Singapore’s top five areas most prone to flooding, plus other updates
For PropertyGuru’s news roundup, find out the top five areas in Singapore most prone to flooding, plus tips on what to do if your home floods. In other headlines, Japanese architect and humanitarian Shigeru Ban has been named the 35th Laureate of the Praemium Imperiale Award for Architecture. And lastly, here are some top reasons why this may be the right time to purchase a property in India.
5 Areas most prone to flooding in Singapore (2024)
Flooding in Singapore is actually quite common. All it takes is some heavy rainfall and before you know it, certain flood-prone areas are quickly inundated with water.
Floods have occurred on multiple occasions in 2024. For instance, in May, an amount of rainfall equivalent to 65 percent of the average monthly rainfall in May was recorded in just 6 hours, triggering flash flood warnings in more than 10 locations and stalling flights at Changi Airport. Likewise, in February, flash floods affected several parts of Singapore—look at what happened to the East Coast Park carpark.
PropertyGuru Singapore shares the top five areas in Singapore most prone to flooding, as well as tips on what to do if your home floods.
Shigeru Ban receives the 2024 Praemium Imperiale for Architecture
Japanese architect and humanitarian Shigeru Ban has been named the 35th Laureate of the Praemium Imperiale Award for Architecture. Established in 1988 by the Japan Art Association, the annual award seeks to recognize exceptional achievements in Painting, Sculpture, Architecture, Music, and Theatre/Film. ArchDaily reports that Shigeru Ban’s contributions to architecture have been significant, not only for the distinctive design aesthetics but also for the innovative use of materials, particularly in the context of emergency interventions and humanitarian work.
India property: Why should you buy a house now?
Buying a property is one of the top life goals for most Indians. Real estate is one of the popular investment options. Commercial properties are usually bought for investment purposes, while people generally have an emotional connection when it comes to buying a residential property. Moreover, buying a house has become necessary with increasing disposable income and evolving lifestyle needs. However, one of the most common questions buyers face is whether to buy a property now or wait for the right time.
Several factors influence decisions regarding property purchases, including the buyer’s financial situation, home loan interest rates, market conditions, and so on. By analysing these factors, one can determine whether it is the best time to buy a house. Housing.com shares some top reasons why this may be the right time to purchase a property in India.
The Property Report editors wrote this article. For more information, email: [email protected].
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