The April 2023 property cooling measures saw adjusted Additional Buyer's Stamp Duty (ABSD) rates. Most notably, the ABSD rate for foreigners buying any property was doubled and is now 60%. What do Singaporeans think of the latest round of cooling measures? Let's find out.
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Hello,
I just read your blog post about the potential impact of unsold units on new launch condos in Singapore and wanted to drop a comment to share my thoughts. As someone who is considering purchasing a new launch condo, I found your post to be very informative and helpful in understanding the potential risks and implications of an unsold unit.
I appreciated the detail you provided on the Additional Buyer's Stamp Duty (ABSD) and the deadlines involved. Your analysis of the potential consequences of unsold units, such as additional costs and regulatory implications, was also insightful in understanding the importance of the issue.
The mention of the possible options for developers, such as en-bloc sales or rental options, was helpful in understanding the potential solutions to this issue.
Overall, I found your blog post to be a valuable resource for anyone considering purchasing a new launch condo in Singapore. Thank you for sharing your expertise and analysis on this topic!
Associate District Directors at PropNex at 27, this dynamic couple walk the talk and display a maturity beyond their years. All roads led to real estate When Vevien graduated from the University of Birmingham with a degree in Business Management with Communications, she has always been drawn to a career that provides flexibility and allows…
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The article provides a helpful overview of the latest condominium developments in the North-East region of Singapore. The article highlights seven new projects that offer a range of options for prospective buyers, from affordable options like Executive Condominiums to luxurious developments like The Watergardens at Canberra. The author provides key details on each development's location, amenities, and unit types, as well as insights into their potential investment value. The article's emphasis on the diverse range of options available in the North-East region is particularly helpful for buyers seeking a property that suits their specific lifestyle needs and budget. Overall, the article provides a useful snapshot of the latest condominium developments in one of Singapore's most vibrant regions.
Buy The Right Condos Half-Day Workshop by Property Club SingaporeLearn all the tips and trapsto buy private homes21 May 2023 (Sun)2 p.m. - 5 p.m.National LibraryWhat You'll LearnCase studies: Real-life examples of selected projects- How did the buyers step on landmines- How bad are the casualties- What are the lessons learnedGroup discussion: Landmines in today’s... [read more]
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Blossoms By The Park sold more than 70% of its 275 units at an average price of $2,423 PSF during its launch day. Meanwhile, HDB is making its flat buying process easier with a single application in the HDB Flat Portal.
This article provides a great insight into how to calculate rental yield for Singapore property investments. It's important to understand the concept of rental yield as it helps property investors evaluate the potential return on investment of a particular property. The article breaks down the calculation of rental yield step by step, making it easy for readers to understand. Furthermore, it highlights the importance of considering other factors such as vacancy rates and maintenance costs when calculating rental yield. This is a very informative article for anyone considering investing in rental properties in Singapore.
Shared offices are great for small businesses and startups because they provide them with affordable and flexible office space. Shared offices provide a more private environment than shared workspaces, which can be great for companies that require a high level of confidentiality. The other advantage of shared offices is that they are often located in established commercial areas, which means that your business can gain some credibility and achieve a professional look.
The article "How Much Commission Do Property Agents in Singapore Really Get?" on 99.co provides a detailed explanation of the commission structure for property agents in Singapore. The article states that the standard commission rate for property agents is 2% of the sale price for private properties and 1% for HDB properties. It also highlights that there may be additional costs such as GST and marketing fees. The article also provides tips for sellers on how to negotiate commissions with their agents. This article is informative and helpful for those who are planning to sell their property and want to understand the commission structure for property agents in Singapore.
The pool of private home buyers is fast shrinking in the current property market. While HDB resale flat prices are on the rise, why are HDB owners not upgrading? Other countries are fighting hard to avoid slipping into recession. In contrast, the economy of Singapore still looks fine at least on the surface. Where have... [read more]
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