Property Buying Tip #10: Co-Ownership

In Singapore, there are two forms of co-ownership for residential property. (1) Joint Tenancy [right to survivorship] Two or more parties have rights to the land as if they were a single owner. It also implies the right to survivorship i.e. when one party dies, his or her share automatically passes on to the other…

Have Industrial Property Prices Spiraled Out of Control?

By Mr. Propwise While everyone (including the government) has focused their attention on the residential market, one segment that has gone through the roof is industrial property. In 3Q2012 the Industrial Property Price Index registered a stunning 8.8% quarter-on-quarter growth to hit 183.3, an all-time high. This was the twelfth quarter of growth, and unlike…

New Home Sales Surge in February – More Government Measures Ahead?

By Mr. Propwise Sales of residential property by developers surged in February to exceed even those during the 2007 and 2009 booms. The interesting (and perhaps worrying) aspect is that the sales were largely driven by sales of Executive Condominiums (ECs) and mass market condos. In my opinion, this increases the risk of further Government…

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…

Will the Upcoming Supply Cause Property Prices to Fall?

By Mr. Propwise In an interesting and contrarian report, Dr. Chua Yang Liang of Jones Lang Lasalle argues that the surge in upcoming supply will not cause property prices to fall. In this article I will sum up his arguments and add some of my own thoughts. Recently several property analysts have been arguing that…

Singapore Property Beginner’s Guide Part 4: Know your property lingo

This the fourth and final post in our series to help the absolute beginner understand the Singapore property market. Our first post was about the different public and private housing types, the second was about districts and planning areas in Singapore, and the third looked at the major players in the property market and how…