HDB is launching three new BTO projects today – Waterway Terraces (水滨台) in Punggol, Fernvale Foliage and Rivervale Arc in Sengkang. [Read more…]
HDB is launching two new BTO projects today, Limbang Green in Choa Chu Kang and Buangkok Vale in Hougang, offering a total of 1,291 standard flats.
The flat supply comprises 276 units of Studio Apartments, 128 units of 2-room, 241 units of 3-room and 646 units of 4-room flats. 95% of the 2-, 3- and 4-room flats will be set aside for First-Timers. [Read more…]
HDB has launched two new Build-To-Order (BTO) projects in Punggol Town – Punggol Sails and Punggol Ripples – offering a total of 1,078 standard flats. The supply comprises 130 units of Studio Apartments, 436 units of 3-room, 403 units of 4-room and 109 units of 5-room flats.[Read more…]
HDB launched today two new BTO projects, Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West. There are a total of 1,200 standard flats on offer, comprising 240 units of 2-room, 396 units of 3-room, 512 units of 4-room and 52 units of 5-room flats.
These 1,200 new BTO flats form part of the 5,000 new flat supply which Minister Mah Bow Tan announced on 1 Oct 09. They will offer greater choice and certainty for young couples looking for their first homes. [Read more…]
The Interlace condo is one of the largest and most ambitious residential developments in Singapore. It consist of 31 interconnected six-storey blocks stacked in a hexagonal arrangement around communal gardens, containing 1,040 apartment. [Read more…]
HDB is launching Punggol Spectra under the Build-To-Order (BTO) system today, following strong interest in the recent BTO project, Punggol Residences.
Punggol Spectra is a Standard contract offering a total of 1,142 units. The flat supply comprises 301 units of 2-room, 285 units of 3-room and 556 units of 4-room flats.
Situated along Punggol Central, Punggol Spectra is within walking distance to Oasis LRT station. The Tampines Expressway is a short drive away, thus offering good connectivity to the rest of Singapore. The precinct offers commercial facilities such as shops, eating house and supermarket. The future Punggol Town Centre is just minutes away. Educational institutions such as Horizon Primary School and Punggol Secondary School are also located in the vicinity.
The prices of Punggol Spectra range from $89,000 to $109,000 for the 2-room flats, $151,000 to $179,000 for the 3-room flats and $234,000 to $293,000 for the 4-room flats. These are priced below similar flats in the market and are affordable to first-time flat buyers.
On top of a generous market subsidy on the selling price, eligible first-timers whose average monthly household income is $5,000 or less can also apply for an Additional CPF Housing Grant (AHG) of up to $40,000. The AHG can be used to offset the initial downpayment.
Find out more at HDB.
Under the current framework, IRAS considers the facts and circumstances of each case to determine if the individual owner concerned should be subject to income tax on the property disposal gains. In practice, IRAS has assessed gains from property disposals to be taxable income for only a small number of individuals – typically those who regularly transact in property.
Under the proposal that was put up for public consultation, individuals who sold their properties would be certain that the gains they made would not be subject to income tax if they had not sold any other properties in the preceding four years. Under all other circumstances, whether the gains from a property sale were subject to income tax would have continued to depend on the facts and circumstances of the case.
HDB is launching Punggol Residences under the Build-To-Order (BTO) system today. Punggol Residences is a Premium contract offering a total of 769 flats. The flat supply comprises 615 units of 4-room flats and 154 units of 5-room flats. Including this contract, HDB has offered about 6,500 new flats in Punggol since the unveiling of the Remaking Our Heartlands (ROH) plans for Punggol in Aug 2007. This is in line with HDB’s commitment to building up a critical mass in Punggol to attract and support new facilities. [Read more…]
HDB has launched Fernvale Crest under the Build-To-Order (BTO) System.
Fernvale Crest is a Standard contract offering a total of 700 flats. The flat supply comprises 140 units of 2-room flats, 372 units of 3-room and 188 units of 4-room flats. In line with the Government’s commitment to increase the supply of smaller flat types during the economic downturn, 75% of the flats offered in Fernvale Crest are 2-room and 3-room flats. [Read more…]
via Property Report,
The price index dropped from 162.8 points in the last quarter to 139.9 points in the first quarter largely due to great price declines in the core central and rest of central regions, where the price index for both areas have fallen by 16.2 percent and 17.0 percent respectively.