I had an old blog post titled “Is property the reason why Singapore is not among the happiest countries in the world?”. I thought the topic was a bit dry. Unexpectedly, it turned out to be one of the most read posts in my blog. That is not a good sign. It shows that many Singaporeans are not really happy with life. Because normally, people don’t read an article when they … [Read more...]
Will buying a home make us happier?
This week the government announced higher CPF grants and a raised income ceiling for first-time HDB buyers. More citizens are now eligible to buy new BTO flats or resale HDB flats. A recent advertisement from the CPF Board is seen at MRT platforms with a headline that reads, “In 2018, nearly one million Singaporeans used CPF for their housing and found what really sparks … [Read more...]
Can this ‘CPF Key’ truly unlock the value for old flats?
(Article contributed by Ku Swee Yong, CEO of International Property Advisor Pte Ltd.) In May 2019, the government relaxed rules for older people looking to buy old flats using more money from their CPF accounts. The aim of amending the rules was primarily to improve the demand for older flats, so that the value of older flats may be maintained for longer. (Source: MOM Press … [Read more...]