URA has announced on Monday 11 October that it has awarded two government land sales (GLS) sites at Slim Barracks Rise (Parcels A and B). Both are residential sites with commercial on the first storey. Parcel A was awarded to EL Development, while Parcel B was awarded to Gao Xiuhua, who is one of the...
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When 33-year-old Singaporean “Nellie” and his partner decided to settle down and jointly buy a new home together, he knew it would propel their relationship to the next phase of their lives. However, the circumstances he was in didn’t seem helpful at first. After working for 17 years in the maritime industry (his partner worked...
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When 33-year-old Singaporean “Nellie” and his partner decided to settle down and jointly buy a new home together, he knew it would propel their relationship to the next phase of their lives. However, the circumstances he was in didn’t seem helpful at first. After working for 17 years in the maritime industry (his partner worked...
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In the real estate scene in Singapore, TOP is usually used to refer to the date that you can move into a newly-completed development. More specifically, a Temporary Occupation Permit (TOP) is a permit that allows homeowners to occupy the building temporarily when the key requirements are met. This is because it may take some...
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Stamp duty – it’s one of the many additional but often-overlooked costs associated with buying property. Stamp duty refers to the tax relating to the purchase or lease of a property. In Singapore, it is payable to the Inland Revenue Authority of Singapore (IRAS). Since 2018, stamp duty has been used as one of many...
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Due to construction delays, the government announced in July that you can now appeal for BTO cancellation without incurring penalties. HDB will then assess your situation before waiving the forfeitures. Applicable situations include having to buy a resale flat due to urgent housing needs (e.g. due to a baby on the way). Typically, there are...
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