THE Urban Redevelopment Authority (URA) has curbed private housing developers from re-issuing the option to purchase (OTP) to the same buyers of the same unit with immediate effect, amid worries that "financial discipline" is slackening despite the recession.

Source: URA, The Business Times

URA clampdown on option re-issue may have some cooling effect on property market

Read More

Restriction on Re-Issue of Option to Purchase for the Same Unit to Same Purchaser(s)

Find Out More Detail Info

Latest Post

• 
  Here's the number of HDB flats reaching minimum occupation period (MOP) and entering Singapore's resale market in 2020 and 2021November 24, 2020
• 
  私人住宅市场 – 2020年第三季度房地产数据变动趋势November 20, 2020
• 
  Luxury apartments in hot demand despite economic woesNovember 19, 2020
• 
  SINGAPORE REAL ESTATE DATATREND DEVELOPER MONTHLY SALES ANALYSIS FOR OCTOBER 2020November 16, 2020
• 
  Housing Board's annual deficit grows to $2.66bOctober 25, 2020
• 
  HDB resales hit 10-year high in Q3 as prices surgeOctober 24, 2020