New Citizens Ahead Because of Kids - Working as Intended?

Way before the whole Punggol East by-election and Population White Paper exploded on the scene, there was an announcement about new schemes for boosting birth rates. One of these is the Parenthood Priority Scheme, which deals with Build-To-Order (BTO) flats offered directly from the Housing and Development Board (HDB). Essentially, the scheme sets aside a significant [...]

6.9 Million Raises Spectre of Shoebox ECs

The past few months have demonstrated that controlling a vigorous property market is akin to steering a canoe in rapids with a spoon. Despite cooling measure after cooling measure, the market always finds new ways to upset the careful direction laid out by the authorities. This is even so in public housing, where there is, traditionally, a [...]

Our Take on Risk Transfer from Government to the People

We came across this post on The Real Singapore just the other day, as we were surfing for the latest happenings in Singapore. It raised a few points that struck us as a good critique of the current situation in Singapore, vis-a-vis the policy direction of the government. The author, Jeremy Chen, is a PhD [...]

How Recent Cooling Measures Affect HDB Loans - Annex IV

So, in my previous article about the cooling measures directed at public housing, I promised to talk more about Annex IV (due for release 1 July 2013), which deals specifically with purchase of HDB flats with less than 60 years of lease remaining. Well, here it is! After analysing Annex IV in greater detail, we [...]

Massive Buzz to Weekend Cooling Measures

It’s been three days since this round of cooling measures was announced, and quite a buzz has been generated already. Several responses caught our eye, prompting us to make this post. The first thing to catch our attention, but not our surprise, is the negative sentiment towards the measures. While it was bound to happen, given [...]

Public Housing Sector Gets Some Cooling Too

In addition to addressing private property directly (as we detailed in our articles on ABSD and LTV), the new cooling measures also had something for the public housing market. I guess they didn’t want Housing Development Board (HDB) flat buyers to feel left out! The measures targeted specifically at the HDB market takes direct aim at [...]

New Cooling Measures Affect Loan-to-Value (LTV) Limits and Minimum Cash Down Payment

The swift actions by the government bodies in response to the Executive Condominium fiasco discussed in our earlier article and the continued escalation of property prices are probably welcomed by many.  Of course there will be those who will not agree with the need for new cooling measures, but we reckon that it is prudent for [...]

New Additional Buyer’s Stamp Duty (ABSD) Rates

New Additional Buyer’s Stamp Duty Rates will be in effect today!  Here are the comparisons against current rates as released late yesterday evening by authorities.

$2.05M EC Penthouse - A Case of No Winners?

Over the weekend, you might have heard about a $2.05 million Executive Condominium being sold in a scant 2 hours after booking began at 10am.  This has certainly created quite a buzz.  Some questioned the high price, while others were shocked with the size and overt luxury afforded in the public housing sphere, all subsidised [...]