Page 6 - Executive Condominium News Today

HDB Fresh Start Housing Scheme: Does It Make Financial Sense For People Staying In Public Rental Flats To Buy Their Own 2-Room Flat? From renting to owning a home (again) January 19, 2021 We all love a good rags-to-riches story. In 2020, Singapore was ranked first in Southeast Asia and 20th globally for social mobility. Part of this can be attributed to our public housing policies. For lower-income families applying for HDB flats for the first time, HDB does provide generous support to allow th...

Highlight developments as of January 2021 While we can’t cover every single development yet (many are still too new), there are some highlights already emerging. Here are the ones to take note of early this year: 1. Normanton Park Developer: Kingsford Huray Development Pte. Ltd. Lease: 99-years from 2019 Number of units: 1,862 (1,840 apartments, 22 villas) Why is this interesting? There’s a lot of buzz around Normanton Park, mainly revolving around its former no-sale license. As this is som...

We’ll dive straight into the key issue here: La Fiesta got off to a bad start. Residents initially panned the project for issues regarding water seepage and poor finishing. In addition, La Fiesta was under more intense scrutiny than usual, as the developer had received complaints about their last DBSS project (Trivelis). Nonetheless, you can see from the above that the majority of transactions have been profitable. We understand that most of the major defects were eventually fixed, so hear ...