Daily Debrief: What Happened Today (Mar 5)

Stories you might have missed

Developers to get extended ABSD remission deadline for big en bloc rebuilds and complex ‘urban transformation’ projects

HOUSING developers will now have more flexibility in constructing “complex large-scale urban transformation developments”, with a critical sales deadline extended by six months to a year. 

COE premiums close mostly higher, mainstream car premium almost flat  

ASIDE from the mainstream car category, premiums for all other Certificate of Entitlement (COE) categories ended higher in the first round of bidding for March.

Family offices in Singapore, elsewhere have ‘huge, sustained interest’ in real estate investments: report

FAMILY offices in Singapore and Asia-Pacific (Apac) are eager to raise their real estate stakes despite macroeconomic uncertainty, according to a Knight Frank report.

First Mount Pleasant BTO flats to be launched in October

THE first batch of Housing and Development Board (HDB) Build-To-Order (BTO) flats in the new Mount Pleasant housing estate will be launched in October this year, Minister for National Development Desmond Lee said at his ministry’s Committee of Supply debate on Wednesday (Mar 5). 

Silver Housing Bonus scheme extended to more private property owners who downsize

MORE private property owners will qualify for the government’s Silver Housing Bonus (SHB) scheme, which gives a cash bonus to seniors who sell their homes to move into a smaller public housing flat and top up their retirement accounts.

Singapore shares mirror Asian indices on Wednesday; STI up 0.2%

THE Straits Times Index (STI) settled higher on Wednesday (Mar 5), mirroring regional indices.