News
New executive condo measures may increase near-term demand, but prices should moderate over time: Analysts
3+ week, 1+ day ago (1660+ words) The new measures aim to help first-time home buyers secure a unit and focus ECs on meeting occupation needs." SINGAPORE: Changes to executive condominiums (EC) from Friday (May 8) are likely to cool land bids for project sites, potentially improving affordability…...
Demand for solar power rises in Singapore, but condos face barriers to adoption
1+ mon, 1+ week ago (702+ words) Regulatory limits, space constraints and lengthy approval processes are among hurdles to solar adoption in condominiums. Hao Solar employees conduct maintenance of solar panels on the roof of a building. SINGAPORE: More homeowners, including those living in condominiums, are exploring…...
Managing million-dollar sinking funds, costly repairs: Do condo councils need mandatory training?
1+ mon, 3+ week ago (1711+ words) The Building and Construction Authority has proposed a requirement for council members to undergo mandatory training as part of its review of the Building (Strata Management) Act." SINGAPORE: Like most ageing developments, the bill to keep Pine Grove condominium running…...