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The Big Read: Rising prices, building delays — young couples face perfect storm in quest for home sweet home


The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home
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The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home
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The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home
The delays couldn’t have come at a worse time for young couples eager to set up their very first marital home, newly-weds say.
In pre-pandemic days, prospective homeowners were waiting for about three to four years following a new launch for a flat under the BTO scheme. Now, they will have to add between six and nine months, or even a year in some cases, to the waiting game. (Photo: TODAY/Ili Nadhirah Mansor) ....

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Hopes of moving in, starting families in new homes dashed due to BTO project delays

SINGAPORE - Ms Ellen Neo, 29, and her fiance, operation executive Felix Lua, 36, were supposed to receive the keys to their three-room Build-To-Order (BTO) flat last December, and move in early this year. The couple, who have been together for six years, got a unit in Pine Vista in Geylang on their third try in 2017. They first balloted. ....

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BTO project delays dash hopes of moving in, starting families


The Straits Times
BTO project delays dash hopes of moving in, starting families
Ms Ellen Neo and her fiance Felix Lua in front of their Pine Vista BTO flat which is still under construction.ST PHOTO: TIMOTHY DAVID
https://str.sg/Jyw6
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Can Singapore's office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?


April 06, 2021
The skyline of Singapore s Central Business District.
The Straits Times file
Singapore’s office rents have a long way to go before matching Hong Kong’s, even after half a dozen of mainland China’s largest technology behemoths piled into the city state in recent months to set up their regional hubs, analysts said.
The average monthly rent for Singapore’s grade A office space may drop by 6 per cent this year to $9.01 (US$6.72) per square foot, following the 10 per cent plunge in 2020, as the coronavirus pandemic crimped businesses and forced many to postpone their expansion plans, according to data by Cushman & Wakefield. ....

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