New OTP Re-Issue Restrictions
URA issued new rules for Option To Purchase,(OTP), restricting them to three weeks.
Our Team of Realtors
Amy TeoContact9366 3159R003006Z Claudia Chioy Contact9105 0220R004280G Damien ChowContact9842 7606R041950A Freda Chang Contact9817 0213R004287D Janice LeeContact9068 0981R004282C Julie PhuaContact9729 0140R043833F Justin ChewContact8222 2677R044342I Kimberley TanContact9790 3418R040657D Lincoln ChioyContact9850 2039R043236B Martin HeckContact8322 5000R004277G Nancy TanContact9101 5752R003010H Shelley HanContact9675 7811R003001I
Useful Links
Hyperlinks to often required websites related to real estate transactions.
Additional Buyer Stamp Duty – or Singapore’s Property Cooling Measures in overdrive…
ABSD – Additional** Buyer Stamp Duty Effective rates on or after 6th July 2018 (in bracket previous rates) Citizenship ABSD Rate on 1st Purchase ABSD – 2nd Purchase ABSD – 3rd & Subsequent Purchase Singapore Citizens* NA 12% (7) 15% (10) Permanent Residents 5% 15% (10) 15% (10) Foreigners buying any residential property 20% (15)…
Loan To Value Mortgage Limit and Ratio – Singapore Property Purchase Rules
Effective 6 July 2018 1) Loan to value capped at 75% or 55% for home loans from the bank if more than 30 years or extends past the age of 65. 2) Home equity loan LTV capped at 75% for borrowers without existing housing loan when funds used to buy property. 3) Home equity…
View Properties in 360 degree – virtual walk through
CLICK ON LINK(s) BELOW TO WALK THROUGH VIRTUAL TOUR (please check availability) SALE Asking S$11,800,000 D21 Modern 2 storey Bungalow at Sunset with in-ground Pool Asking S$1,500,000 D08 Hertford Collection Penthouse 2 Bedroom 2 Bathroom 947 sqft Others: Clementi Park Condominium (with Google Map Points) Welcome to our Office: Shinoken & Hecks Pte…
Impact on Buyers Stamp Duty – Singapore Budget 2018
The impact of the 1-percentage point hike in the top marginal buyer’s stamp duty (BSD) rate on the portion of a residential property’s value exceeding S$1million will be felt most for big-ticket purchases.It affects more the expensive condo units, bungalows and what is happening more rampantly nowadays – land and en bloc property purchases by…
Fancy Sentosa Living at Ocean Drive?
Minimum lease period reduced to three month (URA)
Following a 2015 public consultation by the URA, the bar was lowered from six to three months for private homes from June 30 2017. For HDB flats, the minimum stay is still six months. Under the Planning Act (URA), those who carry out or allow the lease of any home, without approval from the Government,…
Cookies on Website
The Cookie Law is a piece of privacy legislation that requires websites to get consent from visitors to store or retrieve any information on a computer, smartphone or tablet. … All websites owned in the EU or targeted towards EU citizens, are now expected to comply with the law.
Marina Bay Singapore – Panorama
[ggpkg id=6621] Singapura: the Malay name for “Lion City”. The city-state in Southeast Asia consists of the island of Singapore and about 54 smaller islands. The main island is linked by two causeways to Johor Bahru on the southern tip of the Malay Peninsula. The former British colonial trading post is since its independency in…
Singapore’s Private Residential Property Sales (Condo) – April 2017
DISCLAIMER This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely…
Singapore’s Private Residential Property Sales (Non Landed) – March 2017
DISCLAIMER This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely…
Changes to the Seller Stamp Duty (SSD)
Changes have been announced regarding the Seller Stamp Duty (SSD), and Total Debt Servicing Ratio (TDSR) restrictions on cash-out refinancing. These policy changes take effect from 11th March 2017, and are possibly to impact a little bit the private property prices. Here’s what they all mean: Changes to the Seller Stamp Duty (SSD) The Seller Stamp Duty…
Fall in private home prices is steeper – negative news on economy hurts buying sentiment
Private Home Price Decline is the steepest since 2013. This made it even more uncertain if earlier signs of a bottoming-out in prices can continue amid mounting concerns over the state of the economy and employment. 12 consecutive quarters in decline culminated to a 10.8 per cent drop in prices and a 10.7 per cent fall in…
Singapore Private Residential Properties Sales from 1 Aug – 20 Sept 2016
Source: URA Disclaimer: This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should…
TDSR – fine tuning; or is it the start of a turnaround?
The Monetary Authority of Singapore’s latest intervention in the property market will help two groups of people. First, those with an existing property loan for the home they live in; and, second, people with an existing investment property loan. The fine-tuning of the Total Debt Servicing Ratio (TDSR) rules will make it easier for such…
Seller Stamp Duty… curbing speculation
The rates of SSD payable on residential property purchased on and after 11 March 2017 and sold within certain duration, are summarized in the table below: Date of Purchase or Date of Change of Zoning / Use Holding Period SSD Rate (on the actual price or market value, whichever is higher) On and after 11…
Singapore’s Property Additional Buyer Stamp Duty (ABSD) Guide
ABSD – Additional** Buyer Stamp Duty Effective rates on or after 6th July 2018 (in bracket previous rates) Citizenship ABSD Rate on 1st Purchase ABSD – 2nd Purchase ABSD – 3rd & Subsequent Purchase Singapore Citizens* NA 12% (7) 15% (10) Permanent Residents 5% 15% (10) 15% (10) Foreigners buying any residential property 20% (15)…
Singapore’s Property Renting Guide
RENTAL PROCESS Letter of Intent Tenancy Agreement Stamp Duty Agent Commission Utility Deposit Following is a brief explanation of the rental procedure. Once you have found a property you like to rent, and the landlord has verbally accepted your offer. The formal offer is made in the form of a letter of intent. The landlord…