Tag: ABSD

property-conveyancing-singapore

Property Conveyancing in Singapore: What You Need to Know

Conveyancing is the transfer of legal ownership of property from one person to another. While buying a property is an exciting — and expensive — decision, home buyers in Singapore must ensure that they devote sufficient attention to what’s no doubt the drier aspects of it: maintenance fees (for condos), property tax, stamp duty and the conveyancing process. Once you have decided…

Dual Key Units Property

Dual-key units: Analysing pros and cons for property buyers

Dual-key condo units first hit the market with the launch of Caspian by Fraser Centrepoint Homes back in 2009. Since then, developers have caught on, launching numerous projects across Singapore that feature dual-key units, including Park Place Residences, Kallang Riverside and 120 Grange. With dual-key units, owners essentially have two self-contained living spaces that share…

New Cooling Measures Property Singapore

New property cooling measures in Singapore: a cause and effect analysis

The first week of July 2018 was a rollercoaster ride for the Singapore property market. First, on Monday, the Urban Redevelopment Authority (URA) released 2Q 2018 flash estimates that indicated a strong surge in private property prices towards its previous highs of five years ago — when a series of cooling measures brought property prices…

ABSD increase

ABSD increase on 6 July 2018: Singapore government stuns property market

[This is the joint media release by the Monetary Authority of Singapore (MAS), Ministry of Finance (MOF) and the Ministry of National Development (MND) reproduced in full.] Singapore, 5 July 2018 — The Government announced today adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool…

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