6 Reasons Why Property Curbs Should NOT Be Removed

By Gerald Tay (guest contributor) There have been recent calls to the government asking to relax some of its property-cooling measures as demand for real estate wanes. MrGetty Goh, director at Ascendant Assets voiced his view on this, speaking at a Business Outlook Forum recently. He said the government should consider repealing the Seller Stamp…

Singapore Property News This Week #139

Residential All 281 units of Hillford sold All 281 units at 60-year leaseholdThe Hillford, Singapore’s first retirement resort, were sold within five hours on Jan 18 from about 1,000 prospective buyers with earlier indicated interest. The average price for the units is $1,100 psf. 186 of all the units are in one-bedroom configurations, with size…

Who the New Total Debt Servicing Ratio Will Kill

By Property Soul (guest contributor) The Monetary Authority of Singapore (MAS) introduced the Total Debt Servicing Ratio (TDSR) framework for all property loans granted by financial institutions (FIs), with effect from 29 June 2013. In for the kill Computations of the TDSR affects properties that are residential or non-residential, owned individuals or companies, new applications…

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…

Does a 60 Years Leasehold Condominiums Make Sense?

By guest contributor AK When I was told that residential properties in Hong Kong generally come with a 50 years lease, I was amazed. Imagine that someone in his thirties bought a condo in Hong Kong and he lived to be 90 years old.  This effectively means that he could be kicked out of the…

Property Market Outlook 2012 – A Wrap Up

By Mr. Propwise As 2011 comes to an end (how time flies!), we polish our crystal ball, take stock of the key takeaways from some of our previous articles, and try and peer into 2012 to see what the new year will bring for the Singapore property market. Worrying trends in 2011 In a previous…

Singapore Property News This Week #31

Residential A need for clearer ABSD guidelines The Additional Buyer’s Stamp Duty (ABSD) is the latest governmental measure aimed at cooling the residential market. The ABSD is imposed on foreigners and companies buying any residential property (including residential land), permanent residents buying their second and subsequent property and Singapore citizens buying their third and subsequent…

Additional Buyer’s Stamp Duty – The Straw that Breaks the Camel’s Back

By Mr. Propwise On the evening of December 7th the Government announced an Additional Buyer’s Stamp Duty (ABSD) to be imposed on certain categories of residential purchases. The intent is crystal clear – stamp out (pardon the pun) investment demand, especially from foreigners. There have been a flurry of news reports and opinion pieces, and…

Residential properties: Why are investors still buying?

By Ku Swee Yong (guest contributor) Despite round after round of cooling measures in 2010 and 2011, many investors remain eager to park their funds in residential properties. The tightening measures have merely relegated a fraction of the investors to the sidelines and, while they watch the market closely, others continue to invest. Why are investors…