The HDB Plus flat model will come with income ceiling and rental restrictions. Meanwhile, SLA and URA have launched a tender to transform the former Bukit Timah Fire Station into a community hub.
The Land Betterment Charge (LBC) rates are now cut for non-landed residential use and increased for commercial and hotel use. Meanwhile, retail rents at Orchard Road are forecasted to increase by up to 6% year-on-year (YoY) in 2023.
For April to June, 6,514 units changed hands - this was 6.7 per cent lower than the 6,979 homes sold for January to March. Read more at straitstimes.com.
Would home buyers without young children want to stay near schools? Senior correspondent Leslie Yee discusses with Dr Lee Nai Jia, head of real estate intelligence, data and software solutions, PropertyGuru. Read more at straitstimes.com.
HDB has introduced a new BTO classification, replacing the mature and non-mature estate labels. Meanwhile, singles 35 and above will be allowed to apply for new 2-room Flexi BTO flats across Singapore from H2 2024.
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