April 2022

Investment home owners must know this before renting their properties

From 2023, investment home owners must pay higher taxes. Singapore property tax for non-owner-occupied properties, including tenanted or investment properties, will be raised across the board from 10 to 20 per cent to 11 to 27 per cent. Taxes will be hiked further to 12 to 36 per cent in 2024. But despite this, many […]

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Understanding property agent’s conflict of interests

When we engage a property agent to help us buy, sell or rent a property, we would expect them to offer independent and unbiased advice. However, there may be instances when a property agent’s personal or professional interests compete with, or are different from ours as clients. Under the Council for Estate Agencies’ (CEA) guidelines,...

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Landlord allegedly punched tenant, forced him out after five days

Nightmare landlords are not something entirely new, especially when renting in Singapore, where the law generally favours landlords over tenants. However, all other nightmare landlords pale in comparison to this particular one, as attested by her unfortunate tenant, Mr Terrance Tham. He took to Facebook on 7 April in a desperate plea for help. His...

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Property Tax – When is it due, how it is calculated and how to pay?

Property Tax is a tax on property ownership and applies whether the property is rented out, owner-occupied or vacant The privilege of owning property comes with the need to pay tax on that property annually. Property Tax is a tax on property ownership and applies whether the property is rented out, owner-occupied or vacant. Even […]

The post Property Tax – When is it due, how it is calculated and how to pay? appeared first on iCompareLoan.

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