$70K COV for 3-room resale HDB flat at Toa Payoh
From our Correspondent According to property group HSR, a 3-room flat at Toa Payoh Lorong 3 was recently sold for $295,000 with a COV of $70,000. Data released by Propnex and ERA shows that COVs for 3 and 4 room flats have doubled over the last 2 months and now average more than $20,000. The rising prices of resale HDB flats...
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...
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