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3 recent rule changes to floor area, land betterment and remnant land that will likely affect future property prices and en bloc sales

Over the past few weeks, several developments have taken place that many analysts predict will impact future property prices. If you're a homeowner planning to buy or upgrade to a new property beyond the middle of next year, you might want to take note of these changes. In early September, the Urban Redevelopment Authority (URA) released a circular to harmonise...
Singapore Civil Defence Force Redevelopment Authority Singapore Land Authority Construction Authority Development Levy Development Charge

Property prices may get even more expensive in 2023: Why new land betterment charge rates will affect prices

When it comes to new launch prices, most Singaporeans are quick to pick up on the most obvious factors like land scarcity, agent commissions, or developer stamp duties. However, one factor that often slips under the radar – and that many Singaporeans have never even heard of – is the development charge, or DC, but now newly known as Land...
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Budget 2022: A brief summary, highlights and key statistics

Singapore has had a tough two years due to the global pandemic. The economy went into a recession, people lost their jobs and now, we are in the process of recovering from the financial impact of Covid-19. Which is why Feb 18, 2022 is such an important day. Will the GST Hike still happen as per scheduled? Will there be...
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