Check latest hot topics and new pictures Last Updated: 8 February, 2012
Real Estate

Govt. to revise IRH scheme to better help needy families

Govt. to revise IRH scheme to better help needy familiesThe Interim Rental Housing (IRH) scheme will be revised to better assist Singaporean families that fall hardships and need urgent housing, National Development Minister Khaw Boon Wan announced.

Making the announcement via a blog post, Mr. Khaw said that the National Development Ministry and the Housing & Development Board (HDB) would enhance the scheme in several ways.

Fortune REIT to acquire two HK retail properties for HK$1.9bn

Fortune REIT to acquire two HK retail properties for HK$1.9bnFortune Real Estate Investment Trust (Fortune REIT) has announced its plans to buy Hong Kong-based two retail properties, viz. Belvedere Garden Property and Provident Centre Property, for HK$1.9 billion.

650 HDB flat owners in Boon Lay to get new homes under SERS

650 HDB flat owners in Boon Lay to get new homes under SERS A total of 650 Housing & Development Board (HDB) flats owners in Boon Lay Drive will get new homes, thanks to the government's Selective En bloc Redevelopment Scheme (SERS).

HDB to build additional 1,600 car parking lots next year

HDB to build additional 1,600 car parking lots next year The Housing Development Board (HDB) will construct 1,600 new car park lots during 2012, National Development Minister Khaw Boon Wan has announced.

The new parking lots to be constructed next year will be in addition to the 3,400 parking lots constructed during the past two years.The construction of parking lots will cost to the tune of $66 million.

CEA launches first educational brochure on estate agency work

CEA launches first educational brochure on estate agency work The Council for Estate Agencies (CEA), the real estate industry regulatory, recently launched its first educational brochure on estate agency work.

The educational brochure, titled Consumer Tips for Engaging a Real Estate Salesperson, aims to provide consumers with essential practical information when dealing with property agents.

Singapore govt.’s cooling measures bring drastic fall in home prices

Singapore govt.’s cooling measures bring drastic fall in home prices Singapore home prices seen to dip on cooling measures to cool the property market could drag prices of private residential properties down by as much as 30 per cent over the next year, analysts warned.

HDB launches 7 BTO projects to offer 4,200 new flats

HDB launches 7 BTO projects to offer 4,200 new flatsSingapore’s Housing & Development Board (HDB) on Thursday announced seven build-to-order (BTO) projects that will offer a total of 4,200 new flats.

The projects have been announced for Bedok, Bukit Panjang, Hougang, Punggol and Yishun. New projects include Golden Cassia in Bedok town, Acacia Breeze in Yishun, and Fajar Spring in Bukit Panjang town.