over the course of five years, from 2017 to November 2022. Out of the 25 cases, six people had their flats taken away from them by the authorities.
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If I didn’t invest all of my savings in the house, I would likely have squandered them unnecessary expenses like shopping and partying Taking on a large mortgage with no savings was difficult, but it proved to be one of Mr Tewari’s better financial moves, and he became a believer in long-term investing. Real estate […]
Property analysts predict that stricter rules for Built-to-Order (BTO) flats will result in fewer applicants beginning in August. These new rules include limiting the number of times a person can apply for a flat and requiring a longer minimum occupancy period before selling a flat. Analysts believe that this will increase demand for resale flats […]
Rents in Singapore’s Housing and Development Board (HDB) flats and condominiums increased more sharply in February 2023 compared to the previous month. The rental volume, on the other hand, has been declining. The SRX Property Rental Index, which measures monthly rents in Singapore, provided these findings. According to the data, while rental rates are increasing, […]