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Showing posts from July, 2017

Developer QC & ABSD penalty

Qualifying Certificates (QC) and Additional Buyers' Stamp Duty (ABSD) for Developers require them to sell their units within a certain period of time or face a steep penalty. Name of Development Location Total No. of units Unsold Units Takeup rate QC Deadline ABSD Deadline BEDOK RESIDENCES BEDOK NORTH DRIVE 583 46 92.11% 2017 (1st Year of Extension) N.A. THE PEAK @ CAIRNHILL II CAIRNHILL CIRCLE 60 56 6.67% 2017 (1st Year of Extension) N.A. PARC OLYMPIA FLORA DRIVE 486 58 88.07% 2017 (1st Year of Extension) N.A. A TREASURE TROVE PUNGGOL WALK 882 63 92.86% 2017 (1st Year of Extension) N.A. RV RESIDENCES RIVER VALLEY ROAD 248 79 68.15% 2017 (1st Year of Extension) N.A. LEEDON RESIDENCE LEEDON HEIGHTS 381 115 69.82% 2017 (1st Year of Extension) N.A. OUE TWIN PEAKS LEONIE HILL ROAD 462 132 71.43% 2017 (1st Year of Extension) N.A. SKY HABITAT BISHAN STREET 15 509 148 70.92% 2017 (1st Year of Extension) N.A. ...

LEARN ALL ABOUT SINGAPORE'S PRIVATE PROPERTY MARKET

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http://www.propersquare.com/articles/details/learn-all-about-singapores-private-property-market#.WWKMN4SGPIU Learn all about Singapore Properties here. With an aim to help readers understand Singapore’s property market, we’ve consolidated a comprehensive list of FAQs on Singapore Property. We narrowed down the facts that are particular to Singapore’s property market, and created this Property lesson 101 to help jump start you right in! We are sure you’ll find some interesting facts you never knew before. Without further ado, let us get up to specs on our knowledge of the private property market! :) SINGAPORE PROPERTY 101   PROPERTY DEVELOPERS We can buy property directly from developers, or 2 nd  hand through the resale market.  In 2012, 2/3 of all purchases were brought from the developers directly, and 1/3 from individual owners thru the resale market.  That also means that developers have huge control over the pricing of private housing in Sin...