Singapore Property – Top 5 News Stories This Week #8

Here’s issue #8 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).

1. COV is here to stay, says Khaw

National Development Minister Khaw Boon Wan has clearly stated that he cannot abolish the cash premiums that HDB resale flat buyers must pay to sellers.

2. Home buyers can expect more luxury projects in Singapore

Home seekers can look forward to a string of luxury residential projects in some of the most prime locations in Singapore, such as Sentosa Cove, Ardmore Park and Nassim Hill, according to The Business Times.

3. S’pore the 4th best city in the world: Savills

Singapore has been named one of the top 10 cities in the world, according to the Savills World Class Index of residential property markets.

4. Bishan condo gets residents thumbs up

CapitaLand’s new condominium project in Bishan Central has been given the thumbs up by design experts, as well as residents living in the area.

5. Reits look good, especially for young investors

Real estate investment trusts (Reits) are considered one of the most accessible means of gaining exposure in the Singapore real estate market.