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Impact of 1% point hike on Residential Property

Impact of 1% point hike on Residential Property

by PropertyNet.SG | Feb 22, 2018 | Insights, Market Trend, Private Condominium, Property Type, Regulation & Policies, Topic | 0 comments

On 19 Feb 2018, the ministry of finance announced the increment of buyer stamp duty by 1% for residential property exceeding S$1,000,000 in value. Here are the changes: Before 20th Feb Buyer Stamp Duty (Old Rate) After 20th Feb Buyer Stamp Duty (New Rate) First...
Decoupling to reduce or avoid ABSD: Costs, Savings & Potential Pitfalls

Decoupling to reduce or avoid ABSD: Costs, Savings & Potential Pitfalls

by Edwin Goh WJ | Feb 20, 2018 | 2018, Agent, Buyer, Insights, Investor, Process and Procedures, Regulation & Policies, Seller | 25 comments

Cooling measures (ABSD, TDSR & LTV) are here to stay for now, and decoupling is one of the methods for couples (or multiple owners) to reduce ABSD payable when buying their 2nd property. By decoupling, one party will take over the full ownership of the existing...
How to calculate Sales Proceeds from Sale of HDB?

How to calculate Sales Proceeds from Sale of HDB?

by Edwin Goh WJ | Feb 11, 2018 | Finance, Property Type | 0 comments

To work out the sales proceeds (or cash) you will receive from the sales of your HDB, you will need the following information: Estimated Sales Price of Your Property Outstanding Mortgage Loan Amount CPF Monies Utilised Property Agent Commission Legal Fees Mortgage...
Top 10 Selling Private Condo in July 2017

Top 10 Selling Private Condo in July 2017

by PropertyNet.SG | Aug 14, 2017 | Insights, Market Trend, Topic | 2 comments

News are reporting that the property market is bottoming up and new launches like Hundred Palm Residences, Martin Modern & Le Quest are selling like hot cakes – Hundred Palm Residences was sold out in 7 hours, 90 units and 280 units were sold during launch...
New Milestone: PropertyNet.SG featured by Channel 8 Money Week (财经追击)

New Milestone: PropertyNet.SG featured by Channel 8 Money Week (财经追击)

by PropertyNet.SG | Aug 12, 2017 | Insights, Market Trend | 0 comments

Thank you for support us! With your trust and support, we have managed to reach a new milestone. We are featured by Channel 8 Money Week (财经追击): It is a small good step for us, and we will keep moving forward to: Deliver highly relevant information regarding Singapore...
ONLY 1,235 units of Executive Condo left for grab!!!

ONLY 1,235 units of Executive Condo left for grab!!!

by PropertyNet.SG | Jul 29, 2017 | Insights, Market Trend, Topic | 0 comments

After the sold out of Hundred Palms Residences within 7 hours, strong take-up is seen at other Executive Condominiums. Within two weeks from 15 July 2017, a total of 242 Executive Condos is sold, leaving only 1,235 units of ECs. The below chart shows the number of...
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