January 17, 2022

With the introduction of cooling measures and social distancing restrictions on year-end festivities, December 2021’s developer sales (excluding Executive Condominiums, or ECs) declined 58% month-on-month to 650 units. On a year-on-year basis, developer sales were also down 46.6%, which is about half of December 2020’s volume (1,217 units). At that time, sales were then boosted...

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Some people purchase properties to live in, while others buy them as investment pieces. For the latter, they usually have to contend with taxes and duties such as Additional Buyer’s Stamp Duty (ABSD).  Mid-December 2021, the government announced a slew of cooling measures intended to dampen the exuberance in the property market.  Measures include ABSD increases...

The post Buying properties in trust – What does it mean for property owners with children in light of the cooling measures? appeared first on 99.co.

Auction listings being likely to increase, GCB sales volume to ease with prices remaining firm, and more. Here are the news highlights for what happened in the Singapore property market from 11 Jan to 17 Jan 2022.