by George Goh | Aug 14, 2022 | Investments
The Straits Times, 19 June 2022, Sun 5:00 AM By Tan Ooi Boon SINGAPORE – Impose a tax and it’s pretty certain someone will devise a loophole, as is happening here, with crafty investors avoiding an anti-property speculation levy by allowing one buyer to...
by George Goh | Aug 14, 2022 | Commercial, Investments
The Straits Times, 16 June 2022, Thurs 7:01 PM By Isabelle Liew SINGAPORE – A coffee shop in Tampines changed hands for a record $41.68 million, and some tenants are thinking about terminating their agreements following a surge in rent. A firm called G&G...
by George Goh | Aug 14, 2022 | Private Property
The Straits Times, 14 June 2022, Tues 11:58 AM By Isabelle Liew SINGAPORE – Prices of resale condominium units edged up for the 22nd straight month in May, with transactions rising as buying sentiment improved despite property cooling measures. In May,...
by George Goh | Aug 14, 2022 | Economic Growth
The Straits Times, 8 June 2022, Thurs 6:25 PM By Choo Yun Ting SINGAPORE – Private-sector analysts have shaved their growth forecast for 2022, with the sharper-than-expected rise in inflation and slower economic activity in China among the downside risks for...
by George Goh | Aug 14, 2022 | Government Announcements
Today, 7 June 2022, Tues By Daryl Choo SINGAPORE — Some residents living near a proposed “Long Island” reclamation site along the south-eastern coast of Singapore are hoping that the charm and tranquillity of the East Coast area would be retained if the...
by George Goh | Jun 5, 2022 | Government Announcements, Investments
Singapore slaps 35% ABSD on residential property transfers into living trust, closing loophole The Business Times, 9 May 2022, Mon 6:42 am By Sharanya Pillai AN ADDITIONAL Buyer’s Stamp Duty (ABSD) of 35 per cent will be imposed on any transfer of residential property...
by George Goh | Jun 5, 2022 | Investments
How well do Singapore homes really hedge against inflation? The Business Times, 7 May 2022, Sat 10:07 am By Fiona Lam ALTHOUGH residential properties in Singapore may potentially serve as an inflation hedge in the long run – that is, over at least a decade – investors...
by George Goh | Jun 5, 2022 | Investments
Banks in S’pore raise fixed-rate mortgage loans; Sora-pegged loans still relatively cheaper The Straits Times, 6 May 2022, Fri 9:28 pm By Chor Khieng Yuit Home owners will have to fork out more for their fixed-rate mortgage payments after some banks...
by George Goh | Jun 5, 2022 | HDB
HDB resale prices continue upward trend in April as sales volumes flatten: SRX, 99.co The Business Times, 5 May 2022, Thu 9:22 pm By Vivienne Tay RESALE prices of Housing and Development Board (HDB) flats continued to rise for the 22nd straight month in April,...
by George Goh | Jun 5, 2022 | Private Property
Singapore landed homes see fastest price appreciation in a decade in 2021: ERA The Business Times, 4 May 2022, Wed 6:23 pm By Corinne Kerk LANDED residential property prices in Singapore appreciated at the fastest pace in the past 10 years in 2021, surging 13.3 per...