All posts tagged: resale

Commentary: After first quarterly dip in nearly seven years, where are HDB resale prices headed?

Commentary: After first quarterly dip in nearly seven years, where are HDB resale prices headed?

Published by Sam Flores

But uncertainty could also push more private home owners to right size, particularly as they approach retirement. This would add to the demand for larger HDB flats, particularly those in more desirable locations. This was what we observed with the Russia-Ukraine war in 2022, which saw a very small but growing number of HDB resale flats fetching at least S$1 million (US$787,340) and strong price growth for larger flats in non-mature towns such as Sembawang and Woodlands. That same year also saw the introduction of a 15-month wait-out period for former and current owners of private homes seeking to buy public housing flats. The restriction was aimed at cooling the HDB resale market for higher-priced flats, which was heating up partly due to demand from private property downgraders flush with capital. This underscored how periods of uncertainty can have implications for housing demand, especially as HDB flats are often seen as a more affordable option. WHAT IT MEANS FOR BUYERS AND SELLERS Despite heightened uncertainty and expectations of higher inflation, the HDB resale market is …

US Treasury To Allow Resale Of Venezuelan Oil To Cuba to Ease Island’s Fuel Crunch

US Treasury To Allow Resale Of Venezuelan Oil To Cuba to Ease Island’s Fuel Crunch

Published by Jenni Sidey

Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The U.S. Treasury Department on Wednesday announced a new licensing policy to streamline the resale of Venezuelan oil to Cuba, with the goal of supporting the island’s private sector and bolstering humanitarian efforts amid ongoing fuel crises. The refinery El Palito in Puerto Cabello, Carabobo state, Venezuela, on Jan. 22, 2026. Ronaldo Schemidt/AFP via Getty Images The Office of Foreign Asset Control (OFAC) will extend the new licensing policy to specific applications seeking authorization for the resale of Venezuelan oil for use in Cuba. The move was done “in accordance with the United States’ support and solidarity for the Cuban people,” reads the new policy. The policy does not cover entities or persons connected to the Cuban military, intelligence services, or other government institutions, including entities on the U.S. State Department’s Cuba Restricted List. The Treasury’s Cuban Assets Control Regulations generally already authorize U.S. persons to export oil from the United States to Cuba, or to reexport U.S.-origin oil from a third country to Cuba, …

New York Introduces Bill to Cap Ticket Resale Prices

New York Introduces Bill to Cap Ticket Resale Prices

Published by Daniella Wilson

Ticket scalping could be facing major upheaval in New York, as a state senator is set to bring forward legislation that, if passed, would outlaw reselling concert tickets for more than they were originally purchased for. State senator James Skoufis will introduce several proposed amendments to New York’s exiting ticketing laws on Friday morning, the most notable of which focuses on capping resale prices to the original face value ticket price. “The total price at which a ticket reseller may sell or offer to sell a ticket to a live music concert or music performance may not exceed the total price of the initial ticket, inclusive of all fees and taxes, including those set forth in subdivision one of this section, in connection with the purchase of the initial ticket,” reads a draft of the bill Skoufis’ office shared with The Hollywood Reporter. The news comes a day after California also announced similar legislation Thursday, marking major potential changes in two of the biggest live music markets in the world. “The vast majority of the …