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12/07/2018

To keep prices at coffee shops affordable, the Housing & Development Board will be tendering out such shops using the “Price-Quality Method”.

Under this approach, the evaluation will not just be based on price but also the quality of the proposal, and that includes the affordability of the food options.

A good example is FoodTastic coffee shop in Choa Chu Kang Ave 1, which was launched last year. Their rental bid was 40% less than the highest bid. But they were awarded the tender because of their affordably-priced food options and the use of technology to boost productivity.

Look forward to our residents benefitting from more innovative and affordable coffee shops in the future!

Photo Credit: SPH

08/07/2018

Participants of Discovering Singapore's Best Kept Secrets were at 5 Kadayanallur Street this morning. The State property which was formerly the St Andrew's Mission Hospital for Women and Children houses a 1929-built elevator which is believed to be the oldest lift in Singapore now. The lift was installed to take children with tuberculosis of the spine or other bones to the roof for sun and fresh air. Source The Long and Winding Road

08/07/2018
07/07/2018

The Government announced today adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals.Status of the Private Housing Market After declinin...

02/07/2018
Find Out Why You Should Invest In A Property As Young As Possible. You May Regret Not Doing So Now!
01/07/2018

Find Out Why You Should Invest In A Property As Young As Possible. You May Regret Not Doing So Now!

Many young adults in Singapore envision themselves to own a property only after they are married. The first property that they are planning to buy is usually a Build-To-Order(BTO) HDB flat. It is cheaper than a private property and the government even ...

30/06/2018

Can first-time HDB home buyers take a bank loan? What are the differences between opting for a bank loan or a HDB loan? What about couples in their late 40s or 50s thinking of buying a second property for investment options? What are the considerations to factor in? What are the trends for such coup...

“What a master-planned commercial district needs is people; people who not only work there but also live and play in it....
20/06/2018

“What a master-planned commercial district needs is people; people who not only work there but also live and play in it.” More and more Singapore development may included mixed used to incorporate the live work play concept. The greater southern waterfront can allow the government to implement the idea. Interesting!

15/06/2018

清洁工何锦辉与妻子去年加入建屋发展局的屋契回购计划,将组屋部分屋契卖回给政府,不仅从中套现18万元,也无需搬家,可继续在熟悉的环境里养老。屋契回购计划是帮助年长者利用组屋套现、增加退休收入的措施之一。年....

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