JadelynProperty

09/06/2026

05/12/2023

Homeowners, here’s how much property tax rebate you will receive next year

Owner-occupiers of one-room and two-room HDB flats will continue not having to pay property tax in 2024.

21/11/2023

HDBWhen (And How) Can You Change Your HDB Flat Ownership Without Selling?

There might be many reasons why you want to change your HDB flat ownership. Typically, selling your HDB flat is the most common method of transferring ownership to another party.

However, this might be a costly affair, especially if the transfer is intended to be among immediate family members and there is no intention of changing the property itself. In such cases, where there is no transfer of money between the parties involved, HDB allows you to transfer your flat without selling it.

How Can You Transfer HDB Flat Ownership?
Current HDB flat owners can change the ownership of their flat either through the resale of a part-share or without a sale.

For the resale of part-share, it refers to a partial sale/purchase between family members at a mutually agreed price provided the buyers meet the HDB’s eligibility schemes and criteria. This can be applicable in divorce cases, where one party buys over the ex-spouse’s share of the flat. However, this cannot be used by married couples to transfer ownership to the other party.

As for the transfer of ownership without a sale, there has to be a change in the existing family structure (such as divorce, marriage, or demise of an owner). This also includes situations where the current owner may need to change the ownership to retain the flat. However, the difference is that there is no exchange of money for the transfer of ownership.

HDB owners can pass ownership of their flat or make changes if there's no money involved and it's to their immediate family members.

25/10/2023

Up to 5,500 Housing Board flats will be built as part of redevelopment plans for Tanglin Halt.

An integrated development will be a key feature of the estate, connecting HDB flats to shops, a hawker centre and market, as well as a polyclinic.

Here's what to expect:

The entire estate will be redeveloped in the next 10 to 15 years. Read more at straitstimes.com.

25/10/2023

🏬 Tanglin Halt estate will be redeveloped to have 5,500 new flats, a hawker centre, market & polyclinic.

More flats for the redeveloped Tanglin Halt estate will be launched in 2024.

16/10/2023

The first two Bayshore BTO projects are set to be launched next year, possibly under the new Plus model of flats.

The Bayshore estate will yield about 10,000 new homes, of which about 70 per cent will be public housing.

15/10/2023

There was a marked slump in the number of applicants in October’s BTO exercise, compared with previous exercises.

Stricter rules for applicants who reject an offer to book units kicked in from this exercise.

But there was an overall marked slump in applicants, compared with previous exercises. Read more at straitstimes.com.

15/10/2023

4 MRT stations on the Cross Island Line Punggol extension are expected to open by 2032. It will shorten the travel time between Singapore’s north-east and east.

https://str.sg/ip4H

08/10/2023

JUST IN: 6,800 flats on offer at the October BTO sales launch!
Find out more about the amenities near projects at Choa Chu Kang, Kallang/Whampoa, Queenstown and Tengah.

Apply by 10 October at https://homes.hdb.gov.sg. There’s no need to visit the HDB Hub!

03/10/2023

How upcoming green spaces could boost your property values in Punggol

Punggol, with its scenic waterfronts and serene landscapes, has long been a favourite destination for nature enthusiasts in Singapore – and for good reason. Now, this beloved district is on the verge of becoming even more appealing, thanks to ongoing afforestation initiatives designed for urban spaces. Curious about what’s unfolding? In this article, we delve into the afforestation programme and how it could shape the future property values in Punggol.

The “Gaea Forest” programme
The Gaea Forest program is all about revitalising Punggol’s greenery. GWS Living Art and the NUS Centre for Nature-based Climate Solutions (CNCS) lead this effort, with plans to plant 500 trees on a 300 sq m plot at City Sprouts Punggol urban farm.

Crucially, the Temasek Life Sciences Laboratory (TLL), backed by Temasek Trust and housed within NUS, has a pivotal role. They’ve supplied 100 seedlings of seven tree species, propagated through tissue culture, along with native tree saplings from City Sprouts. These have taken root on the former Uncle Ringo Amusement Park site, now a sprawling 16,827 sq m urban farm in Punggol.

By mid-2024, they’ll gauge the carbon sequestered by these trees. The goal? To potentially make urban areas more sustainable and cost-effective.

Could this affect property values in Punggol?
A study by the NUS CNCS unveils an intriguing correlation.

It reports that for every 1% increase in green foliage within 200 metres of an HDB flat, the property’s value is estimated to increase by S$553. The value leap is even more pronounced, reaching S$883, for flats located between 200 metres to 1 kilometre from green spaces.

This phenomenon may be attributed to the enhanced enjoyment offered by distant green views, coupled with the more apparent cooling effects they provide.

In contrast, residing close to parks and green areas may involve dealing with disruptions like exercise groups and noisy children, heightened encounters with pests, and elevated humidity levels.

Consequently, the allure of distant green vistas and their cooling benefits could be pivotal factors propelling property prices upward in these areas.

https://www.99.co/singapore/insider/property-values-in-punggol/