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London generates $31-million dollar surplus in 2023 municipal budget

Just weeks after wrapping up difficult multi-year budget deliberations, council is receiving an financial update about how a financial windfall left over from 2023 will be redistributed.
Paul Chisholm Community Investment Reserve Fund City Services Development Charges Reserve Funds Development Charges Dcs Capital Infrastructure Gap Reserve Fund Corporate Services Committee

What does Bala's Curve tell us about property value?

Calculating leasehold property values has always been a headache, anywhere in the world. How exactly do you work out the value between a property with 60 years lease remaining, versus one with 50 years left? To make life a bit easier (and fairer) in Singapore, organisations like the Singapore Land Authority (SLA) use a leasehold value table, based on an...
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Is it worth buying a property before it goes en-bloc? Here's what past data suggests

126 Special shoutout to the Sun Rosier deal as the owner made 101per cent even after factoring the SSD in 6 months. As you can see, it’s possible to profit off an en-bloc sale, even taking into account the SSD. This was why, in 2017 or prior, it wasn’t uncommon for investors to show interest even in very old properties (or sometimes, interest because the property was old). However, we should note that 2017 was an exceptional year, and there have been many changes since In 2017, local and fo...
Singapore General Sembawang Hills Estate Pearl Bank Apartment Development Charges Dcs Tampines Court Seller Stamp Duty

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