DEVELOPERS may soon build fewer strata-titled landed homes - also known as cluster homes - which in recent years have become increasingly popular.
The Urban Redevelopment Authority (URA) is reinstating an old rule early next year which analysts expect to leave developers less inclined to build the homes.
The main reason for the move is that developers have tended to cram as many of these homes onto a plot as possible.
Citi launches special home loan for rich
By Joyce Teo, Property Correspondent
WELL-HEELED banking customers, with properties in Singapore and abroad, are being offered a first-of-its-kind product by Citibank Singapore.
The product, launched yesterday, allows these affluent types to consolidate their mortgage financing on residential properties held here and abroad into an all-in-one overdraft that they can use at their convenience.
These clients are Citigold Select customers - who have liquid assets of at least $1 million - and have properties in multiple countries.
