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WORK NEAR WHERE THEY LIVE, AND LIVE NEAR WHERE THEY WORKWith a new green heart at the centre, Singapore will be even mor...
14/09/2019

WORK NEAR WHERE THEY LIVE, AND LIVE NEAR WHERE THEY WORK

With a new green heart at the centre, Singapore will be even more of a City in a Garden

SINGAPORE: New attractions are being planned for Pulau Brani, similar to Universal Studios Singapore on Sentosa, announced Prime Minister Lee ...

The prices of HDB resale flats may not necessarily rise, because the government is likely to increase the supply of new ...
14/09/2019

The prices of HDB resale flats may not necessarily rise, because the government is likely to increase the supply of new flats to match the higher overall demand and keep housing prices under control.

From Sept 11, a new Enhanced CPF Housing Grant of up to $80,000 will be made available to eligible buyers. The income ceiling for new flats and ECs will also be raised.. Read more at straitstimes.com.

Why is it essential to plan our retirement early?The number of Singaporeans aged 65 and over is projected to almost doub...
14/09/2019

Why is it essential to plan our retirement early?

The number of Singaporeans aged 65 and over is projected to almost double from today and reach 900,000 by 2030.

For the first increase in CPF rates in 2021, employers and workers should each increase their contribution by 0.5 percentage point to 1 percentage point for workers aged 55 to 70.

For the first adjustment in 2021, employers and workers should each increase their contribution by 0.5 percentage point to 1 percentage point for workers aged 55 to 70.. Read more at straitstimes.com.

How to live your comfortable life in retirement?The statutory retirement age will go up to 63 in 2022, and eventually to...
14/09/2019

How to live your comfortable life in retirement?

The statutory retirement age will go up to 63 in 2022, and eventually to 65 by 2030.
Singapore's life expectancy at birth rising to be the longest in the world at nearly 85 years, which means about half of Singapore residents can now expect to live longer than that.

The re-employment age will also go up from 67 now to 68 in 2022, and eventually to 70 by 2030.. Read more at straitstimes.com.

The household income has been raised to - $14,000 monthly from $12,000 previously for new HDB built-to-order (BTO) and r...
14/09/2019

The household income has been raised to
- $14,000 monthly from $12,000 previously for new HDB built-to-order (BTO) and resale HDB homes.

- $16,000 monthly from $14,000 previously for the purchase of new executive condominiums (EC).

The new measures would boost demand for new HDB while the resale market will benefit from the grant.

The challenging market conditions are likely to compel private property developers to focus more on volumes, and less on margins. Do you foresee this as an opportunity?

About 75% of Singapore households will qualify for grants under the new measures.

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