Private residential units sales increased January 2021 vs December 2020. Urban Redevelopment Authority (URA) on Monday (Feb 15), a total of 1,609 private residential units were sold in January, compared with 1,217 in December 2020. A total of 2,600 private residential units were launched in January. The Rest of Central Region (RCR) led new home…
Author Archives: admin
What are CCR, RCR and OCR? Broadly, the Urban Redevelopment Authority (URA) has divided Singapore into three main regions, which the URA calls “market segments”. These regions are the Core Central Region (CCR), Rest of Central Region (RCR), and the Outside Central Region (OCR). Singapore regions Postal districts it covers Core Central Region (CCR) 9,…
Private New Home Vs Private Resale Non-Landed Performance for 2019 vs 2020.
Tag: Private New Home and Resale,
View: 741
Private New Home Property Volume vs Value for 2019 and 2020. Private Resale Non-Landed (Include EC) Transaction Volume Transaction Value ($Bn) 2019 9,375 $13.5 Billion 2020 * 10,093 $14.6 Billion Private Resale Property Volume vs Value for 2019 and 2020. Private Resale Non-Landed (Include EC) Transaction Volume Transaction Value ($Bn) 2019 8,328 $14.9 Billion 2020…
If I own a bungalow house is redeveloped into 2 semi-D, Do I need to pay ABSD for the additional unit after it is developed?
Tag: Landed,
View: 3631
A bungalow to redevelop into a pair of Semi-Detached (Semi-D): Question: Being the Owner am I accounted as a developer? Answer: No. A developer license applies to only 4 units and above. so you are not accounted as a developer. For this case, you build with your plot ratio and no Development charge. If you…
CPF Usage for Lesser balance Lease Tenure. Make Sure the Youngest Buyer can Stay up to 95 Years old in the property.
Tag: CPF,
View: 4081
Things to Take Note when buying lesser balance lease tenure Properties. Buying a private property from 10 May 2019 whereby if the remaining lease of the property does not allow the youngest to stay until age 95, the amount of CPF that can be used will be pro-rated. Some home buyers may overlook and only…
My CPF Ordinary Account (OA) Savings Can I use to Pay for Property?
Tag: CPF,
View: 1244
CPF can I use to Pay for Property? What else can I pay using CPF other than the Downpayment for property? Generally, CPF OA savings CAN be used for a. Payment of purchase price or downpayment of the property. (If you get Maximium loan of 75%, you can use 20% To pay part of the…
Replacement Tenant during the lease term. Break Lease. I am a Landlord and my tenant wants to break the lease early. We have a Legal Binding Contract with the Stamp Duties done. What Should I do? What are the things to look out for and Right Procedures? Proper Documentation/Process between Tenant and Landlord. Novation Agreement…
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