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Subscribe to this list via RSS Blog posts tagged in housing market

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A severely limited supply of landed homes may help their prices hold up better this year compared with condominiums.

Analysts say although landed home prices have fallen over the past few quarters owing to generally poor market sentiment, the segment's slowdown could ease off this year and even bottom out.
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The massive construction of HDB flats will start to taper off from next year as balance is restored between demand and supply in the market, Minister for National Development Khaw Boon Wan said.

But "we will do so in a measured way, to allow the market to gradually adjust, just like what we had done to cool the property market earlier."
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Prime Minister Lee Hsien Loong had announced a new grant of up to $20,000 for buyers of three- and four-room flats.?Previously, this Special Central Provident Fund (CPF) Housing Grant was only for low- income buyers of small flats.
Observers said yesterday that the new grant must come with an income ceiling that limits it to lower-middle income buyers.

The median household income of Singaporeans is $7,570, while the median household income of applicants for four-room HDB flats in non-mature estates is $4,100.
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The Singapore Democratic Party (SDP) yesterday unveiled a housing policy paper proposing a new class of flats that they say could be priced as low as $70,000.

These "non-open market" (NOM) flats would be priced by the Housing Board only to recover the cost of administration and construction.
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