Daily Briefing: Falling HDB prices led to higher EC vacancy; Moneylenders complain of 4% rate cap

And two GLS sites adopt PPVC.

Falling prices in the HDB resale market has resulted in more vacant Executive Condominiums (ECs), according to Century 21s Chief Executive Ku Swee Yong in a media report. View more here.

While licensed moneylenders in Singapore admit there is a need to cap loan interest rates, they argue the four percent monthly rate put forward by an advisory committee is rather unreasonable, reported the media.View more here.

Two upcoming Government Land Sales (GLS) sites at Yishun Avenue 4 and Jurong West Street 41 will need to adopt Prefabricated Prefinished Volumetric Construction (PPVC), an advanced technology in construction. View more here.

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