HDB loan limits tightened in new property cooling measure; eligible first-time buyers to get higher grants of up to S$120,000

HDB loan limits tightened in new property cooling measure; eligible first-time buyers to get higher grants of up to S0,000

SINGAPORE: In a move to cool Singapore’s public housing resale market, the maximum loan that home buyers can take from the Housing and Development Board (HDB) will be tightened from Tuesday (Aug 20). This was announced late on Monday by HDB and the Ministry of National Development (MND) in a joint media release, which also … Read more

New resale flat listing service by HDB aims to provide convenience and be a ‘trusted’ marketplace

New resale flat listing service by HDB aims to provide convenience and be a ‘trusted’ marketplace

On May 8, authorities said they were investigating the resale listings for two HDB flats for being “misleading” and “unrealistic” in their asking prices of S$2 million. Asked if its new listing service can help to deter such incidents, HDB said: “The government will not condone behaviour, whether by sellers or their property agents, that … Read more

SDP leader Chee Soon Juan issued POFMA order over social media posts on public housing policies

SDP leader Chee Soon Juan issued POFMA order over social media posts on public housing policies

SINGAPORE: Singapore Democratic Party (SDP) leader Chee Soon Juan was on Thursday (Feb 22) issued a correction direction under the Protection from Online Falsehoods and Manipulation Act (POFMA) over a recent video he shared on social media regarding public housing polices. The video was posted on Dr Chee’s Facebook, Instagram and TikTok accounts on Feb … Read more

‘Long Island’ reclamation: Imported sand must be sourced from legally permissible areas, says Desmond Lee

‘Long Island’ reclamation: Imported sand must be sourced from legally permissible areas, says Desmond Lee

Assoc Prof Lim then asked about the mechanisms to ensure that governmental agency JTC Corporation complies with the government’s stipulations on the importation of sand. He also echoed Mr Ng in seeking a broader framework for the acquisition of sand. “I think what we want to avoid is a situation where we get just all … Read more

Sino-Singapore Tianjin Eco-City to have green innovation park, be a model for other Chinese cities

Sino-Singapore Tianjin Eco-City to have green innovation park, be a model for other Chinese cities

SHIPPING CORRIDOR, COOPERATION INITIATIVES Singapore and Tianjin will also establish a green and digital shipping corridor – the first such corridor to connect the two countries. The corridor will be a testbed for both countries to pilot and trial digital solutions, alternative fuels and technologies, as well as facilitate manpower development to support the decarbonisation and digitalisation … Read more