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How to choose a shophouse for investment, according to an agent

In the latest round of cooling measures announced last month, we saw the Additional Buyer’s Stamp Duty (ABSD) rates increased to curb investment demand for residential properties. For Singaporeans and PRs owning a second home, the ABSD rate has been increased to 20% and 30%, respectively. The hike is the steepest for foreigners, as the…

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32 condo units sold at a loss in April 2023, the biggest at S$4.65m

With home prices at an all-time high, it can seem like a good time to sell your property. Because there’s a higher likelihood of getting some capital gains.  Earlier this week, 99.co did an article covering condo resale transactions in April 2023 that made a gain of at least 200%. Today, we’re focusing on…

The post 32 condo units sold at a loss in April 2023, the biggest at S$4.65m appeared first on .

New project with most returned units. The winner is …

Lately, there were media reports every other week on a new condo launched with a bang. On the other hand, a check on URA monthly data on sales by developers also reveals the fact that the number of returned units from buyers is on the rise. What are returned units to developers? Returned units are... [read more]

The post New project with most returned units. The winner is … appeared first on Property Soul.

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