HDB

The new ceilings take effect from Aug 24; the ceilings were last adjusted in 2019

Insufficient new property developments and redevelopments can hurt Singapore’s economy and society in general 

Singaporeans have raised concerns about the loss of spaces they consider key to their neighbourhoods

Without the need to wait 15 months, more owners may trade private homes for premier HDB resale units

The government will lift a 15-month wait-out period imposed on private property owners looking to buy an HDB flat in the resale market, a market restriction rolled out in 2022 as prices in the public housing market rocketed up.

Watch out for inequality and negative wealth effects as prices moderate broadly, but the premier segment strengthens 

Rents rise the most for landed homes, while prime area condos outpace other regions and suburban rents ease

Survey finds that demand for such units was driven by 30 to 49-year-olds and retirees

Lapses include housing grants given to people who were ineligible for them