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Subscribe to this list via RSS Blog posts tagged in Sky Park Residences EC @ Sembawang

Buyers in tizzy over possible EC tweaks

Posted by Property Launch Invest on Saturday, 16 November 2013 in Property News

Uncertainty over subsidies after minister hints at scheme changes

POSSIBLE changes to the executive condominium(EC) scheme, hinted at by National Development Minister Khaw Boon Wan recently, have got buyers and developers worried.

Some are bracing themselves for a cut or even removal of Government subsidies for first-time applicants. Others predict the uncertainty could drive up demand for new launches.

Last Thursday, Mr Khaw told participants at an Our Singapore Conversation dialogue that the EC scheme cannot continue as it is.

Woodlands Regional Centre

Posted by Property Launch Invest on Thursday, 17 October 2013 in Property News

ABOUT THE WOODLANDS REGIONAL CENTRE

Woodlands Regional Centre is one of the four regional centres identified under the Land Use Plan to create business hubs outside the city centre. This not only provides more locational choices for businesses but also brings jobs and amenities closer to homes, thus reducing the need to travel towards the city centre.

The two regional centres at Tampines Regional Centre and Jurong Lake District are growing well. Tampines Regional Centre was the first to be developed in the 1990s and is today a bustling centre in the east. Jurong Lake District is also growing steadily since the plans were unveiled in the Master Plan 2008.

Expected to still sell: ECs benefit from bigger buyer pool

Posted by Property Launch Invest on Wednesday, 09 October 2013 in Property News

The many executive condominiums (ECs) heading to the market can be absorbed thanks to the expanded pool of buyers generated by changes to the income ceiling.

The Government increased the monthly household income ceiling from $10,000 to $12,000 in August last year so it is unlikely an oversupply will arise.

Figures from the 2010 Census show how this policy change has expanded the buying pool.

There were 72,065 households in Housing Board (HDB) four-room flats or larger earning between $8,000 and $10,000 in 2010.

This segment used to be the target market for buyers of ECs as the income ceiling for HDB flats was $8,000 then.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

Buyers in tizzy over possible EC tweaks

Woodlands Regional Centre

Expected to still sell: ECs benefit from bigger buyer pool