Mar 11, 2014 | Singapore Property Market
By Paul Ho (Guest Contributor) The numerous property cooling regulations imposed by the MND, URA, MAS and IRAS have done much to curb the speculative fever in the property market, but regulations to stop the latent demand are futile. In short, if there are 20,000...
May 29, 2013 | Buying Singapore Property
(Reference: www.iras.gov.sg) Rental income is taxable in Singapore.However, there are expenses that you can deduct from your rental income: Interest on mortgage loan Property tax Fire insurance Commission paid on getting a subsequent Tenant Cost of renewing a lease or...
Apr 10, 2013 | Buying Singapore Property
(Reference: www.iras.gov.sg) Stampingthe Tenancy Agreement (TA) is an important protection to both the Tenant and the Landlord.This document binds both parties until the end of the lease. Evasion of stamp duty is a serious offence in Singapore.In most TAs, this cost...
Mar 6, 2013 | Buying Singapore Property
(Reference: www.iras.gov.sg) In Singapore, property tax on the ownership of property is based on the gross annual value of the property. The gross annual value is determined on the hypothetical assumption that the property is vacant and to be let. In most instances,...
Jun 22, 2011 | Buying Singapore Property
By MoneyIQ (guest contributor) Recently I met up with an old classmate of mine, who had just purchased a commercial property for investment purposes. I thought it would be great if he could share some of his experiences when buying commercial property, and we’ve put...