Latest

What is the maximum loan tenure for a couple aged 35 and 40 years old looking to buy a condo

The maximum loan tenure for a couple aged 35 and 40 years old looking to buy a condo is 35 years.
24 views

What is the ABSD rate

The ABSD rates for residential properties are: - Singapore Citizens: 0% (1st), 20% (2nd), 30% (3rd+) - Singapore PRs: 5% (1st), 30% (2nd), 35% (3rd+) - Foreigners: 60% - Entities (excl. developers): 65% - Nationals/PRs of certain countries receive the same treatment as Singapore Citizens. Highest ABSD rate applies if buyers have different profiles.
3 people
43 views

What is the current ABSD

The ABSD rates are: **Singapore Citizens** - 1st Property: 0% - 2nd Property: 20% - 3rd+ Property: 30% **Singapore PR** - 1st Property: 5% - 2nd Property: 30% - 3rd+ Property: 35% **Foreigners** - Any Property: 60% **Entities (Excl. Developers)** - Any Property: 65% Nationals/PRs of Iceland, Liechtenstein, Norway, Switzerland, and USA treated as Singapore Citizens. Mixed buyer profiles use the highest ABSD rate.
44 views

How to create a listing on EdgeProp

To create a listing on EdgeProp: login or register with an Agent account, click "Add New Listing" at the top right, and search for your listing using the provided URLs for rent or sale. Only agents can create listings.
7 people
26 views

What is the meaning of will

A will provides for the administration and distribution of a person's estate when they die.
13 views

How much does a decouple cost for a private residential unit, assuming manner of holding is joint tenancy, no SSD, and house is valued at $1,100,000

Decoupling a private residential unit in Singapore valued at $1,100,000 includes costs such as Buyer's Stamp Duty (BSD: approx. $13,600), cash down payment ($27,500), remaining down payment ($110,000 via CPF or cash), and potentially additional loan requirements. Legal fees may also apply.
23 views

Why does the URA transaction indicate the condo name as a residential apartment

URA transaction lists the condo name as a residential apartment because, from 3 April 2012, URA only approves residential developments with purely apartment units meeting condominium guidelines as condos. Mixed strata landed and apartment units developments no longer get condo status.
17 views

If a buyer is using a bank loan for his HDB purchase, do we need to submit the OTP to the appointed lawyer

When purchasing an HDB resale flat using a bank loan, you do not need to submit the OTP to a lawyer for issuance, but it is recommended to engage a conveyancing lawyer to manage the transaction, review OTP terms, lodge a caveat, manage payments, and handle legal documentation.
28 views

Can a 54-year-old buyer purchase an HDB with a remaining lease of 42 years and use CPF fully

A 54-year-old buyer cannot use CPF fully to purchase an HDB flat with a remaining lease of 42 years. The remaining lease must cover the youngest buyer until at least age 95 for full CPF usage; here, the lease will be pro-rated as it covers the buyer until age 96.
42 views

What are the steps to post a room?

Owners must register subletting with HDB through My HDBPage.
10 views