Government takes steps to cool red-hot property market
From our Correspondent In a sign that the government is taking measures to cool the red-hot property market and to curb speculation, National Development Minister Mr Mah Bow Tan announced that interest-only loans and interest absorption schemes offered in property sales will be disallowed with immediate effect. Mr Mah had said...
Singapore netizens sceptical about Singanews’ real agenda
From our Correspondent Even before Singanews was officially launched, it has been attracting whispers and gossips around Singapore's internet chatrooms about its real agenda. Singanews is supposed to be Singapore's latest online news portal to offer alternative viewpoints with an emphasis on "mainstream family values". It is...
HDB Deputy CEO: singles earning $2,500 a month can afford resale flats
From our Correspondent HDB Deputy CEO Mr Yap Chin Beng had a busy time of late trying to answer a flurry of questions from Singaporeans regarding affordability of HDB flats in the Straits Times Forum. For a second time in less than a week, Mr Yap is forced to pen another letter to allay public concerns about the rising prices...
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