state land couple illegal landed property

Couple occupies state land the size of HDB maisonette for 15 years, gets fined $7,000

For nearly 15 years, a couple had illegally occupied 144.2 square meters of state land—the size of a HDB executive maisonette flat—by annexing it as part of their existing three-storey landed property until the law finally caught up with them. Tan Teck Siong and his wife Cheah Mee Poh had bought the 999-year leasehold land,…

divorce case hdb flat mop

Judge rules HDB BTO flat to be priced at market rate, not surrender value, in divorce dispute

A divorce case involving a Yishun Build-to-Order (BTO) flat set a precedent that will determine the manner in which a matrimonial HDB home is split. The High Court judge that presided over the case ruled against the woman who argued that her ex-spouse should sell his share of their HDB flat at its surrender value…

condo rents 2020 punggol watertown condo

Condo rents decline in 2020, with one notable exception

Covid-19 may have left much of the Singapore property market unscathed in 2020, but the economic effects of the pandemic has undoubtably impacted investor-landlords. According to the URA Rental Index, condo rents declined by 0.5% year-on-year in 2020. The signs of a lacklustre condo rental market was also obvious in terms of rental volume, which…

robertson quay condo cbd

Experts share their views on the private property market in 2021

Private residential property prices increased by 2.1% in Q4 2020 compared to Q3 2020, according to the URA quarterly statistics released on 22 January 2021. Prices of non-landed private residential properties, in particular, increased by 3.0% and reflect robust growth in condo prices across all regions in Singapore. The price increase for condos in Q4…

aconso

How to survive a condo show flat experience (without getting ripped off)

It’s not everyday you walk into a makeshift building, and walk out with a seven-figure bill that’ll take you 25 years to pay. But you know what? That’s exactly what happens at show flats. Here’s what buyers, especially first-time buyers, should do to minimise your chances of regret and wasting money on a deposit. Step…

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