Higher occupancy cap for larger homes a ‘short-term fix’ to stabilise rental market: Analysts

Higher occupancy cap for larger homes a ‘short-term fix’ to stabilise rental market: Analysts

WHO WILL BENEFIT? Some companies that employ foreign workers, such as those from the food and beverage and service sectors, will benefit from the temporary increase in occupancy cap as they will require fewer rental units to house their staff, ERA Singapore’s key executive officer Eugene Lim said. Some firms rent HDB flats or private … Read more

Woodlands, Sin Ming BTO projects most popular in December launch

Woodlands, Sin Ming BTO projects most popular in December launch

PropNex CEO Ismail Gafoor said it looks like the demand for new public housing has largely stabilised. “Moving forward, we would expect overall application rates of BTO launches to generally range between two and three times, although it could vary slightly at times, depending on the supply and location of flats launched,” he said. Mr Gafoor … Read more