Exclusive Living In Singapore
Mount Sophia is one of the very few hills still remaining in the Central region of Singapore. It has been known since 19th century, where it has been an important inner city residential district. Since the early days, middle and upper income class citizens lived in Mount Sophia. The place is a perfect reflection of the architectural history of Singapore, as there are several types and styles of buildings established through the urban revolution of the estate. Read more
The showflat for the most recent New Launch Condo, Highline Residences at Kim Tian Road was opened for a closed-door sales last weekend. 80% of the units that were released for sales during the private event were sold out. Read more
The Housing & Development Board (HDB) and Ministry of National Development (MND) have made changes to the Enhanced Lease Buyback Scheme (LBS) and the new revised scheme will be taking effect from next year, 1st April 2005.
A lot of property buyers are still clueless about what Total Debt Service Ratio (TDSR) actually is and are totally unaware of its impact on their next property purchase. Whether it is buying an upcoming Singapore new launch condo, or a resale condo, the TDSR is important for potential property buyers as it determines the size and type of property that the buyers can consider. With the introduction of TDSR, more likely there will be a trend shift and buyers might want to focus their attention on smaller units as they are more affordable.
For the past few years, the Singapore government has been implementing several property cooling measures to stabilise property prices in Singapore and avert property bubble from forming in our homeland. For investors or home buyers who are interested to purchase any Singapore New Launch Condo or Singapore property, it will be important to know the cooling measures well before making any purchase.
Tiong Bahru‘s charm has largely survived Singapore’ sweeping modernisation because the country ‘s Urban Redevelopment Authority designated it a conservation area in 2003 and carefully policies any changes to its buildings
Tiong Bahru – One of the 50 Most Stylish Neighborhoods in the World
The Jurong Lake District which has an area of 360 hectare will soon be morphing into a bustling Commercial Hub outside the City. The district will be divided into 2 complementary precincts, Jurong Gateway and Lakeside
The 70 hectare Jurong Gateway will be housing an excellent mix of high and medium rise offices, retail, entertainment, F & B, entertainment, hospital and new launch condo. Of this 70 hectare area, 500,000 sqm will be taken up as office space and 250,000 sqm will be used for retail, entertainment and F & B. About 2,800 hotel rooms will also be developed to cater to future tourists and business travelers.
With Jurong East MRT station being next to it, this new commercial hub will offer alternatives to businesses and bring jobs closer to homes. There will be extensive network of elevated covered walkways from the Jurong MRT Station as well to ensure that pedestrians can walk comfortably and leisurely to the public facilities in Jurong Gateway while enjoying the panoramic lake view.
Tiong Bahru Plaza houses 165 shops and three floors of basement car park.
Rich with architectural, cultural and historic significance, the mention of Tiong Bahru often evokes a sense of nostalgia.
However, the area, particularly Tiong Bahru estate, has seen a rejuvenation in recent years with many new and trendy commercial tenants. Read more
Article from Business Times which mentioned about the development of Northpoint City and North Park Residences.
Before making a purchase of any residential property in Singapore, it is vital to be aware of the taxes that one is subjected to before making a major financial commitment. Below are some essential property taxes that a home buyer should take note of.
| Based on the purchased price or market value, whichever is higher | |
|---|---|
| First $180,000 | 1% |
| Next $180,000 | 2% |
| Next $640,000 | 3% |
| Next $500,000 | 4% |
| Next $1,500,000 | 5% |
| Remaining | 6% |
*Note: As of 14th of Feb 2023, the Buyer’s Stamp Duty will range from approximately 3% to 6% of the purchased or valued price of the property.
Stamp duty is a tax levied on the legal recognition of certain documents and in Singapore, any documents that are related to immovable properties, stocks or shares are taxable.
