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What are the non-owner-occupied property tax rates for residential properties
Non-owner-occupied residential property tax rates for 2024:
- First $30,000: 12%
- Next $15,000: 20%
- Next $15,000: 28%
- Above $60,000: 36%
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For HDB resale transactions, is the loan tenor affected by the age and remaining lease of the property?
The loan tenor is capped by the shortest of 25 years, 65 years minus the buyers' average age, or the remaining lease of the flat minus 20 years, with both buyers' age and property's remaining lease being key factors.
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What are the new developments in the Bugis area?
The Bugis area is undergoing significant transformation with major developments:
1. Guoco Midtown: A 950,600 sq ft mixed-use development with Grade A offices, plazas, gardens, and vertical greenery, connected to Bugis MRT.
2. Shaw Tower: Redevelopment with 435,000 sq ft of Grade A office space and retail, completing by 2025.
3. Golden Mile Complex: Conserved Brutalist building to be redeveloped into a mixed-use space.
4. The M: Premium mixed-use development with 522 residential and commercial units, recently obtained TOP in 2023.
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Can you provide a list of industrial buildings with their total gross floor area
80 Bendemeer Road: Gross floor area over 400,000 sq ft.
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How do I check the total number of HDB units in Queenstown
To check the total number of HDB units in Queenstown, refer to individual block information available on EdgeProp Singapore and sum up the unit counts from each block. EdgeProp provides details such as the number of units by room type for different developments.
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How do I know if I can afford a property in Singapore
Use EdgeProp's affordability calculator to check if you can afford a property in Singapore.
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How do I list a property in Singapore
To list a property in Singapore on EdgeProp:
1) Visit EdgeProp's listings page.
2) Login/Register with an Agent account (only Agents can list).
3) Click "Add New Listing" at the top right.
4) After creating, search for your listing on their property search page.
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I am interested in buying a freehold landed property at a steal for A&A or rebuilding—how should I proceed
Verify if you need approval to purchase (foreigners may require Minister for Law approval). Gather essential documents like a valuation report, construction costs breakdown, original payment receipts, financier's Letter of Offer, and URA's written permission for reconstruction.
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How can I check unprofitable transactions in different projects
To check for unprofitable transactions in various property projects in Singapore, use EdgeProp Singapore's tools and data:
- Search transaction history and filter for losses.
- Explore featured analyses identifying projects with unprofitable transactions.
- Review project-specific transaction tables detailing losses.
- Check area-focused breakdowns of unprofitable transactions in specific districts.
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If I refinance my property, is the legal fee payable by cash or CPF
When refinancing a property in Singapore, legal fees can be paid using either cash or your CPF Ordinary Account (OA), depending on bank policies and law firm's arrangements. Most cases allow full payment through CPF OA. Some banks may provide subsidies for legal fees.
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