May 11, 2021
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There’s been an uptick in the halal dining scene and we’ve sussed out some of the chicest joints that’ll make for fodder for your feed.
Whether you’re Muslim or dining with Muslim friends, you won’t be stumped when it comes to finding a stylish halal cafe to while away the afternoon or hang out for a relaxing brunch.
1. The Fabulous Baker Boy
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After closing its Fort Canning venue due to Covid-19, The Fabulous Baker Boy has reopened its doors with a new 70-seater space at Aliwal Arts Centre.
The housing market madness is currently marking a clear shift in buyers’ mood and sentiment as the health crisis drags on. Whereas the Fed plunged mortgage rates to record lows and the federal government delayed the foreclosure wave via forbearances, a mass exodus from major metro areas due to the growing socio-economic chaos resulted in an unprecedented demand for new homes and a fierce bidding war. According to several housing experts, homes are being snatched up right after being listed, and buyers’ euphoria is quickly draining the market’s supply and plunging inventory to ultra-low levels. A recent study shows the U.S. housing market is months away from completely running out of supply. Meanwhile, the Federal Reserve policies continue to take the market towards another enormous housing bubble as prices explode all across the nation. However, the threat of rising mortgage rates, inflationary spikes, and a complex affordability crisis can lead to a catastrophic housing market
The four-bedroom home in Silver Spring, Maryland (Photos via Realtor)
For the latest evidence of a surging suburban sales market, look just outside Washington, D.C. There, a serious fixer-upper sold for 70 percent above its appraisal after receiving 88 offers 76 all-cash, according to the New York Post.
A buyer closed on the four-bedroom home in Silver Spring, Maryland, for $460,000, well above the $275,000 court-mandated appraisal that followed the owner’s death, according to the report. With home prices peaking in the area, the offers poured in for the 1,850-square-foot, single-story home on Fleetwood Terrace. The Redfin estimate of nearly $413,000, however, was considerably above the appraisal.
Highlight developments as of January 2021
While we can’t cover every single development yet (many are still too new), there are some highlights already emerging. Here are the ones to take note of early this year:
1. Normanton Park
Developer: Kingsford Huray Development Pte. Ltd.
Lease: 99-years from 2019
Number of units: 1,862 (1,840 apartments, 22 villas)
Why is this interesting?
There’s a lot of buzz around Normanton Park, mainly revolving around its former no-sale license.
As this is something of a long topic, we’ll present a detailed explanation of this later in the week (and our review); do follow us on Facebook for an update. The other really hinges on the fact that it will be the largest new launch project of 2021.