Property

Nine new precincts will be participating in the Urban Redevelopment Authority’s (URA) pilot Business Improvement District (BID) programme to drive place management of their precincts. Announced at the annual Place Management Seminar organised by the URA, Minister for National Development and Second Minister for Finance Lawrence Wong stated that with more active participation by stakeholders, the public can look forward …

I watched a recent Hong Kong TV programme about buying properties in Malaysia’s Penang. It was a big surprise to see real estate in Penang being positioned as investment properties. To Hong Kong people, Penang is a beach holiday destination in Southeast Asia similar to resort places like Phuket or Bali. Foreigners go there to buy their holiday or retirement …

by PropertyAsiaDirect Do you own your HDB flat or are you merely a lessee? This has resurfaced as a hot button topic in recent weeks. Here is a summary of the main arguments to each camp, with some counter-arguments. Why HDB Flat Buyers are OWNERS HDB flat buyers have the right to sell, rent and renovate their flats, within HDB …

Malaysia leader Mahathir Mohamad organized a five-day official visit to China. Besides asking China to withhold two major Chinese infrastructure projects, an agreement was reached to directly import the whole fruit of Malaysian durians to China. As early as 2019, thousand tons of Mao Shan Wang will be exported to different provinces in mainland China. Foreigners are not welcome While …

The developer of the US$100bil Forest City residential project in Johor has disputed claims that Malaysian Prime Minister Dr Mahathir Mohamad had announced that the Government will bar foreigners from purchasing homes in the project. In a press statement yesterday (27 Aug), Country Garden Pacificview suggested that the Prime Minister's remarks might have been "taken out of context". The property …

A "white site" at Pasir Ris Central was launched for sale by public tender today under the Confirmed List of the 2nd Half 2018 Government Land Sales (GLS) Programme. In a press release on Monday (27 August), the Housing & Development Board (HDB) stated that the site is proposed for a mixed-use development which will comprise a commercial and residential …

By Si Jie, Property Tax Singapore: Singapore has one of the highest home ownership percentage around the world. Around 9 in ten Singaporeans own a property in Singapore. As a home owner, you are obligated under Singapore law to pay for property tax on 31st January every year. When you first bought your property, did you consider how property tax would …

Licensed real estate agent with International Property Advisor Pte Ltd and co-founder of HugProperty.com, Mr Ku Swee Yong, has recently advised Singaporeans to shed archaic notions and preconceptions regarding ownership of residential property in Singapore, particularly that of Housing and Development Board (HDB) flats. He argued that it would be more beneficial for Singaporeans to "acknowledge that HDB flat buyers …

Do you notice what independent bloggers have in common? That’s what we call “independent” Firstly, they are expressive. They naturally feel and speak stronger than average people. Think actors and actresses who usually have big eyes to express their emotions clearly on big or small screens. Independent bloggers are also more suggestive and opinionated. You can’t be a thought leader …

The Housing & Development Board (HDB) has launched the Reserve List site at Anchorvale Crescent for sale by public tender on Friday (10 August). Ina press release, HDB stated that this Land Parcel was made available for sale through the Reserve List on 28 June 2018. HDB noted that it had announced on 25 July 2018 that it had received …