December 2023

Opus Bay: Opportunity Beckons

Successful Singapore-based real estate agent CS Tee explains the terrific potential for buyers and agents alike to reap substantial benefit from this exciting new development in Batam. In real estate, the chance to market or purchase a truly exceptional property comes along very rarely. The savvy professional or investor possesses the vision to identify these…

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Gov introduces one-off property tax rebate for homeowners (Impact on HDB flats, private properties, investors, landlords & homebuyers)

As we approach the dawn of 2024, homeowners are bracing themselves for an impending change in their financial landscape. The spotlight falls on the property tax domain, where a confluence of factors is set to bring forth adjustments. However, in a move to soften the impact of these changes, the government has introduced a one-off…

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Singapore’s new pilot for ‘long-stay’ serviced apartments

In a significant move to address the increasing rental demand, the Singapore government has announced the launch of a new category of serviced apartments. These apartments, featuring a minimum three-month stay requirement, represent a shift from traditional short-term accommodations. Minister for National Development Desmond Lee unveiled this initiative, highlighting its potential to better meet the…

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Transition of SIBOR Loans to SORA: Switch by 30 April 2024

If you have a housing loan in Singapore, chances are that you would have heard the terms SIBOR (Singapore Interbank Offered Rate) and SORA (Singapore Overnight Rate Average). The former is set to be discontinued after 31 December 2024. In fact, banks have not been issuing new SIBOR-pegged loans since October 2021. With SIBOR set…

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City Vue @ Henderson sells for S$1.46M, second highest HDB transaction in Bukit Merah

Image credit: Google Maps Barely a week has passed since we reported the noteworthy second million-dollar transaction in Ang Mo Kio, and here we are again, in the midst of yet another substantial sale – a S$1.46 million transaction that has secured its place as the second highest HDB transaction in Bukit Merah. City Vue…

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SRI Announces the Appointment of Thomas Tan as CEO

SRI Pte Ltd, one of the top 5 real estate agencies in Singapore, has announced the appointment of Mr. Thomas Tan as their new Chief Executive Officer (CEO), effective 1st of December 2023. This strategic move underscores the company’s commitment to further propel its position in the industry through training, leadership & innovation. Mr. Thomas…

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