How does the ABSD affect home purchases by SC/PR or SC/Foreigner buyers?

Buying property can be daunting and complicated, especially if it’s your first time. On the finances side, it’s not just the home loan that you need to take note of. There are also other (often hidden) things to take into account, such as the stamp duty and property tax. For Singaporeans, if it’s their first...

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Development Charge (DC) average rate for landed residential sector rose 4.8% after previous 6.3% increase

The Ministry of National Development (MND) has released its half-yearly revision to the Development Charge (DC) rates across multiple property groups. Imposed on property developers, Development Charges are revised every six months and apply on a per square metres basis based on geographical sector and property group type. Based on MND’s and URA’s release, there...

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