There are a slew of changes on buying and selling properties announced in this 3 short months of 2017.
The way we should look at these policies is that the government have a few levers that they can pull and push to stimulate on the demand side or the supply side.
There are various niche market segments as well.
Here are some of my thoughts.
Change in CPF Housing Grant for First Time Buyers
In Singapore Budget 2017, Mr Heng announced that for first time buyers the housing grants granted will be bumped up by $10,000.
This looks to me like a small change.
This means that for prospective resale flat buyers, they will look to enjoy grants from $75,000 to $110,000 for 4 room flats or smaller and $65,000 to $100,000 for 5 room flats.
If you form your family early you might take advantage of the Additional housing …Read the full article →