In a surprising turn of events, the compensation for Ang Mo Kio SERS residents has been determined to be approximately 7.5% higher than initial estimates. Additionally, it has been revealed that about 3% of HDB flat owners also own at least one private property, shedding light on a lesser-known aspect of Singapore’s property landscape.
On 24 June 2023, eager homebuyers flocked to witness the grand preview of The Myst and Lendor Hills Residences. Showcasing luxurious amenities and exquisite designs, these developments promise the epitome of modern living. Meanwhile, in an unprecedented transaction, a Tiong Bahru HDB resale flat was recently sold for a staggering $1.5 million, setting a new record in the market. Stay updated with these latest real estate ventures and more.
In the article “Pinetree Hills Preview Prices From $2,236 PSF, Kingsford Emerges As Top Bidder for Marina Gardens Lane GLS Site, and More,” we explore the caution exhibited by developers amid increased risks in the latest land tender results [(https://www.businesstimes.com.sg/property/latest-land-tender-results-show-caution-among-developers-big-sites-amid-heightened-risks)]. Kingsford secured the Marina Gardens Lane site with their top bid of S$1.03b, while Pinetree Hills offers a sneak peek at prices starting from $2,236 per square foot. Stay informed about these developments and more.
In a frenzy of excitement, all Serangoon May 2023 BTO flats were quickly sold out, leaving aspiring homeowners eagerly awaiting the next launch. Meanwhile, Grange 1866’s much-anticipated preview event is scheduled for 17 June 2023, attracting prospective buyers searching for their dream abode. Stay tuned for more updates on Singapore’s real estate market.
The iconic Singapore Turf Club will soon make way for public housing, as the government announces plans for its redevelopment. In addition, the Housing and Development Board (HDB) has extended the sales deadlines to May 2023, providing relief for potential buyers affected by the COVID-19 pandemic and market uncertainties. Stay tuned for further updates on these significant developments.
According to recent data, Tenet EC has successfully sold 93.2% of its units, with 576 out of 618 units being bought by second-time buyers [(https://www.propertyguru.com.sg/property-management-news/2023/1/207630/tenet-ec-now-93-2-sold-mould-stained-anchorvale-parkview-blocks-to-undergo-repairs-and-more)]. In addition, the Anchorvale Parkview blocks, which have been affected by mold stains, are scheduled to undergo repairs.
In a recent article titled “Some Condos Offer Discounts, 150 HDB Flat Owners Caught Buying Private Homes Within MOP, and More,” discover the enticing discounts provided by certain condominiums and the controversy surrounding 150 HDB flat owners who purchased private properties before their Minimum Occupation Period ended. Stay informed with the latest real estate news. [(https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/acquiring-private-property)]