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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 - Vimarsana News

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...

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

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...

Chuan Park en bloc saga: 4 key lessons to learn for future en bloc hopefuls - Vimarsana News

Chuan Park en bloc saga: 4 key lessons to learn for future en bloc hopefuls

The collective sale of Chuan Park may be the biggest en-bloc deal since Tulip Garden, back in 2019. Despite the final offer being under the reserve price, it seemed things were about to go smoothly; but now, a group of owners has filed objections with the Strata Titles Board (STB) over a failure to disclose material facts. Here are a...

Town to share trail system costs in Southampton Landing - Vimarsana News

Town to share trail system costs in Southampton Landing

The Town will use Development Charge funds to pay its $93,000 share of an integrated trail and park system within the Southampton Landing subdivision on…

Africa tax in brief - Vimarsana News

Africa tax in brief

On 5 February 2022, Cabo Verde deposited its instrument of ratification for the African Continental Free Trade Area Agreement (AfCFTA), becoming the…