Singapore Property News This Week #117

Residential Property market set for 2016 incident due to abundant supply It is reported that the sellers stamp duty (SSD) should be relooked to prevent a collision with a record number of private homes released to the market in 2016. According to Orange Tee’s data, a total of 33,555 units will make their ways into…

Property Selling Tip #4: Seller Stamp Duty

At the time of this writing, a Seller Stamp Duty (SSD) is applicable for the below situations: (1)    If you property is bought between 30 August 2010 to 12 January 2011, the following SSD applies: 3% of price or market value if the property is sold within the first year. 2% of price or market…

How to Measure Your Property’s Actual Investment Returns

By Gerald Tay (guest contributor) I recently came across two investors who made money in property investing in the property boom during the last three years (i.e. from mid-2009 to end 2012), albeit in very different ways. I have taken the liberty to simplify and change some numbers as well as ignore all expenses so…

Singapore Property News This Week #3

Here’s our summary of the important residential, commercial and industrial news this week. We hope this helps you to save time catching up on the news! RESIDENTIAL Average holding period for subsales increased to 2.31 years in Q1 2011 Savills’ study revealed that the average holding period for subsales in Q1 2011 was 2.31 years,…

UPDATE: Summary and impact of the latest property measures

It’s all over the media – the government has just announced another round of cooling measures for the property market. Summary of the new measures Here’s a summary of the measures: 1) The holding period for Seller’s Stamp Duty (SSD) to be imposed has been increased from the current three years to four years. 2)…