TLDR The 2024 Budget introduces changes to property tax bands, aiming to ensure fair taxation based on Annual Value (AV) of homes. Retirees in high-value properties facing financial strain can benefit from interest-free payment plans. ABSD remissions now extend to singles aged 55+ selling old properties to buy cheaper ones. Developers can enjoy ABSD discounts by selling off projects within five years. Young families …
Singapore’s landscapes is renowned for its innovative and dynamic approach to urban development, boasting some of the most iconic landmarks in Southeast Asia. From towering skyscrapers to futuristic nature parks, Singapore’s property market has something for everyone. In this video, we will take a closer look at some of the most iconic landmarks in Singapore’s property market. Marina Bay Sands: The Marina Bay Sands …
Conservation shophouses are a unique and valuable investment opportunity in Singapore. These historic buildings are a key part of the city-state’s architectural and cultural heritage and offer investors a chance to preserve and promote this heritage while also potentially generating a steady income and capital appreciation. We will explore in detail why investing in conservation shophouses in Singapore can be a unique opportunity. Cultural …
As the Chinese New Year festivities wind down, folks are once again on the prowl for new homes, and understandably, some are finding the current market a bit mind-boggling. If it’s been a while since you last dipped your toes in the property waters, today’s prices could leave you gobsmacked – with outlying condos clocking in at over $2 million and even traditionally “safe” …
Property investment scams are unfortunately prevalent in Singapore, and unsuspecting investors can fall victim to these scams, leading to significant financial losses. Scammers use a variety of tactics to lure investors, including false promises of high returns, guaranteed rental income, and off-plan investments. We will explore the most common property investment scams to watch out for in Singapore. Common Property Investment Scams in Singapore: …
The proposed Singapore-Malaysia High-Speed Rail (HSR) is a joint project between the two countries that aims to improve connectivity and transportation between Singapore and Kuala Lumpur. The HSR is expected to have a significant impact on various industries, including the property market. We will explore in detail the impact of the Singapore-Malaysia High-Speed Rail on the property market. Impact of the Singapore-Malaysia High-Speed Rail …
TLDR When considering the current real estate market in Singapore, it’s crucial to understand the impact of factors such as interest rates, Additional Buyer’s Stamp Duty (ABSD), and economic uncertainties on property prices. While high-end properties in prime regions may experience a price reduction due to rising interest rates, the potential decrease in foreign investments could be a more significant concern. As economic conditions …
Singapore’s property market has always been an attractive investment option due to its stability and potential for high returns. While the market has experienced some fluctuations over the years, the rental market remains a lucrative option for property investors. We will explore in detail why Singapore’s rental market is still a lucrative investment option for property investors. Why Singapore’s Rental Market is Lucrative for …
Choosing the right property agent is crucial to the success of your Singapore property investment. A good agent can provide valuable insights into the market, help you navigate the buying and selling process, and negotiate the best deal for you. We will explore in detail how to choose the right property agent to help with your Singapore property investment. Choosing the Right Property Agent: …
Alright, let’s talk about 2024. We’re not expecting the same kind of shortages we’ve seen after COVID-19. Some folks are even guessing we might see north of 11,600 new units cropping up from about 38 fresh launches. And keep in mind, these are just the big boys on the block – we might have a few small ones joining the party too. If you’re …
Singapore, a small yet bustling city-state, is well-known for its impressive skyline, diverse culture, and delicious food. However, not many people are aware that Singapore also offers some stunning scenic drives that provide an escape from the hustle and bustle of city life. These routes showcase the natural beauty and hidden gems of the island, perfect for a leisurely drive or a weekend getaway. …
Singapore is known for being one of the most expensive cities in the world, particularly when it comes to property prices. However, there are still some areas in the city-state where investors can find affordable property investment options. We will discuss in detail the top five most affordable areas to invest in property in Singapore. Jurong West: Jurong West is a mature estate located …
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