In a bid to curb excessive upgrading behaviour and protect asset values, Singapore’s HDB has introduced new classifications for flats. These tighter restrictions are raising concerns about the impact on capital upside. Homeowners now face stricter guidelines on eligibility for resale and executive flats, igniting a debate on the trade-off between housing stability and financial gains. As the market grapples with these changes, experts question if the new rules will truly deter upgrading behaviour or limit potential capital appreciation.
The Assembly Place, a leading co-working space provider, has recently made a strategic investment in 2MR Labs. Joining hands with Temasek’s Heliconia Capital and VC Lucid Blue Ventures, this move aims to fuel innovation and collaborative opportunities in the tech startup ecosystem. This partnership is poised to enhance the infrastructure and provide an avenue for budding entrepreneurs to thrive.