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Everything EC Buyers Need to Know—Featuring Novo Place

Everything EC Buyers Need to Know—Featuring Novo Place

by PropertyNet.SG | Oct 9, 2024 | Executive Condominium, Insights, Market Insights, Regulation & Policies | 0 comments

    With the recent launch of Novo Place Executive Condo (EC) at Plantation Close, many potential buyers are excited to explore this new opportunity in the evolving Tengah region. The last EC launch, Lumina Grand, took place in January 2024, making it the perfect time...
Family Legacy Planning: The Intricacies of Will-Writing

Family Legacy Planning: The Intricacies of Will-Writing

by PropertyNet.SG | Mar 14, 2018 | Insights, Legal Case Studies, Topic | 0 comments

INTRODUCTION Generally, most parents leave their estate to their children. However, what happens when a child should predecease you? What then, becomes of his share will depend on how your Will is drafted. RE WILL OF LOKE SOH LUI, DECEASED [1997] SGHC 346 Such was the...
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...
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