Investing in Singapore Property The stability of Singapore’s housing market and financial system is a reason why it is one of the world’s safest places to invest in property. But before you make the leap, it’s important to prepare yourself. First-time investors must do their research, stay within their budget, and seek the help of […]
Excelsior Hotel and Shopping Complex Up For Collective Sale at $458 Million The Excelsior Hotel and shopping complex, located at 5 Coleman Street in Singapore’s City Hall district, is up for collective sale. Over 80% of its owners have agreed to put it up for sale with a reserve price of $458 million. The property […]
Young Singaporeans Should Right-Size Their Housing Aspirations at Each Life Stage Housing is a major expense that sucks away a sizable chunk of your income, and can even have an impact on your savings potential. As a result, it’s important to plan carefully when buying a house. While we may have a tendency to look […]
Land Betterment Charge Rates For Non-Landed Residential Use Raised by 0.3% on Average In line with a slower land sales market and developers’ measured bids, the Singapore Land Authority (SLA) has finetuned LBC rates for non-landed residential use by 0.3% on average. The rates for 13 sectors were increased by a modest 2 to 5% […]
Singapore Property Market – What’s Hot and What’s Not Singapore property market is the heart of the local economy. It’s a diverse sector that includes residential, industrial, commercial, serviced apartments and hospitality. It also includes a range of real estate related financial services. Singapore’s pragmatism has allowed it to pre-empt housing booms, which would have […]
Freehold Condo Units For Under $600 Whether you’re looking for a new home, or are an investor in the market for an apartment, freehold condo units offer some of the best value on the island. But they can also be quite pricey, so it’s important to find a good deal. The key to finding the […]
Tanah Merah MRT Viaduct May Be Converted Into an Elevated Green Corridor Currently, Tanah Merah MRT station has two platforms and three train tracks. The station’s name is derived from the local Malay language meaning “red earth”. The station is also the terminus of the Changi Airport branch line, which will eventually be converted into […]
Four Junior Colleges to Be Rebuilt and Upgraded by 2025 The Government has revealed that four junior colleges are set to be rebuilt and upgraded by 2025. The first phase will begin in 2022 and involve the rebuilding of Jurong Pioneer JC, Anderson Serangoon JC and Yishun Innova JC. Jurong Pioneer JC to be built […]
Inflation in Singapore to Stay High in the Next Year Singapore’s CPI inflation rate has increased significantly since the beginning of 2022. The CPI-All Items inflation rate was 7.5% y/y in August, up from 4.0% y/y in January 2022. The measure of Core Inflation, developed by the Monetary Authority of Singapore, has also increased to […]
Singapore Shophouse Rentals Information Despite the Pandemic, property rental rates are still on the rise in Singapore, indicating that there is still strong demand. The rise in rents is driven in part by strong demand, and in part by cooling measures which are expected to be implemented in 2022. Property market recovers after Pandemic Despite […]