May 2022

Celebrity surgeon and NFT collector furious after Bel-Air mansion auctioned off at nearly half his US$88m asking price

Now here’s one property client you don’t want to mess with… A furious Dr. Alex Khadavi, a 49-year-old celebrity plastic surgeon and dermatologist (who counted Khloe Kardashian, David Hasselhoff and Lance Bass as clients), made headlines this week after his Bel-Air mansion in Hollywood drew a top auction offer of “only” US$45.8 million against his...

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Lentor Central, Lentor Gardens and Lentor Hills Road (Parcel B) released in 1H2022 GLS land sale

Three residential sites at Lentor – Lentor Central, Lentor Gardens and Lentor Hills Road (Parcel B) – have been released for application today by the Urban Redevelopment Authority (URA).  The three sites are part of the Government Land Sales (GLS) Programme for the first half of 2022 (1H2022).   Location Lentor Central Lentor Gardens Lentor Hills Road (Parcel...

The post Lentor Central, Lentor Gardens and Lentor Hills Road (Parcel B) released in 1H2022 GLS land sale appeared first on 99.co.

S$6.84b property stamp duty collected in 2021 amid red hot property market

Given the red hot property market last year, S$6.84 billion in property stamp duty was collected in 2021. This is more than twice the stamp duty collected in 2020, and 67.7% higher than what was collected pre-pandemic in 2019. According to the Department of Statistics, S$3.29 billion of stamp duty was collected in 2020, while...

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