The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both sites were previously under the Reserve List for the H2 2021 Government Land Sales (GLS), before...
The post Pine Grove and Dunman Road GLS sites: Analysing both condo sites appeared first on 99.co.
Most of us know that our annual property tax is calculated based on its estimated gross annual rent (assuming that the property’s rented out to say, a ‘hypothetical tenant’). This projected rental income (excluding the cost of furnishings, furniture and maintenance fees) is based on property and room types, which will then be used to...
The post Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor appeared first on 99.co.
There are two main types of corporate financing available for most companies: debt financing and equity financing.
The post Corporate financing – borrow when you don’t need the money appeared first on iCompareLoan.
In Singapore’s rapidly evolving business landscape, industries need to constantly innovate in order to keep up and stay relevant. A company’s core business may no longer be sufficient to sustain a healthy profit margin, and telco companies are no exception. This one conglomerate is branching out to expand its operations to provide more than just...
The post Is Singtel’s Comcentre redevelopment similar to what McDonald’s did in the US? appeared first on 99.co.
A massive land plot at 5 Oxley Rise is up for sale by public tender. According to CBRE, the marketing agent for the sale, the plot is one of the last remaining freehold residential landed sites within District 9. 5 Oxley Rise is located on a hilltop and comprises two land plots of approximately 151,205...
The post Rare 151,205 sq ft site at Oxley Rise in District 9 for sale appeared first on 99.co.
Once in a while, 99.co picks a piece of property jargon to explain it. Today we look at the notorious ABSD, which is a stamp duty (tax) on your house. Additional Buyer’s Stamp Duty (ABSD) The most notorious of the cooling measures, the Additional Buyer’s Stamp Duty (ABSD) is a stamp duty paid on your...
The post Additional Buyer’s Stamp Duty (ABSD) in Singapore, explained (2022) appeared first on 99.co.
As the Chinese New Year lull period has passed, developer sales (excluding Executive Condominiums) have increased by 20.7% last month. According to URA’s sales data, 654 new private homes were sold in March, compared to 542 units sold in February. Nevertheless, new sales excluding ECs declined by 49.5% year-on-year, according to Christine Sun, Senior Vice...
The post New private home sales up by 20.7% in March 2022 appeared first on 99.co.