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35% Additional Buyer’s Stamp Duty (ABSD) will now apply for any transfer of residential property into a living trust from 9 May onwards, as announced by the Ministry of Finance late on 8 May. Previously, the Buyer’s Stamp Duty (BSD) was payable for the transfer. Depending on the profile of the beneficiary, ABSD might also...

The post What you need to know about the new ABSD (Trust): 35% rate + conditions for remission appeared first on 99.co.

ABSD of 35% to be imposed on transfers of residential properties into living trust, Golden Mile Complex sold en bloc for $700mil and more. Here are the news highlights for what happened in the Singapore property market from 3 May to 9 May 2022.

HDB appointment booking application process for a BTO or SBF flat in Singapore can be complicated. This article lists down the 5 things to look out for, the full process, outlining the timeline and costs. Learn when to pay the $10 application fee, option fee and more.

The Additional Buyer's Stamp Duty (ABSD) for Singapore citizens buying their second and subsequent properties is 17% to 25%; permanent residents, foreigners and entities have to pay 5% to 35% from 16 December 2021 onwards.

Our Singapore Government is doing an excellent job in all areas of government, ALL for the GOOD of the whole nation. Let us cooperate and work together with the Singapore Government as one UNITED nation. The world is moving on, so must we. When we give up our ancestor traditions, for the sake of the nation's progress, we and the following generations will still remember our ancestor traditions through museum that displays ancestral living and lifestyle and through heritage centers. Let us love our Government and Nation!

Nv knew that my block so near the MSCP of another BTO project. Alot of problems. can hear emission of sounds esp. In e night. Ppl gathering at night past midnight. Only 4 to 5 metre away. U think u can avoid mosquitoes in high floor but the rooftop garden is abt 7/8 storey high. So u r like living in low floors when u pay higher price.

Property prices have been on the rise in the past two years, with prices of new launch condos up by 22.14% (according to our Researcher data). On the back of a declining supply of new homes, new private home sales have also been increasing, clocking a 20.7% increase in March. Despite all these, there’s still...

The post Full list of new launch condos (with unsold units) approaching their developer ABSD deadlines in 2022/2023 appeared first on 99.co.

The biggest interest rate hike in two decade by Fed will have an impact on all kinds of loans - from credit cards, to car loans, to home loans.

The post Biggest interest rate hike by Fed and its implications for home loans appeared first on iCompareLoan.

This article is part of 99.co Money Diaries. Are you saving as much as a late-30s couple earning S$12,000/mth? How much are people really spending on their mortgages or parents’ allowances? Money Diaries provides a micro, non-filtered view into local households and their expenditures. For this season, respondents included a couple in their 30s working...

The post Money Diaries: How a couple in their 30s making S$16,500 a month spends their money appeared first on 99.co.

On paper, renting an apartment seems straightforward enough. You view a property within your budget that you like, you sign the tenancy agreement, and you move in.  Simple, right? Well, not quite. There are many horror stories from tenants who were forcibly evicted by nightmare landlords, and it seems a new case surfaces every couple...

The post Rental tenancy agreement in Singapore – 5 things you must know appeared first on 99.co.