Daily Briefing: Luxury home prices on the upswing, Why mobile broadband is not a threat

And which HDB housing grant do you qualify for?

From PropertyGuru via Yahoo!: While it has taken a beating from the government’s property cooling measures in recent years, luxury home prices in Singapore are now showing signs of recovery. In fact, luxury home sales had been on the upswing even before some of the cooling measures were eased by the government in March, said Guocoland group managing director Cheng Hsing Yao. He believes the easing in March added fuel to the buying sentiment.

From The Motley Fool Singapore: As of 31 March 2017, NetLink Trust owned a network of about 76,000 kilometers (km) of fibre cable, 16,200 km of ducts, and 62,000 manholes. The vast network connects 1.1 million residential homes in Singapore. According to a study by Media Partners Asia (MPA – commissioned by NetLink Trust), the trust’s fibre network is expected to expand as users are driven to migrate from traditional ADSL and HFC connections. The migration is a tailwind today, but it also raises the question as to whether new technologies could cause NetLink Trust’s network to be less relevant in the future. Mobile broadband can be delivered through existing 3G or 4G networks owned by Singtel, M1 Ltd (SGX: B2F) and StarHub Ltd (SGX: CC3). 

From Dollars and Sense via Yahoo!: Buying a HDB flat in Singapore is one of the biggest financial decisions that most of us have to make, and usually requires a housing loan. As such, it is important to familiarise yourself with the various housing grants available as it can potentially help you save quite a sum of money.