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

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...

Change or Transfer of HDB Flat Ownership Within Family Members

by PropertyNet.SG | Feb 28, 2017 | Insights, Property Type, Regulation & Policies | 0 comments

The article is published with permission from SMTP. For all enquiries regarding this article or if you are seeking legal advice, you may contact Mr Gary at 9107 5225. INTRODUCTION By now, most of us are aware that from 1 April 2016 or thereabout, the Housing and...

Time to buy residential properties?

by PropertyNet.SG | Feb 7, 2014 | Insights, Market Trend, Topic | 0 comments

Last year, 2013, our team has urged our clients to hold their purchase of residential property. Today, articles “Cash premiums for resale HDB flats fall to eight-year low in January” & “Gloomier Prospect for Property Sellers” from The...