WILL RAISING OF HDB INCOME CEILINGS TO AFFECT HOME PRICES?
Part 2
http://propertybuyer.com.sg/articles/singapore-property-investor-buyer/will-raising-of-hdb-income-ceilings-affect-home-prices/
Executive Condominium Supply launched and in the pipeline
Executive Condominium is a class of condominiums that are restricted by HDB’s rules on minimum occupation for 5 years and will only fully become a private estate after 10 years. These condominiums tend to be pricey on a relative scale compared to other condominiums which does not have any restrictions. Most newly wedded couples will most likely not be able to afford these type of housing looking at median incomes.
[caption id="attachment_373" align="alignnone" width="701" caption="HDB Executive Condominium launched - adding to supply"][/caption]
[caption id="attachment_375" align="alignnone" width="548" caption="Singapore HDB confirms sites for EC"][/caption]
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatFlatsonOfferEC?
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatFlatsonOfferEC?OpenDocument
http://www.facebook.com/pages/PropertyBuyercomsg/101354546624904
Continue to Part 3 - Raising of Income Ceiling to affect HDB home prices
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Saturday, September 24, 2011
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