April 20, 2022

Pine Grove and Dunman Road GLS sites: Analysing both condo sites

The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both sites were previously under the Reserve List for the H2 2021 Government Land Sales (GLS), before...

The post Pine Grove and Dunman Road GLS sites: Analysing both condo sites appeared first on 99.co.

Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor

Most of us know that our annual property tax is calculated based on its estimated gross annual rent (assuming that the property’s rented out to say, a ‘hypothetical tenant’). This projected rental income (excluding the cost of furnishings, furniture and maintenance fees) is based on property and room types, which will then be used to...

The post Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor appeared first on 99.co.

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