Latest

Sale of balance flat in February 2025

In February 2025, HDB will launch its largest Sale of Balance Flats (SBF) exercise with more than 5,500 units. About 40% are completed units, the rest will be finished from 2025-2028. SBF units are spread across various towns and will be part of a larger launch totaling over 10,000 new flats.
11 views

What is the best new launch with 2 bedrooms and 2 bathrooms

Best new launches for 2-bedroom, 2-bathroom properties: - **22 Marina View (District 1)**: 683 units, completes 2027. - **10 & 12 Clementi Ave 1 (District 5)**: 501 units, completes 2028. - **18 Lentor Central (District 26)**: 477 units, completes 2028. - **AMBER GARDENS (District 15)**: 132 units, completes 2026.
9 views

What is the ABSD for industrial and commercial properties

ABSD is not typically applicable to industrial and commercial properties unless they include residential components. SSD applies to industrial properties based on zoning and permitted use. Properties zoned Business 1 (B1) and Business 2 (B2) are fully considered industrial, whereas Business Park (BP) zones are 85% industrial.
55 views

Is a 2-storey 30-year-old freehold terrace on 1775 sqft land on Carpmael Road worth 3.9 million

A 2-storey, 30-year-old freehold terrace on 1775 sqft of land on Carpmael Road priced at $3.9 million seems reasonable. Recent transactions show similar properties on Carpmael Road selling for $3.6 to $3.8 million, translating to about $2,026 to $2,162 PSF. Conditions and specific features will affect the final valuation.
2 people
14 views

How to avoid SSD

SSD can be avoided if you fall under exemptions such as licensed housing developers, public authorities, government acquisition, bankruptcy, involuntary company winding-up, certain foreigners, SERS, or inheriting and needing to dispose of an HDB flat.
17 people
6 views

Does a foreigner buying an apartment need to pay tax

Foreigners buying an apartment in Singapore must pay Buyer's Stamp Duty (BSD) and an Additional Buyer's Stamp Duty (ABSD) of 60% on the purchase price or market value, whichever is higher.
8 views

Does Tampines have the most million-dollar flat transactions

Tampines has seen a significant increase in million-dollar HDB resale flat transactions, with 21 units sold in 2024, up 950% from the previous year. However, the top areas for million-dollar HDB transactions in 2024 were Kallang/Whampoa, Toa Payoh, and Bukit Merah.
21 views

Which types of property can foreigners buy

Foreigners can buy private condos, private ECs over 10 years old, landed properties in Sentosa Cove, and landed properties elsewhere with special SLA approval.
11 people
6 views

What is the best property to buy with a monthly salary of $5000

With a monthly salary of $5,000, you should aim for properties priced around $500,000 to $700,000. Consider HDB flats or smaller condominiums. Your total debt repayments, including the mortgage, should not exceed $3,000 per month. A 30-year loan might be more manageable in terms of monthly repayments.
3 people
28 views

What is the best property to buy now

The Singapore residential property market in 2025 is expected to see modest growth driven by local demand, government policies, and foreign investment. CCR properties are high-end; RCR offers a balance of price and amenities; OCR is budget-friendly. New launches will have modern amenities. Consider sustainability, rental yields, and tools like EdgeProp for decision-making.
12 views