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What are the current ABSD rates

The ABSD rates for residential properties are as follows: **Singapore Citizens** \- 1st Property Purchase: 0% \- 2nd Property Purchase: 20% \- 3rd and subsequent Property Purchase: 30% **Singapore Permanent Resident** \- 1st Property Purchase: 5% \- 2nd Property Purchase: 30% \- 3rd and subsequent Property Purchase: 35% **Foreigners:** \- Any property purchase: 60% **Entities (Excl. Developers):** \- Any Property Purchase: 65% Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens: 1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland 2. Nationals of the United States of America These groups of people will not be considered as foreigners. If a property is purchased by buyers of different profiles (e.g. one Singapore Citizen and one foreigner, or first-time property owner and 2nd property owner), then the ABSD will be calculated based on the buyer profile with the highest ABSD rate. You can calculate your payments with EdgeProp's: stamp duty calculator.
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What rate would a good rental yield be at

A good rental yield for private residential properties in Singapore generally ranges from 2-4%. Factors influencing this include the property's location, age, and market conditions. Higher yields might be seen in specific segments like Core CBD Grade-A office spaces.
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Can my widowed 63-year-old unemployed mum sell her 4-room resale flat and buy a 3-room BTO

Yes, your widowed 63-year-old unemployed mum can sell her 4-room resale flat and buy a 3-room BTO under the Assistance Scheme for Second-Timers (Divorced/Widowed Parents) (ASSIST), provided she has at least one child below 18 at the BTO application and hasn't owned/disposed of property after her spouse's demise.
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When must sellers pay for resale levy

Sellers must pay the resale levy when selling their subsidized flat and buying a second subsidized flat from HDB. For more details, see section Unit 4.9.
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What are the advantages of longer hallway in a condo apartment

Long hallways in Singapore condos can be beneficial by serving multiple purposes such as incorporating seating and storage, enhancing aesthetics with art, and utilizing ambient lighting for a cozy atmosphere. They offer quiet zones, hidden storage, and can function as art galleries or utility spaces.
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What are the advantages of longer hallway in a condo

Long condo hallways in Singapore can offer advantages like multi-purpose spaces, art and decoration opportunities, additional storage and utility, enhanced ambiance and lighting, and functional zones. These features can turn potential wasted space into valuable and functional areas.
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How do we value hotels in South Korea

To value hotels in South Korea: 1. Income Approach: Estimate based on income potential using net operating income divided by a capitalization rate. 2. Sensitivity Analyses: Analyze the impact of changes in occupancy rates, average daily rates, and expenses. 3. Market Comparison: Use metrics like value per available room. 4. Factors Influencing Value: Consider number of rooms, property age, and market conditions.
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If I can afford to pay a mortgage of RM1500 per month, what property would you recommend

If you can afford a mortgage of SGD 1,500 per month, use tools like EdgeProp's Affordability and Mortgage Calculators to determine your borrowing capacity and suitable property price range. For example, properties priced around SGD 400,000 to SGD 600,000 might be feasible.
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What should a foreigner know when buying property in Malaysia

Foreigners buying property in Malaysia should know about currency exchange impacts, payment stages, taxation (stamp duty, capital gains tax), additional costs (management fees, insurance), legal advice (representation), estate agent roles, building approvals, property details (tenure, area, amenities), foreign ownership restrictions (property types, resale rules), and financing rules (loan restrictions, TDSR).
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What are the disadvantages of buying a residential property under a company name

Disadvantages of buying a residential property under a company name include potential association with negative news or crime, use of false or unknown addresses, lack of concern for property value, purchasing without inspection, rapid/indiscriminate acquisition, queries about AML/CFT requirements, use of shell companies, mismatched business activities, avoidance of marketing agents/solicitors, and concealment of beneficial owners.
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