New private home sales declined 58% month-on-month after December 16 cooling measure

With the introduction of cooling measures and social distancing restrictions on year-end festivities, December 2021’s developer sales (excluding Executive Condominiums, or ECs) declined 58% month-on-month to 650 units. On a year-on-year basis, developer sales were also down 46.6%, which is about half of December 2020’s volume (1,217 units). At that time, sales were then boosted...

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Buying properties in trust – What does it mean for property owners with children in light of the cooling measures?

Some people purchase properties to live in, while others buy them as investment pieces. For the latter, they usually have to contend with taxes and duties such as Additional Buyer’s Stamp Duty (ABSD).  Mid-December 2021, the government announced a slew of cooling measures intended to dampen the exuberance in the property market.  Measures include ABSD increases...

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Do you need to make any major changes to your property’s feng shui in 2022?

60s quick read: It is not really necessary to do anything specific for feng shui in the year 2022. Practicality comes first. Feng shui is also not about furniture placement or ‘auspicious’ items. There is a proper, structured way of applying feng shui. In general, it is more important to take a macro view of...

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Comment on More people were unable to fully return their CPF monies after selling their house by Henry Lim

Those who are against accrued interest on amount taken out of CPF must understand that the primary purpose of CPF is for retirement. The accrued interest is amount that your CPF would have grown to had you not used your CPF housing. CPF gave the concession to use CPF for housing but it must not deplete the amount of CPF for retirement. If you have met the retirement sum, there is no need to return the accrued if you are age 55 and above. If you are against accrued interest, then don't ever use CPF for housing. I suggest the whole proceed (in proportion to used) from sale of flat be returned to CPF and forget the idea of accrued interest in this way, just like when you use CPF money to buy share.

Fragrance Group boss bought a bungalow in Caldecott Hill GCB area for S$981 psf 

Fragrance Group boss James Koh has bought a bungalow in the Caldecott Hill Good Class Bungalow (GCB) area for S$24.8 million. Located along Lornie Road, the freehold land area spans 25,271 sq ft. This translates to a price psf of S$981. The Business Times quoted SRI co-founder Bruce Lye, who brokered the deal, that it...

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A 21st Century Vision for Holland Village

Listed by the URA as one of Singapore’s characterful Identity Nodes — areas with unique identities worthy of preservation — unlike so much of this city-state, Holland Village wasn’t carefully and strategically planned. Instead, its charm lies in the fact that it organically developed over the last 90 years. Shops and housing first sprang up...

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Launched her real estate career at 21 – Beatrice is now a Top Achiever at ERA

When Beatrice first started as a real estate agent, she would go door-knocking from 7 pm to 10 pm, only to be met with doors slamming. Despite facing countless rejections, she did not let failure hold her back. Beatrice knew the potential in real estate and went on to pursue and eventually attained her RES...

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