Here’s the slightly delayed issue #4 of the 4 most important Singapore property news stories for the past week (thanks to Propertyguru).
1. Govt plans more housing in Central, West regions
The Singapore government will boost housing in line with the population growth, and plans to expand towns like Sengkang, Choa Chu Kang, Yishun and Punggol over the next 45 to 50 years, said National Development Minister Mah Bow Tan at the URA Corporate Plan Seminar 2011. Read more
2. Singapore economy remains robust
The Singapore economy continued to grow in the first quarter, climbing 23.5 percent on a seasonally-adjusted quarter-on-quarter annualised basis, compared to 12.0 percent in the previous quarter. Read more
The Housing Development Board (HDB) stepped up enforcement against the illegal subletting of public flats last year, carrying out 7,000 flat inspections, up from the 3,000 flats inspected in 2009. ...
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