3 Months Rental now possible (30th June 2017)

3 Months Rental now possible (30th June 2017)
The Urban Redevelopment Authority (URA) has lowered the minimum stay duration to three months, from the current six months. The revision takes immediate effect and applies to all private properties which have been approved for residential use. All occupants residing in such properties must fulfil a minimum stay duration of three consecutive months. Stay durations of less than three consecutive ...
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Update on TDSR (10 March 2017)

Update on TDSR (10 March 2017)
Posted on
MND, MAS and MOF released a joint statement today to announce the relaxing of some residential property measures. Here's what you should know about the change in TDSR policies for properties purchased from 11 March 2017. What this mean ? Case Study Uncle Sam is a retiree with no regular income. He own a fully paid property with market value $2 mil. He has a cash saving of $500,000 ...
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Property Losses that are actually Profit ?

In recent times, there are news reports that highlight huge losses in Property Market. Do they tell the whole story ? Boomtime buyers now big losers More than 800 condo units were resold at a loss this year as economy slows An ultra-luxury apartment with a sea view at Sentosa Cove has made the largest loss in the property market so far this year. Originally bought for $11 million in 2011, ...
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Top bid of S$238.39 million from MCL Land for Margaret Drive housing site

MCL’s bid for the Margaret Drive site translates into S$997.85 per sq ft per plot ratio. “The top bid is quite bullish as it is 14.5 per cent higher than the land price of the land parcel on which (the nearby) Queens Peak site was sold in June 2015 at S$871.14 psfppr, even though the subject site is further away from the MRT station. The top bid for the subject site was the second highest among...
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Stamp Duty – Who to Pay ?

Stamp Duty – Who to Pay ?
Terms of the Agreement The party who is liable to pay Stamp Duty is usually stated in the agreements. For example, if you rent a property, the tenancy agreement should state who is liable to pay Stamp Duty. Stamp Duties Act When the terms of the document do not state who is liable to pay Stamp Duty, the party to pay Stamp Duty will follow that as specified in the Third Schedule of the Stamp D...
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December 2016 Property Auction

December 2016 Property Auction
Colliers International Date : Monday, December 5, 2016 Time : 2.30pm - 5.30pm Venue : The Amara Hotel , Level 3, Connection Room Colliers property auction is held once a month. Knight Frank Date : Tuesday, December 6, 2016 Time : 2.30pm Venue : The Amara Hotel , Level 3, Connection Room Edmund Tie & Company Date : Wednesday, December 7, 2016 Time : 2.30pm Venue : ...
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November 2016 Property Auction

November 2016 Property Auction
ERA  Date : Wednesday, November 30, 2016 Time : 2.30pm Venue : Mountbatten Square, Level 3, Tanglin Room 1  ERA’s property auction department provides advice and recommendations on sale prices and timings for properties to be put on sale. From residential to commercial properties, the auction department assists its clients such as property owners to achieve optimal results w...
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Is FREEHOLD really better than 99 Years leasehold ?

Is FREEHOLD really better than 99 Years leasehold ?
It's often hard to compare if a freehold/999 property is better than a 99 years leasehold property. Over time, does a freehold/999 property appreciate more than a 99 years leasehold property is an often debated question. Interestingly, there happens to be 2 Condominium in Singapore, side by side, by the same developer, built around the same time of which 1 is a 999 years leasehold property, ...
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