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It is December now and as a homeowner, you will receive the Singapore property tax bill very soon. How much do you know about the property tax you have been paying every year? On the other hand, if you are a prospective homeowner and will be purchasing a property in the near future, this article
It is understandable that at times, one might actually be unsure of the terms ‘OCR’, ‘RCR’, ‘CCR’ or even wonder what the district numbers (e.g. District 9, 10, 11) actually mean. These terms can be found everywhere, be it in newspaper articles, property reports, websites or even in daily conversations. Perhaps you might be clueless
The year of 2017 has presented itself as an interesting year for the Singapore real estate market; full of developments that have shaped a rather rapid recovery across various sectors. One of the most prominent developments can be said to be changes in the cooling measures in March 2017 that has seemingly been relaxed. Other
Although wills are one of the few important estate planning tools, it alone may not be sufficient in addressing your needs or in protecting your assets and wealth. As such, the use of trusts is sometimes considered by individuals, in addition to having a will. A good understanding of the various estate planning tools that
Are you considering purchasing a property for your child who does not have the legal capacity (i.e. below 21 years old) to own a property in his/ her own name? Are you having concerns about the succession of your assets? Or are you contemplating setting up a fund to care for kin with disabilities, but
The concept of a penthouse apartment originated from The Roaring Twenties in the 1920s, when North America, Western Europe and other developed nations experienced strong economic growth and construction boom. This widespread affluence and increased demand for living in the city have given rise to luxury developments on the top floor(s) of buildings – referred
Perhaps you might have heard of the term ‘GCBs’, but you merely brushed it off as just another type of property. However, you must know this – GCBs, or Good Class Bungalows, is the most prestigious segment of landed property in Singapore. These are houses for the ultra-rich; the ones who can afford to spend
Singapore has just retained, for better or worse, its title of the World’s Most Expensive City for Expats for 4 consecutive years by the EIU (Economic Intelligence Unit) in 2017. However, the high costs can be said to be, in a way, justifiable. The high standards of living which permeate through everyday life in Singapore
For many of us, the word “auction” brings up imagery of a tense yet exciting environment where an auctioneer takes the lead in accepting bids and declaring goods sold. Or maybe when “auction” comes to mind, you think of art auctions where you can buy and sell contemporary and modern art. On a monthly basis,
Just like any young couples would as they begin their next chapter of life, you ballot for a BTO and, after 4 years of wait, move happily into your first matrimonial home. Over the years, you start a new family and draw greater income as you progress up the career ladder at work. As the fifth year of your HDB’s