government says no to developers

How property buyers should react to the ABSD increase

So you were either celebrating your wedding anniversary at a Michelin-star restaurant or working overtime in your office. Either way, you missed the chance to buy your dream property before the Singapore government raised Additional Buyer Stamp Duty (ABSD) and further tightened the Loan-to-Value (LTV) limit on the stroke of midnight on 16 December 2021….

Non-mature estates vs Mature estates: The truth and why it matters

Despite how Singaporeans like to refer to HDB flat locations as “mature” or “non-mature” like they’re some kind of cheese, HDB’s own classification of non-mature estates and mature estates is surprisingly unclear. In fact, the Housing Board does not give an exact definition of non-mature estates and mature estates. The only time these terms appear…

state land couple illegal landed property

Couple occupies state land the size of HDB maisonette for 15 years, gets fined $7,000

For nearly 15 years, a couple had illegally occupied 144.2 square meters of state land—the size of a HDB executive maisonette flat—by annexing it as part of their existing three-storey landed property until the law finally caught up with them. Tan Teck Siong and his wife Cheah Mee Poh had bought the 999-year leasehold land,…

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