Daily Briefing: Developers required to study traffic impact for sites; The right timing to buy shares

And here are four Build-to-Order (BTO) sites launched in November.

From PropertyGuru:

Residential en bloc redevelopment proposals must now include a pre-application feasibility study (PAFS) to assess traffic impact and recommend car-lite measures, the Land Transport Authority (LTA) and Urban Redevelopment Authority (URA) said in a circular published on Monday (13 November).

This follows an increase in applications from developers for more housing units to be built on such sites, which could cause traffic problems in future.

Effective immediately, developers or property agencies acting on behalf of collective sales committees must submit a PAFS to LTA for evaluation and approval before submitting an outline application or development application to URA.

Read more here.

From DollarsAndSense.sg via Yahoo! Finance:

The final Build-To-Order (BTO) launch for 2017 is a boon for Singaporeans looking to stay in the eastern part of the country. Four locations will be on offer in the upcoming launch, with a good mix of different sized units to cater to family of all sizes.

Read more here.

From The Motley Fool:

Have you ever bought a stock before an earnings announcement, only to see the company’s stock tank after poor results? I know I have.

At the same time, I have also waited patiently for a company to release its quarterly report before finally deciding to buy the stock. Unfortunately, because of an outstanding quarterly result, the stock price soared. As a result, I had to buy the stock at a higher price than I could have.

Although my long-term thesis of both companies remained intact, each scenario led me to reap poorer returns in the short-term as I bought shares at higher prices than I could have.

Read more here.

Also Read

Low inflation in Singapore unlikely to hold in 2Q24

Lower private transport costs ease inflation to 2.7% YoY in March

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