In Singapore, the question of whether Capital Gains Tax (CGT) should (or can) be implemented stirs considerable debates because it reflects the broader discussions on equity, fiscal sustainability, and economic competitiveness. Though can be considered an academic contemplation, the CGT question touches on Singapore’s core economic strategy and social contract. As such, we will try…
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In a recent article, we discussed how a recently MOP-ed HDB in Kallang witnessed a capital gain of S$500k. Building on this, the condo resale market is seemingly experiencing a surge in capital gains. However, amidst this surge, a notable event unfolds – the first price drop in five months, signalling potential shifts in the…
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Image credit: Google Maps On February 20, 2024, a significant partnership was forged between The Assembly Place (TAP), the TS Group, and MOH Holdings (MOHH) in Singapore. This partnership aims to develop designated lodging facilities tailored for healthcare professionals, with a primary focus on fostering community living and providing essential support for those working in…
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We await an exciting new phase in Singapore’s public housing with two significant BTO projects launching in prime locations of Tanjong Rhu and Holland Village. These two are among the seven developments slated for June 2024. The announcement introducing the first BTO batch flats in the vibrant Holland Village after a long wait and fresh…
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A site was recently purchased for S$12.25 million by Primest Land V1 Pte Ltd at a S$804 per plot ratio factoring LBC. No. 27 Geylang Lorong 32 is situated in the heart of District 14. It is considered a distinctive freehold residential site, recently receiving an outline planning permission for an 8-storey boutique redevelopment of…
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