Posted on May 12, 2008 by lushhomeonline
THE Central Provident Fund (CPF) board will keep the interest rate for members’ CPF savings in their Ordinary Account at 2.5 per cent for the third quarter of this year.
According to a joint statement by CPF and HDB on Monday, the computed CPF interest rate derived from the major local banks’ interest rates for the [...]
Filed under: General, Govt Policy, HDB News | Tagged: Central Provident Fund, CPF, CPF Interest, HDB, HDB Loan Rates, HDB Mortgage Rates, HDB News | No Comments »
Posted on May 6, 2008 by lushhomeonline
Key sectors seen benefiting include hotels, aerospace, healthcare, transport
URBAN Redevelopment Authority’s Master Plan 2008 - which will be exhibited soon - will see changes in land use and increases in plot ratios, but these will be selective and focused on growth areas, rather than a widespread upgrade in densities, DBS Vickers Securities said in a [...]
Filed under: General, Govt Policy, Market Reports, Masterplan | No Comments »
Posted on April 5, 2008 by lushhomeonline
WILL plot ratios go up in the draft Master Plan 2008?
‘There will be changes in certain places to reflect certain local situations, local conditions,’ National Development Minister Mah Bow Tan said yesterday without elaborating.
But there will ‘not be a major review across-the-board’ of plot ratios for the draft Master Plan 2008, he said. Plot ratio [...]
Filed under: General, Govt Policy, Masterplan | Tagged: Master Plan 2008, Plot Ratios | No Comments »
Posted on April 5, 2008 by lushhomeonline
NATIONAL Development Minister Mah Bow Tan yesterday disagreed with suggestions by property tycoon Kwek Leng Beng on the need for the government to review its first-half 2008 land sales programme and rethink its decision to scrap the deferred payment scheme.
Mr Mah said the government can be nimble on state land sales because the programme is [...]
Filed under: General, Govt Policy | Tagged: Deferred Payment Scheme, Land Sales, Singapore Home Ownership Policy | No Comments »
Posted on April 5, 2008 by lushhomeonline
On rental housing:
‘Our strategy is two-pronged… We are looking to increase the supply from 43,000 today, to go up to about 50,000. So that’s another 7,000 - an increase of about 20 per cent.
‘We are also relooking the eligibility criteria to make sure they cater to the really needy.
‘As an article mentioned today, a lot [...]
Filed under: General, Govt Policy, HDB News | Tagged: Deferred Payment Scheme, HDB, HDB News, HDB Rental, Singapore Population | No Comments »
Posted on April 5, 2008 by lushhomeonline
National Development Minister Mah Bow Tan has said there is no shortage of housing in Singapore.
He said, “Based on all the BTO (Build-To-Order) projects that we’ve had so far, (for) all of the projects, all of the developments for the last year - except one - there’ve always been flats left over, even after everybody [...]
Filed under: General, Govt Policy, Market Reports | Tagged: Deferred Payment Scheme, Housing Supply, No Housing Shortage, Singapore Property | No Comments »
Posted on April 3, 2008 by lushhomeonline
CDL chief suggests review of land sales, rethink on deferred payment scheme
The uncertainty surrounding the local property market will last at least another six months and stakeholders must stay nimble to deal with the changing tides, says property tycoon Kwek Leng Beng.
Speaking to BT, he said that the standstill in the local property market would [...]
Filed under: General, Govt Policy, Land Sales, Office / Retail Space | Tagged: CDL, Deferred Payment Scheme, Kwek Leng Beng, Land Sales, Office Rental, Singapore Office | No Comments »
Posted on March 25, 2008 by lushhomeonline
THE Housing and Development Board will introduce mandatory checklists for housing agents handling resale flat transactions from May 1 - a move welcomed by industry players.
The checklists cover key policies and procedures that housing agents will need to advise resale flat buyers and sellers on before they commit to a transaction, HDB said yesterday.
‘This is [...]
Filed under: General, Govt Policy, HDB News | Tagged: HDB, HDB News, Resale Checklist, Resale Flats | No Comments »
Posted on March 2, 2008 by lushhomeonline
Recent CPF rule changes will help divorced women get their fair share from sale of matrimonial home.
DIVORCED couples have benefited from recent changes in Central Provident Fund (CPF) rules, which allow for a more ‘equitable’ distribution of their CPF monies when they divide their matrimonial assets.
Previously, divorced women often got very little from the sale [...]
Filed under: General, Govt Policy | Tagged: CPF, CPF Rules, Divorce | No Comments »
Posted on March 2, 2008 by lushhomeonline
Recent CPF changes allow for a more eqitable distribution of the matrimonial home and let the ex-wife keep a roof over her head.
DIVORCING couples come under even greater emotional strain when they try to sort out who gets what.
Last October, measures were put in place that tilt the balance towards divorced women who would otherwise [...]
Filed under: General, Govt Policy | Tagged: CPF, CPF Rules, Divorce | No Comments »
