Blog & Property News

Introduced in 2022, the Land Betterment Charge (LBC) is a tax levied on windfalls arising from increases in land value when development takes place. Additionally, LBC rates are reviewed twice a year by the Singapore Land Authority (SLA), with adjustments made based on location and property type.

The First Home Dilemma: BTO Flat or Resale HDB Flat?

Investing to beat inflation should be a top priority, as not doing so could lead to an erosion of our cash savings. In light of the recent data showing a year-on-year rise of 3.3% in core inflation for October and an average inflation rate of 5% projected for the entire year of 2023, it becomes even more crucial to take...

Buying a home always seems daunting especially when purchasing a big-ticket item and the prices for private homes can easily start at a million dollars. But when you have the ability to break down the figures and have a clear overview of your financial capabilities in terms of servicing your monthly mortgages, you'll realize that owning private...

Singapore Cooling Measures 2022. What has changed?

When the expected selling price in the Outside Central Regions such as Tanah Merah Kechil and Yishun could exceed $1,700 & $1,800 psf, what will be the asking prices in the Rest & Core of Central Regions? Even Executive Condominium would be priced above $1,100 psf, which makes brand new private condominium selling at the same price of...

Sales of condominium rises amid current COVID situation. We see an 5.6% increase as compared to August 2020, with some of the best selling projects like Penrose, Treasure at Tampines as well as Jadescape condominium.

Developer sentiment has been dampened significantly by the latest government's announcement of new cooling measures, according to a survey conducted by National University of S'pore (NUS) and Real Estate Developers' Association of S'pore (Redas).

New York (CNN Business)The Federal Reserve announced a major strategy shift Thursday that will likely keep interest rates low for longer to let prices rise and jobs flourish.

Due to the recent en blocs & Government Land Sales (GLS) happening all across the island especially in Prime Districts, land costs in S'pore have been growing steadily. District 9, 10 & 11 are the most sought-after prime districts here in Singapore. These districts are the most preferred Prime residential area for expatriates, investors and even...