Category Archives for Property
Johor to Increase Property Tax for Foreigners
Yesterday, it was announced that Johor will be implementing higher tax rates for foreign owned properties by the end of this year. This will affect almost 130,000 foreigners. The new rates are still being discussed but will be imposed by the end of the year. Depending on what the new rates are, they might or […]
Singapore Conversation on Housing
A temporary imbalance in supply and demand has pushed up property prices to bubble-like levels. What are your views? If you like to be a part of the Singapore conversation on housing, you can sign up at this page: Singapore conversation on Housing Registration The first session starts on 20th April 2013. Alternatively, you can […]
Transparency in Home Sales
The government is doing all it can to cool property prices, with the latest steps having stiffer laws to ensure that developers do not mislead in terms of price and space. When reporting prices, developers must now reveal all discounts, including furniture vouchers and stamp duty reimbursements. This ensures transacted prices for new projects are […]
Shoebox Shops Nonsense
After government intervention had put a stop to shoebox apartments and factories, developers have been quick to turn their attention to shoebox retail shops. Building a shopping mall made up of entirely shoebox shops is clearly a ploy by developers to squeeze for maximum profits as they will be able to sell the units at […]
Major Rethink of HDB Policies
National Development Minister Khaw Boon Wan’s comments that there would be a major relook at HDB policies, caused many people to be worried. The part that got people worried was the part on a “return to the past when flats could only be sold to HDB, and not in the open market”. The media has not […]