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Industry players urged to remain prudent, not stoke exuberant sentiments in property

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  Industry players urged to remain prudent, not stoke exuberant sentiments in the balestier condo for sale property market This comes as Singapore’s property market remained buoyant with private home prices rising 2.2% in 2020 even as the economy plunged into recession. Second Minister for National Development Indranee Rajah has urged industry players to remain responsible and prudent so as not to stoke exuberant sentiments within the property market, reported Channel News Asia (CNA). This comes as a stable property market will benefit all stakeholders in the long run, she said at an event hosted by the Real Estate Developers’ Association of Singapore (REDAS). Despite the COVID-19 pandemic, Singapore’s property market remained buoyant with private home prices rising 2.2% in 2020 even as the economy plunged into recession. Prices of resale HDB flats also rose to their highest level since 2012 amid a hike in buying activity. Recommended article: Top 3 Ways COVID-19 Is Still Affectin...
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5 Things to Consider when Buying A Resale Flat

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five Points to take into consideration when Buying A Resale Flat So, you’re pondering obtaining a BTO flat, but you’re concerned about the construction delays because of the COVID-19 pandemic. Or perhaps you were unsuccessful with all your BTO applications. Regardless of the explanation, you may be considering entering into the HDB resale market place. After all, Should you have immediate housing will need or wish to are in a experienced estate that already has effortless usage of features, then getting a resale flat is really a no-brainer choice. But though resale flats have their benefits, recall that there are other essential concerns that you'll want to take Be aware of, like the financing component along with the flat’s lease. So prior to deciding to opt to receive a resale flat, here are some of the factors you need to know. five reasons to take into consideration ahead of obtaining a resale HDB flat: You May Not Get the total Bank loan-To-Worth The most CPF Discounts That yo...
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Seven Reasonably priced City Fringe (RCR) Condos Less than 1.2 Million

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Residing in the city centre (i.e. the Main Central Location (CCR)) is often a desire For lots of. But CCR condos have a significant price tag that not a lot of can pay for, or are prepared to shell out, Specifically supplied the financial uncertainty now. As a result, Attributes in the remainder of Central Area (RCR) has been gaining acceptance for his or her excellent city fringe locale that does not have as high a price as CCR condos. seven Affordable Metropolis Fringe (RCR) Condos Less than $1.two million Although the climbing popularity of city fringe dwelling has inevitably brought about increased rates in RCR also, there remain a handful of RCR condos which might be relatively inexpensive (i.e. under $one.2m) should you appear tricky sufficient. 1. The Hillford 1 rcr-condos-below-1-2-million Prime: 2017 District: 21 Nearest MRT: Attractiveness Environment MRT (Downtown Line) Length to nearest MRT: 950m Selling price: $498,000 to $799,000 Located in higher Bukit Timah area, The Hi...
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