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Singapore has claimed the title as one of the world’s best model of public housing provision. As of 2019, a whopping 80% of Singapore’s total population resides in public homes, including those living under rental schemes. One of the main considerations you would ask when purchasing a home might be “How long more can I
With show flat previews, viewings and construction work ground to a halt amidst tight “Circuit Breaker” measures, the real estate market has begun to feel the tremors of the COVID-19 pandemic. On the 6th of May 2020, the MND released a statement on the provision of temporal relief measures tailored to the slowing real estate
Some interesting facts about our little red dot. Singapore comes in at the world’s 18th smallest country, making up a mere total land area of 724.2 square kilometres. Just next door, Malaysia stands 329,847 square kilometres. To put things into perspective, it takes 456 of Singapore(s) to make up just one Malaysia! Despite our size,
As Singapore braces for an inevitable economic crash landing, monetary cushions are being out to catch the fall. As of 7 April 2020, Singapore started lying low in her retreat against the virus, following strict restrictions on movement under the ‘Circuit Breaker’ initiative. Some of these measures include the mandatory closure of non-essential retails, no
Markets crashing, industries failing, COVID-19 has taken the world by an unexpected but deadly storm. All around the globe, nations are shutting their borders tight, with strict border controls and even stricter lockdowns executed in the containment of an unseen enemy – a deadly pestilence. With the imminent threat of a severe global economic crisis,
We have all heard of “Million-Dollar HDBs” springing up all across Singapore in the resale market for housing. For those who are unaware, these widely sought after HDBs have been sold at record-breaking prices over the $1 million price tag. Examples of these exorbitantly expensive public homes include a 5-room unit in Clementi Avenue 3,
In the past decade, the way we live and work has changed dramatically. The sharing economy has been picking up, and we now see more disruptive technologies driving this force and moving entire markets. Car-sharing, bike-sharing and hot-desking have proven how traditional methods of commuting and working have changed for the better. You probably have
For young couples in Singapore, asking your partner “want to BTO?” is essentially akin to a marriage proposal, albeit an utterly unromantic one. Build-to-Order (BTO) exercises have always been the medium through which countless Singaporean couples have obtained their first home, and this will probably continue to be the case well into SG500. However, there
COVID-19 – A virus originated from the province of Hubei, China that took the world by storm. First discovered on the 1st of December 2019, the highly infectious pathogen has transmitted its way all over the globe. To date, there have been over 75,000 confirmed cases of the infection and as each day passes, the
On the 11th of February 2020, the Housing Development Board (HDB) announced its open ballot application for its first phase of Built-to-Order (BTO) projects for 2020, comprising of 2 main heartlands along the North-South (Red Line), namely Canberra and Toa Payoh. Making the top of headlines in the news, it was released that a total