Some bargains for house hunters
Developers cutting prices and offering discounts; some small projects on the way The property market is off to a quiet start this year, with some developers even closing their show-flats temporarily in response to dwindling crowds. Interested property buyers can look out for three offerings from City Developments – Phase 2 of Livia in Pasir … Read more
HDB home loan defaults on the rise
Number of cases has jumped by 8,000 since year-end 2003, making up 8% of all such loans The number of home buyers defaulting on their home loans for three months or more has risen significantly over the last five years. Figures obtained by The Sunday Times from the Housing Board show that the number of … Read more
Helping home owners
Two years ago, renovation contractor Ting Kah Ping was up to his neck in debt, owing the Housing Board more than $80,000 for his home loan. He was unable to meet the instalments. Today, the father of four owns a flat without an outstanding loan – and he said it is thanks to the HDB. … Read more
