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Most public housing in Singapore is lessee-occupied. Under Singapore's housing leasehold ownership programme, housing units are sold on a 99-year leasehold to applicants who meet certain income, citizenship and property leasehold ownership requirements. The estate's land and common areas continue to be owned by the government. [79]
The Housing & Development Board ( HDB; often referred to as the Housing Board ), is a statutory board under the Ministry of National Development responsible for the public housing in Singapore. Established in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust 's (SIT) public housing ...
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Build to order ( BTO) is a real estate development scheme enacted by the Housing and Development Board (HDB), a statutory board responsible for Singapore 's public housing. First introduced in 2001, it consists of a flat allocation system that offers flexibility in timing and location for owners buying new public housing in the country.
In June 2018, Shanmugam was awarded a three-year lease for 26 Ridout Road with a monthly rent of S$ 26,500. The lease was renewed for another three years in 2021, with the rental amount remaining the same. [ 12] The SLA paid for S$515,400 worth of "essential repair works", whereas Shanmugam paid more than S$400,000 for his own renovation works ...
Singapore Real Estate Exchange (SRX) is a consortium of leading real estate agencies administered by StreetSine Technology Group in Singapore. The Exchange provides the prices of recently sold properties to participating real estate agents more rapidly than conventional, official channels run by the Urban Redevelopment Authority and Housing Development Board.
Far East Organization is the largest private real estate developer in Singapore. [ 1][ 2] Founded in 1960 by Ng Teng Fong, [ 3][ 4] the company has businesses in property development, retail, hospitality, [ 5] and food and beverage [ 6] brands in Asia and Australia. [ 7][ 8] Far East Organization operates in Singapore, [ 2] Hong Kong, [ 2 ...
A broker's license is required for any person or company that, for compensation, leases or rents or offers to lease or rent, or places for rent, or solicits listing of places for rent, or solicits for prospective tenants, or negotiates the sale, purchase or exchanges of leases on real property, or on a business opportunity, or collects rents ...
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