Buying 11 Proposed Developer Changes To Help Homebuyers: A Breakdown + How It Affects You

  • January 12, 2022
  • 10 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Concerned Citizen
Concerned Citizen

I think it is great that the government is stepping in to increase transparency. Even though we may have a showroom to walk through today, the extensive ID touches still makes it hard to visualise the actual space we will eventually be receiving.

However I also worry about the developers ever shrinking margins with the latest ABSD updates coupled with the sky high commissions they have been giving to Agents. If developers eventually resort to cutting corners to maintain their profit margins, the new owners will be the ones left with the short straw.

Stacked Homes
Stacked Homes

Hey! We totally agree with the direction towards greater transparency – and this is a good step forward but not the endgame! ID touches is there to impress, perhaps an option to view what the unit would look like without so much of an ID treatment helps too – especially in getting a good sense of the layout and space! About the smaller margins, we do hope that it would not affect the quality of developments moving forward. What we know is developers have to be very picky on what they buy, but to cut corners would result in a… Read more »

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