December 15, 2022

GST increases to 8% from 1 January 2023: Should property buyers, sellers, upgraders and renovators be concerned?

The Singapore government has given us at least eleven months to prepare for this day, when they announced the staggered implementation of our Goods and Services Tax (GST) hike during February’s budget 2022 – from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. With about half a…

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3 mistakes to avoid when downgrading from private property to HDB flat

There are various reasons why homeowners want to downgrade and right-size from private property (executive condominium, condo or landed) to an HDB flat. It can be because they are empty nesters and no longer need a big space or no longer use the condo facilities. After all, there’s no point in paying S$300 per month…

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