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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The new Shaw Tower has started construction, set to TOP in 2025

Construction has started for the new Shaw Tower, which will be redeveloped into a 200-metre mixed-use tower. Once a landmark of Beach Road with its iconic Brutalist architectural style and waffle-like facade, the old tower was demolished in 2020 to make way for the redevelopment as the Bugis area undergoes rejuvenation. According to a media...

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Government panel on “neighbourhood noise” to develop set of norms for residents

On April 29, 2022, the Municipal Services Office (MSO) and Ministry of Culture, Community and Youth (MCCY) met to form a Community Advisory Panel (CAP) on a very interesting problem. The agenda? To develop a set of community norms that will address the issue of “neighbourhood noise”. Neighbourhood noise in this case means noise from...

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