Government imposes new property cooling measures: Maximum loan quantum limits tightened, loan-to-value limit lowered

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SINGAPORE: The Government will tighten maximum loan quantum limits and introduce the 15-month wait-out period for private home owners buying Housing Plank resale flats, as part of  new residence cooling measures to market sustainable property marketplace conditions. The Loan-to-Value limit for HDB financial loans will also be lowered from 85Continue Reading

Singapore introduces new property cooling measures: Maximum loan quantum limits tightened, loan-to-value limit lowered

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In: South-East Asia

INCREASE WAIT-OUT PERIOD  Private home owners will have a 15-month wait-out period before they can purchase  a non-subsidised HDB resale even. This will kick in once they have sold their property. The new principle will also apply to people who sold their personal property prior to posting an application toContinue Reading

Man charged for causing alarm after allegedly making bomb threat on Singapore Airlines flight SQ33

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In: South-East Asia

SINGAPORE: A 37-year-old man who was arrested after allegedly assaulting cabin crew and claiming that he had a bomb on Singapore Airlines flight SQ33 was charged in court on Thursday (Sep 29). “Preliminary investigations indicate that during the flight, the man had allegedly shouted that there was a bomb on theContinue Reading