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A HDB upgrader speaks up

A HDB upgrader wrote to the Straits Times forum, saying that now she can no longer afford to upgrade to a condo thanks to the new cooling measures that now requires a 30% cash down payment for the new property.

Are there more people like her out there?

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Foreign homes, sames rules, yeah right...

If someone wants to buy a resale HDB flat, they have to sell their overseas property within 6 months to comply with the new cooling measures.

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Fun facts from Population census 2010

The Department of Statistics has released a population census report for 2010. It presents key trends in demographic profile, population size and growth. The results, we would imagine, comes as no surprise to most of us.

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Toh Tuck Apartments sold for $34 million in en bloc sale

Yet another condo has been sold in an en bloc sale. This time, it’s Toh Tuck Apartments, along Toh Tuck Road. The 40,449 sqft site went for $34 million, or $33.9 million, if you want to be exact.

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1,624 yummy balance HDB flats available for balloting

HDB has released 1,624 balance flats for sale and some are in pretty good locations. Most however are in Punggol and Sengkang.

YUM!

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Yishun Riverwalk HDB BTO launched

Yishun Riverwalk, a new HDB BTO has been launched. Located along Yishun Street 31, it sits beside a "river" and offers 1408 standard flats of which 252 are 5rm flats, 652 are 4rm flats and the rest a mix of 3rm and Studio Apartments.

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ABCs of the latest cooling measures

So many measures, so many rules? How to digest? We have come up with a simple guide that will make you the 'property-expert' among your friends and colleagues when you sit down and inevitably discuss this topic over lunch. So here it is (click the read more).

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More measures to cool the property market

The government has announced several new measures to cool the property market. What are they and will it work? More inside!

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DBSS and EC: Eligibility for loans and grants

Lots of us are pretty confused over the new rules regarding HDB's Design, Build and Sell Scheme (DBSS). Do we qualify for this loan, that grant and so on? Is it any different from executive condos (EC)? Here's a quick breakdown of DBSS and ECs rules and requirements.

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PM Lee says cooling measures on the way

Is the party over?

Cooling measures for the private property market are going to be announced, and we suspect Monday is going to be dominated by property related headlines.

Question is - is this going to be the "big one"?

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DBSS income ceiling raised to $10,000

The income ceiling for HDB's Design-Build-and-Sell Scheme (DBSS) will be raised from $8,000 to $10,000. This change was announced by PM Lee Hsien Loong at the National Day Rally on Sunday night. Most Singaporeans caught in the 'sandwich' class will be glad to hear this no doubt. Do we hear loud cheering in the distance? [UPDATED]

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Weekend Wrapup: 29 August 2010

How time flies, August is almost over! Here's the weeks news, in case you were too busy catching the Youth Olympic Games:

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Be the envy of all with NV Residences

Pasir Ris will see a new condo very soon, and this is none other than NV Residences. But what does NV stand for? Envy? (We know, bad pun.) Jokes aside, this CDL condo sits just next to Livia, also another 99-year leasehold CDL condo. Details? Find out inside.

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7 bids received for Yishun site

The Yishun land parcel located near Yishun Ave 1 and along Miltonia Close, right beside Orchid Country Club received 7 bids when the tender closed yesterday. Unlike the Jurong West plot which did not receive any bids due to it’s ulu location, this one proved more popular.

The likely winners - Hoi Hup Realty and Sunway Developments with the highest bid of $165m (which is 31% higher than the next bid). [Update!]

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Really, say bye bye to that cheap condo

According to a DTZ report, more private home buyers are spending $1m and more on properties. That's another nail in the coffin for the 'cheap' sub-$1m condo. That's pretty obvious going by recent data released by the URA, private home prices are at an all time high. There aren't that many properties selling for under $1m right now.

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Another condo up for en bloc

The latest addition to the en bloc bandwagon is a 16-unit freehold walk up apartment along Pasir Panjang, located new the future Haw Par Villa MRT station. The asking price? $26-30 million. This translates to around $600 - 690 psf ppr.

Will it sell? Well, let's take a look their competition. Hit the 'read more' to find out.

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Scale new heights at Twin Peaks

Orchard Road's latest comes to you via Overseas Union Enterprise (OUE). Twin Peaks at Leonie Hill Road is touted as the first condo in Singapore that comes with fully furnished options. This 99-year leasehold condo has two 36-storey blocks and sits at the edge of Orchard Boulevard. More details inside!

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Downtown Line station locations revealed

Good news! LTA has announced the new locations for the next phase of the Downtown Line or DTL3. Those in the east will have much to celebrate, less travel time and higher land values! The exact locations aren't online yet, we'll let you know as soon as it does.

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Weekend Wrapup: 22 August 2010

Wow, it's so quiet on the property front... is it the Youth Olympic Games or the Hungry Ghosts that's distracting/scaring all the buyers? Anyway, while you ponder on that, here's a (short) roundup of the week's news:

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Capitol Building and Stamford House gets 14 proposals

Seems like this place is one most coveted by developers. A total of 14 bids have been received for the these beautiful colonial-era buildings. Capitol Building and Stamford House could potentially be the next Fullerton Hotel, depending on which proposal URA decides upon.

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