Upcoming New Launch Condo Singapore by top developer in 2023
Most comprehensive source for new launch condos in Singapore. With our up-to-date price list and availability, you can find your dream property in no time!
Featured New Launch Projects in Singapore
New Launch Condos 2023
|District||Launch Date||Project||Location||Units||Tenure||Developer||Price From|
|12||Jan 2024||The Arcady @ Boon Keng||1037 Serangoon Road, 328170||172||Freehold||KSH Ultra Unity Pte Ltd|
|22||Nov 2023||J’den Condo||Jurong East Central||368||99 years||CapitaLand||$2,400psf|
|26||Nov 2023||Hillock Green||Lentor Central (Lentor MRT)||474||99 years||Forsea Residence Pte. Ltd., Soilbuild Group Holdings Ltd. and UED Alpha Pte. Ltd.||$2,100psf|
|23||Aug 2023||Altura EC||119 Bukit Batok West Avenue 8, 659775||360||99 years||Qingjian Realty||$1,400psf|
|22||Aug 2023||The LakeGarden Residences||Yuan Ching Road||306||99 years||Winville Investment Pte. Ltd. (Wing Tai)||$2,100psf|
|2||Aug 2023||TMW Maxwell||31 Tras Street, 079934||145||99 years||Chip Eng Seng Corp, SingHaiyi||$3,100psf|
|15||Jul 2023||Grand Dunman||2 Dunman Road, 439188||1,035||99 years||Singhaiyi||$2,100psf|
|21||Jul 2023||PineTree Hill||32 Pine Grove, 598442||520||99 years||UOL & Singapore Land||$2,200psf|
|23||Jul 2023||The Myst||800 Upper Bukit Timah Road, 678139||408||99 years||CDL Aries||$1,900psf|
|26||Jul 2023||Lentor Hills Residences||31 Lentor Hills Road, 788881||598||99 years||Hong Leong Holdings, GuocoLand and TID||$1,900psf|
|21||May 2023||The Reserve Residences||9 Jalan Anak Bukit, 589603||732||99 years||Far East Organization and Sino Group||$2,300psf|
|15||May 2023||The Continuum||1 Thiam Siew Avenue, 436838||816||Freehold||Hoi Hup & Sunway||$2,600psf|
|5||Apr 2023||Blossoms by the Park||9 Slim Barracks Rise, 139742||275||99 years||EL Development||$2,100psf|
|15||Apr 2023||Tembusu Grand||92 Jalan Tembusu, 439142||638||99 years||CDL & MCL Land||$2,300psf|
|23||Mar 2023||Botany At Dairy Farm||3 Dairy Farm Walk, 679625||386||99 years||Sim Lian||$1,900psf|
|5||Feb 2023||Terra Hill||22 Yew Siang Road, 117757||270||Freehold||Hoi Hup & Sunway||$2,400psf|
|16||Jan 2023||Sceneca Resiences||28 Tanah Merah Kechil Link · 468458||268||99 years||MCC, The Place Holdings||$2,000psf|
|9||Nov 2022||Hill House||11 Institution Hill, 239666||72||999 years||Macly Group/ Roxy-Pacific Holdings/ LWH Holdings||$2,800psf|
|11||Oct 2022||Sanctuary @ Newton||2 Surrey Road, 307742||38||Freehold||ASK Development Pte Ltd||$2,600psf|
|26||Sep 2022||Lentor Modern||3 Lentor Central, 788888||605||99 years||GLL D Pte. Ltd.||$1,900psf|
|16||Sep 2022||Sky Eden @ Bedok||1 Bedok Central, 469657||158||99 years||Chempaka Development Pte Ltd (Frasers Property Limited)||$1,900psf|
|20||Jul 2022||AMO Residence||Ang Mo Kio Rise||372||99 years||United Venture Development (2021) Pte. Ltd.||$1,900psf|
Upcoming New Launches
|District||Project||Location||Units||Tenure||Developer||Price Range||Sale psf Range|
|1||Former Central Square||Havelock Road||329||99 years||CDL (City Development Limited)||–||–|
|2||Former Realty Centre||Enggor Street||114||Freehold||The Place Holdings||From $148,000,000||From $3,221|
|5||Clementi Avenue 1||–||500||–||–||–||–|
|5||Former Gloria Mansion||Pasir Panjang Road||59||Freehold||Fraxtor Capital||$450,000 ~ $70,300,000||$380 ~ $1,936|
|5||Former 303 & 305 Pasir Panjang Road||Pasir Panjang Road||–||Freehold||Silver Edge Investment Holdings||–||–|
|7||Former Golden Mile Complex||Beach Road||718||99 years||Far East Organization, Perennial Holdings and Sino Land||$110,000 ~ $700,000,000||$119 ~ $1,147|
|8||Former Verdun House||Verdun Road||–||–||From $405,000||From $258|
|8||Former Euro Asia||Serangoon Road||84||Freehold||KSH, H10 & SLB||$480,000 ~ $2,403,000||$290 ~ $1,157|
|9||Former Peace Center /Mansion||Sophia Road||240||99 years||CEL, Singhaiyi & KSH||$400,000 ~ $1,908,000||$154 ~ $767|
|9||(3x residential)||Mount Emily Rd||18||Freehold||ZACD||–||–|
|10||Former 551 – 553 Bukit Timah Road / 6 – 8 Duke Road||Bukit Timah Road||–||–||–||From $3,360,000||From $2,123|
|10||Former Tanglin Shopping Centre||–||–||–||–||–||–|
|10||Jervois Prive (former Jervois Green)||Jervois Road||43||Freehold||Jervois Midas Pte Ltd||$1,500,000 ~ $5,067,000||$2,732 ~ $3,463|
|11||Former Caldecott Broadcast Centre||Andrew Road||15||99 years||Perennial Holdings||–||–|
|11||Former Watten Estate||Shelford Road||200||Freehold||UOL & Singapore Land||$1,888,888 ~ $6,888,888||$2,148 ~ $3,347|
|11||(2x residential)||Gilstead Rd||–||Freehold||Kheng Leong||From $21,000,000||From $943|
|14||Former Baode Building||Lorong 35 Geylang||–||–||–||$300,000 ~ $27,000,000||$242 ~ $1,572|
|14||Former Vicenta Lodge||16 Lorong Marzuki||27||Freehold||Undisclosed||$560,000 ~ $1,195,000||$445 ~ $949|
|15||Jalan Tembusu (Parcel B)||–||825||–||–||–||–|
|15||Former La Ville||Tg. Rhu Road||107||Freehold||ZACD||$2,688,888 ~ $4,568,000||$2,301 ~ $2,688|
|15||Former Haig Road Flats||Haig Road||35||Freehold||Nanshan Group||$6,600,000 ~ $7,000,000||$1,029 ~ $1,091|
|15||Former Meyer Park||Meyer Road||Freehold||UOL Group/ Singapore Land Group||$1,588,888 ~ $4,388,88||$2,182 ~ $2,317|
|15||Creston Residences||Still Road||60||Freehold||Melville Pte Ltd||–||–|
|15||Former East Court||Koon Seng Road||19||Freehold||Macly Group||$895,000 ~ $2,550,000||$540 ~ $1,538|
|16||Former Bagnall Court||Upper East Coast Road||113||Freehold||Consortium Led By Roxy-Pacific Holdings||–||–|
|18||Tampines Street 62 (Parcel B)||–||–||–||–||$1,131,000 ~ $2,120,000||$1,266 ~ $1,358|
|18||Tampines Avenue 11||–||1190||99 years||–||–||–|
|19||Former Jansen Mansion||Jansen Road||21||99 years||Macly||$455,000 ~ $19,100,000||$361 ~ $1,264|
|21||Bukit Timah Link||–||160||99 years||Bukit One Pte. Ltd.||From $24,000,000||From $4,000|
|21||Pine Grove (Parcel B)||–||–||99 years||–||–||–|
|21||Former 870 Dunearn Road||Dunearn Road||–||Freehold||Tuan Sing Holdings||–||–|
|22||Former Park View Mansions||Yuan Ching Road,||440||99 years||CEL/ Sing-Haiyi Pearl/ TK 189 (Chip Eng Seng/ SingHaiyi/ KSH Holdings)||$180,000 ~ $918,000||$135 ~ $688|
|23||Bukit Batok West Avenue 8 EC||Bukit Batok West Ave 8||375||99 years||Qingjian & Santarli||–||–|
|23||(executive condo)||Bukit Batok West Ave 5||510||99 years||CDL||–||–|
|23||Senja Close EC||–||295||99 years||–||–||–|
|23||Cashew Green (Landed)||Cashew Road||19||999 years||Lucky Realty Co Pte Ltd (Far East Organization)||$3,834,783 ~ $6,742,830||$1,015 ~ $1,794|
|24||Plantation Close Parcel A EC||–||495||99 years||–||–|
|24||Plantation Close Parcel B||–||560||99 years||–||–||–|
|25||Woodlands Avenue 2||–||440||–||–||–||–|
|26||Lentor Hills Road (Parcel B)||Lentor Hills Road (B)||265||99 years||TID Residential Pte. Ltd.||–||–|
|27||Spring Waters Villas||–||6||953 years||South Island Mata Ayer Pte Ltd||From $6,980,000||$980 ~ $997|
Existing New Launches
|DISTRICT||PROJECT||LOCATION||UNITS||TENURE||DEVELOPER||PRICE RANGE||SALE PSF RANGE|
|3||The Landmark||Chin Swee Road||396||99 years||Landmark JV Pte Ltd||$968,000 ~ $3,056,486||$2,064 ~ $3,562|
|3||One Pearl Bank||Pearl Bank||774||99 years||Areca Investment Pte Ltd (CapitaLand)||$960,000 ~ $3,877,000||$1,793 ~ $3,380|
|4||The Reef At King’s Dock||Harbourfront Avenue||429||99 years||Harbourfront Three Pte Ltd (Mapletree/ Keppel Land)||$924,400 ~ $3,851,000||$1,892 ~ $3,806|
|6||Canninghill Piers / Canninghill Square||Clarke Quay||696||99 years||Legend Quay Pte Ltd (CDL/ CapitaLand)||$1,160,000 ~ $48,000,000||$2,037 ~ $4,591|
|7||Midtown Bay||Beach Road||219||99 years||Guoco Midtown Pte Ltd/Midtown Bay Pte Ltd (Guocoland)||$1,224,000 ~ $3,738,000||$2,723 ~ $4,069|
|7||The M||Middle Road||522||99 years||Wingcharm Investment Pte Ltd (Wing Tai Holdings)||$962,000 ~ $2,500,000||$2,305 ~ $3,599|
|7||Midtown Modern||Tan Quee Lan Street||558||99 years||Guoco Midtown II Pte Ltd/Midtown Modern Pte Ltd||$1,490,000 ~ $17,000,000||From $2,875|
|8||J8 Suite||Rangoon Road||11||Freehold||J8 Holdings Pte Ltd||–||–|
|9||Haus on Handy||Handy Road||188||99 years||CDL Regulus Pte Ltd (City Developments Limited)||$1,862,000 ~ $2,662,000||$2,239 ~ $3,076|
|9||Kopar At Newton||Makeway Avenue||378||99 years||CEL Newton Pte Ltd (Chip Eng Seng)||$1,359,000 ~ $4,096,000||$2,265 ~ $2,974|
|9||33 Devonshire||Devonshire Road||21||Freehold||–||–||–|
|9||The Cairnhill||Cairnhill Rise||75||Freehold||Far East Organization||From $6,888,888||From $2,884|
|9||Cairnhill 16||Cairnhill Rise||39||Freehold||TSky Cairnhill Pte Ltd||$2,005,245 ~ $4,800,00||$2,516 ~ $3,800|
|9||The Avenir||River Valley Close||376||Freehold||Carmel Development Pte Ltd||$1,472,500 ~ $8,426,000||$2,447 ~ $4,041|
|9||Sophia Regency||Sophia Road||38||Freehold||East Asia Sophia Development Pte Ltd||$1,400,000 ~ $2,601,081||$2,578 ~ $3,099|
|9||Klimt Cairnhill||Cairnhill Road||138||Freehold||Glopeak Development Pte Ltd||$2,885,000 ~ $27,500,000||$2,600 ~ $5,554|
|9||The Atelier||Makeway Avenue||120||Freehold||Bukit Sembawang Land Pte Ltd||$1,450,000 ~ $4,485,000||$2,404 ~ $3,258|
|10||Parksuites||Holland Grove Road||119||110 years||Kentish View Pte Ltd/Lucky Pinnacle Pte Ltd (Far East Organization)||$670,000 ~ $6,844,708||$2,131 ~ $2,780|
|10||19 Nassim||Nassim Hill||101||99 years||Parksville Development Pte Ltd (Keppel Land)||$1,911,870 ~ $5,625,900||$3,334 ~ $4,031|
|10||One Holland Village Residences||Holland Village Way||296||99 years||Sekisui House/ Sino Group/ Far East Organization||$1,256,000 ~ $12,211,000||$1,131 ~ $4,207|
|10||Cuscaden Reserve||Cuscaden Road||192||99 years||Cuscaden Homes Pte Ltd||$2,319,000 ~ $4,452,000||$2,982 ~ $3,913|
|10||15 Holland Hill||Holland Hill||57||Freehold||Peak Opal Pte Ltd (Kheng Leong)||$3,819,000 ~ $7,418,000||$2,955 ~ $3,127|
|10||Boulevard 88||Orchard Boulevard||154||Freehold||Granmil Holdings Pte Ltd||$4,335,100 ~ $31,000,000||$2,986 ~ $5,346|
|10||Perfect Ten||Bukit Timah Road||230||Freehold||Japura Development Pte Ltd||$2,080,000 ~ $4,200,000||$2,649 ~ $3,506|
|10||Hyll on Holland||Holland Road||319||Freehold||FEC Skypark Pte Ltd||$1,342,700 ~ $3,139,900||$2,377 ~ $3,464|
|10||Grange 1866||Grange Road||60||Freehold||Grange 1866 Pte. Ltd.||$1,447,000 ~ $2,607,000||$2,656 ~ $3,643|
|10||Park Nova||Tomlinson Road||54||Freehold||Shun Tak Cuscaden Residential Pte Ltd (Shun Tak Holdings Limited)||$5,799,000 ~ $17,178,000||$3,951 ~ $4,813|
|10||Les Maisons Nassim||Nassim Road||14||Freehold||Shun Tak Residential Development Pte Ltd||$42,000,000 ~ $75,000,000||$6,370 ~ $7,000|
|10||Wilshire Residences||Farrer Road||85||Freehold||TE2KS-RH Pte Ltd||$1,110,730 ~ $9,240,851||$2,300 ~ $3,174|
|10||Leedon Green||Leedon Heights||638||Freehold||Asia Radiant Pte Ltd (MCL Land/ Yanlord Group)||$1,208,000 ~ $6,543,000||$2,162 ~ $3,603|
|10||Van Holland||Holland Road||69||Freehold||KBD Holland Pte Ltd (Koh Brothers Group Limited)||$1,423,717 ~ $5,537,280||$2,260 ~ $3,412|
|10||One Draycott||Draycott Park||64||Freehold||Champsworth Development Pte Ltd (Selangor Dreging Berhad)||$2,262,000 ~ $3,497,000||$1,696 ~ $3,603|
|10||Dalvey Haus||Dalvey Road||27||Freehold||Dalvey Breeze Development Pte Ltd (KOP Properties/ Low Keng Huat)||$6,085,000 ~ $16,280,000||$42 ~ $4,666|
|10||Petit Jervois||Jervois Road||55||Freehold||Jerwyn Pte Ltd (SC Global)||$1,544,000 ~ $3,288,000||$2,560 ~ $3,149|
|10||Jervois Treasures||Jervois Road||36||Freehold||Fragrance Treasures Pte. Ltd. (Fragrance Group)||1188888 ~ $3,349,800||$2,291 ~ $3,122|
|11||35 Gilstead||Gilstead Road||70||Freehold||TEE Forward Pte. Ltd. (Tee Land)||$1,236,000 ~ $3,742,000||$2,200 ~ $2,762|
|11||Neu at Novena||Moulmein Rise||87||Freehold||RH Novena Pte Ltd||$1,355,000 ~ $3,475,000||$2,304 ~ $3,313|
|11||Peak Residence||Thomson Road||90||Freehold||TSRC Novena Pte Ltd (Tuan Sing Holdings)||$1,248,400 ~ $3,951,850||$2,002 ~ $3,437|
|11||Pullman Residences Newton||Dunearn Road||340||Freehold||EL Development (Horizon) Pte Ltd||$1,207,000 ~ $4,453,000||$2,270 ~ $3,669|
|13||Myra||Meyappa Chettiar Road||85||Freehold||Tiara Land Pte Ltd (Selangor Dredging Berhad)||$1,004,800 ~ $8,000,000||$2,018 ~ $3,423|
|14||M Suites||65 Lor Melayu||16||Freehold||FG Resource Pte. Ltd||$1,520,000 ~ $6,000,000||$249 ~ $1,708|
|14||Zyanya||Lorong 25A Geylang||34||Freehold||NNB 8 Development Pte Ltd||$882,000 ~ $2,259,037||$1,536 ~ $2,011|
|14||Urban Treasures||Jalan Eunos||237||Freehold||Fragrance Treasures Pte Ltd (Fragrance Group)||$798,000 ~ $2,486,500||$1,574 ~ $2,476|
|15||Liv @ MB||Arthur Road||298||99 years||BSEL Development Pte. Ltd (Bukit Sembawang Estates Limited)||$1,080,000 ~ $3,630,000||$1,787 ~ $2,292|
|15||Amber Sea||Amber Gardens||132||Freehold||Urban Park Pte Ltd (Far East Organization)||–||–|
|15||Atlassia||Joo Chiat Place,||31||Freehold||K16 Development Pte Ltd||$1,116,031 ~ $2,585,427||$1,566 ~ $3,232|
|15||Baywind Residences||Lorong N Telok Kurau||24||Freehold||LWH Holdings Pte Ltd/ ABR Holdings Ltd||$2,066,000 ~ $2,668,000||$1,876 ~ $2,138|
|15||K Suites||Lorong K Telok Kurau||19||Freehold||EG Properties Pte Ltd||From $1,732,000||$1,692 ~ $2,400|
|15||The Carrara||Mountbatten Road||6||Freehold||Sevens Group (Taurus) Pte Ltd||$7,600,000 ~ $9,892,000||$1,203 ~ $3,119|
|15||Royal Hallmark||Haig Lane||32||Freehold||H Homes Pte Ltd||$1,762,000 ~ $3,690,000||$1,702 ~ $2,195|
|15||Meyer Mansion||Meyer Road||200||Freehold||Meyer Mansion Pte Ltd (Guocoland)||$1,374,480 ~ $4,602,350||$2,634 ~ $2,994|
|15||Creston Residences||Still Road||60||Freehold||Melville Pte Ltd||–||–|
|19||Bartley Vue||Jalan Bunga Rampai||115||99 years||Wee Hur (Bartley) Pte Ltd||$1,100,000 ~ $2,497,000||$1,212 ~ $2,399|
|19||Bliss @ Hillside Drive||Hillside Drive||25||Freehold||Invest-Ho Property||–||–|
|19||Kovan Jewel||Kovan Road||34||Freehold||Soon Lian Realty Pte Ltd||$1,488,000 ~ $2,738,000||$1,625 ~ $2,248|
|19||The Jardine Residences||Lorong Chuan||6||Freehold||JGL Property Pte Ltd||$5,700,00 ~ $6,980,000||$1,047 ~ $1,232|
|20||Brighthill Residences||Bright Hill Crescent||6||Freehold||Brighthill Development Pte Ltd||$6,400,000 ~ $18,000,000||$1,196 ~ $1,979|
|21||Ki Residences At Brookvale||Brookvale Drive||660||999 years||Hoi Hup Sunway Clementi Pte Ltd||$1,240,000 ~ $3,994,000||$1,506 ~ $12,907|
|21||Forett @ Bukit Timah||Toh Tuck Road||633||Freehold||(Qingjian Realty (Changi) Investment Pte Ltd||$848,000 ~ $4,227,000||$1,669 ~ $2,746|
|23||Hillview Rise||–||335||99 years||Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd.||–||–|
|24||Mooi Residences||Holland Road||24||Freehold||Wenul HL Pte Ltd||$2,123,000 ~ $2,909,000||$2,270 ~ $2,662|
|27||Spring Waters Villas||–||6||953 years||South Island Mata Ayer Pte Ltd||From $6,980,000||$980 ~ $997|
|11||Casa Contendere||Gilstead Road||70||Freehold||TEE Land||$ 1,179 to $ 1,179|
|5||Clavon Condo||Clementi Avenue 1||640||99 years||United Venture Development Pte Ltd (UIC/ UOL Group)||$1,450,000 ~ $3,300,000||$1,775 ~ $2,356|
|10||Eden Condo||Draycott Park||20||Freehold||Swire Properties||$1,250,000 ~ $1,800,000||$1,211 ~ $1,235|
|11||Fyve Derbyshire||Derbyshire Road||71||Freehold||Roxy Pacific Holdings Limited||$1,634,000 ~ $2,680,000||$2,609 ~ $2,989|
|5||Kent Ridge Hill Residences||South Buona Vista Road||640||99 years||United Venture Development Pte Ltd (UIC/ UOL Group)||$900,000 ~ $3,950,000||$1,824 ~ $2,519|
|20||Jadescape||Shunfu Road||1206||99 years||Qingjian Realty||$1,080,000 ~ $3,370,000||$2,000 ~ $2,676|
|27||Kandis Residence||Kandis Link||130||99 years||Tuan Sing Holdings Limited||$710,000 ~ $4,500,000||$1,071 ~ $1,734|
|19||Jewel Condo||Compassvale Bow||616||99 years||City Developments Limited||$810,000 ~ $2,298,888||$1,533 ~ $1,844|
|3||Margaret Ville||Margaret Drive||309||99 years||MCL Land (Regency) Pte Ltd||$980,000 ~ $2,750,000||$2,063 ~ $2,548|
|15||MeyerHouse||Meyer Road||56||Freehold||UOL Group/ Kheng Leong Company||From $5,868,000||From $2,884|
|21||Mayfair Modern||Rifle Range Road||171||99 years||Citrine Property Pte Ltd (Subsidiary of Oxley Holdings Limited)||$1,600,000 ~ $24,110,000||$1,761 ~ $3,300|
|1||Marina One Residences||Marina Way||1042||99 years||M+S Pte. Ltd.||$1,575,000 ~ $2,420,000||$2,982 ~ $3,750|
|10||120 Grange||Grange Road||56||Freehold||RH Orchard Pte Ltd (Roxy Pacific Holdings)||$1,575,000 ~ $2,420,000||$2,982 ~ $3,750|
|10||15 Holland Hill||Holland Hill||57||Freehold||Peak Opal Pte Ltd (Kheng Leong)||$3,779,740 ~ $15,187,000||$2,700 ~ $3,496|
|8||1953 Condo||Tessensohn Road||58||Freehold||Oxley Holdings Limited||$1,200,000 ~ $5,000,000||$1,768 ~ $4,178|
|9||21 Angullia Park||Angullia Park||54||Freehold||Angullia Development Pte. Ltd||$3,980,000 ~ $42,912,080||$2,989 ~ $5,560|
|11||35 Gilstead||Gilstead Road||70||Freehold||TEE Forward Pte. Ltd. (Tee Land)||$1,698,000 ~ $2,498,888||$2,391 ~ $2,830|
|10||3 Cuscaden Condo||Cuscaden Walk||96||Freehold||SL Capital (2) Pte Ltd (A consortium led by Sustained Land)||$1,700,000 ~ $3,400,000||$3,387 ~ $5,000|
|8||70 Truro||Truro Road||109||Freehold||Singlap Co Pte. Ltd.||$792,000 ~ $1,438,000||$1,600 ~ $1,869|
|15||77 East Coast Road||Upper East Coast Road||41||Freehold||KDC (77) Development Pte. Ltd. (KTC Group)||$903,000 ~ $2,399,000||$2,102 ~ $2,207|
|9||8 Hullet||Hullet Road||44||Freehold||Hullet Development Pte Ltd (Arc LH/ 2E Capital/ Mondyan)||From $1,890,000||From $3,513 psf|
|9||8 St. Thomas Condo||Saint Thomas Walk||230||Freehold||Bukit Sembawang Estates Limited||$1,620,000 ~ $4,800,000||$2,745 ~ $3,754|
|19||Affinity at Serangoon||Serangoon North Avenue 1||1052||99 years||Oxley Serangoon Pte Ltd (Oxley Holdings Ltd/ SLB Development Ltd/ Apricot Capital/ KSH Holdings Ltd)||$798,000 ~ $2,288,000||$1,628 ~ $2,051|
|15||Amber 45||Amber Road||139||Freehold||UOL Development (Amber) Pte Ltd||$1,880,000 ~ $4,000,000||$2,460 ~ $2,971|
|15||Amber Park||Amber Gardens||592||Freehold||Aquarius Properties Pte Ltd (City Developments Ltd / Hong Realty Pte Ltd)||$2,045,000 ~ $5,769,000||$2,382 ~ $3,208|
|15||Amber Skye||Amber Road||109||Freehold||CS Amber Development Pte. Ltd.||$1,590,000 ~ $7,957,280||$1,509 ~ $2,621|
|14||Arena Residences||Guillemard Crescent||98||Freehold||RH Guillemard Pte Ltd (Roxy Pacific Holdings)||$1,335,500 ~ $1,990,000||$2,131 ~ $2,620|
|3||Artra Redhill||Alexandra View||400||99 years||FEC Skyline Pte Ltd||$1,523,700 ~ $5,600,000||$1,703 ~ $2,444|
|3||Avenue South Residence||Silat Avenue||1074||99 years||United Venture Development (Silat) Pte Ltd (UOL Group Limited)||$1,253,000 ~ $2,800,000||$1,872 ~ $2,643|
|28||Belgravia Green||Belgravia Drive||81||Freehold||Fairview Developments Pte Ltd (a unit of the Tong Eng Group)||$3,980,000 ~ $4,680,000||$1,221 ~ $1,286|
|5||Bijou Condo||Jalan Mat Jambol||120||Freehold||–||$1,138,000 ~ $7,480,000||$2,032 ~ $2,575|
|27||Canberra Link EC||Canberra Link||350||99 years||MCC Land||–||–|
|17||Casa Al Mare||Jalan Loyang Besar||49||Freehold||SL Capital (4) Pte Ltd (Sustained Land Pte Ltd)||$768,000 ~ $1,829,000||$1,516 ~ $1,768|
|23||Cashew Green||Cashew Road||19||999 years||Lucky Realty Co Pte Ltd (Far East Organization)||$3,834,783 ~ $6,742,830||$1,527 ~ $2,384|
|15||Cayman Residences||East Coast Avenue||19||Freehold||Pinnacle Asset||$4,200,000 ~ $46,380,000||$1,025 ~ $2,784|
|19||Citrine Foodland||Kim Chuan Drive||15||Freehold||Goodland Citrine Pte Ltd (Subsidiary of Goodlan Group Limited)||From $3,090,000||$ 1,103 – $ 2,028|
|15||Coastline Residences||Amber Road||144||Freehold||SL Capital (3) Pte Ltd (Sustained Land Pte Ltd)||$1,290,000 ~ $3,880,000||$2,746 ~ $3,433|
|5||CT Foodchain||Pandan Loop||98||64-year||Chiu Teng Group Pte Ltd||–||–|
|21||Daintree Residences||Toh Tuck Road||327||99 years||Setia (Bukit Timah) Pte Ltd||$1,450,000 ~ $3,980,000||$1,592 ~ $2,355|
|23||Dairy Farm Residences||Dairy Farm Lane||460||100 years||UEL Dairy Farm Pte Ltd (United Engineers Limited)||$ 1,200,000 ~ $ 2,282,000||$ 1,648 – $ 2,155|
|11||Dunearn 386||Dunearn Road||35||Freehold||RH Central Pte Ltd (Roxy Pacific Holdings)||$1,221,000 ~ $3,200,000||$2,613 ~ $3,005|
|15||Infini At East Coast||East Coast Road||36||Freehold||GDL Land Pte Ltd (Global Dragon Limited)||$1,380,000 ~ $2,800,000||$1,626 ~ $2,133|
|10||Fourth Avenue Residences||Fourth Avenue||476||99 years||Valleypoint Investments Pte Ltd (Allgreen Properties Limited)||$1,199,000 ~ $2,664,900||$2,381 ~ $2,957|
|19||Inspace||NEW INDUSTRIAL ROAD||84||Freehold||SLB-Oxley (NIR) Pte Ltd||–||–|
|10||Juniper Hill||Ewe Boon Road||115||Freehold||Allgreen Properties Limited||$1,736,000 ~ $6,068,600||$2,779 ~ $3,340|
|15||Katong Park Tower||Arthur Rd||111||99 years||Bukit Sembawang Estate Ltd||–||–|
|21||Linq @ Beauty World||Upper Bukit Timah Road||174||Freehold||BBR Holdings||$1,450,000 ~ $2,680,000||$2,361 ~ $2,894|
|28||Luxus Hills||Luxus Hills Avenue||78||Freehold||Bukit Sembawang Estates||$4,350,000 ~ $6,980,000||$1,144 ~ $1,836|
|13||Mactaggart Foodlink||Mactaggart Road||28||Freehold||SLB Development Private Limited||$35,00,000||$1,419|
|9||Martin Modern Condo||Martin Place||450||99 years||Guocoland / First Bedok Land Pte Ltd||$2,060,000 ~ $5,880,000||$2,522 ~ $3,392|
|23||Mont Botanik Residence||Jalan Remaja||108||Freehold||Episcia Land Pte Ltd (Tuan Sing Holdings Limited)||$1,550,000 ~ $1,998,000||$2,005 ~ $2,109|
|13||Myra Condo||Meyappa Chettiar Road||85||Freehold||Tiara Land Pte Ltd (Selangor Dredging Berhad)||$1,004,800 ~ $8,000,000||$2,015 ~ $2,622|
|28||Nim Collection||Ang Mo Kio||98||99 years||Bukit Sembawang Estates Limited||$3,999,999 ~ $5,600,000||$940 ~ $1,168|
|14||Noma Condo||Guillemard Road||50||Freehold||Macly 33 Pte Ltd (Macly Group)||$1,580,000 ~ $1,600,000||$1,893 ~ $1,957|
|5||Normanton Park||Normanton Park||1862||99 years||Kingsford Huray Development Pte Ltd||$1,629,000 ~ $2,375,000||$1,809 ~ $1,965|
|15||Nyon Condo||Amber Road||92||Freehold||Aurum Land (Private) Limited||$1,228,000 ~ $3,550,000||$2,198 ~ $3,001|
|19||Ola EC Condo||Anchorvale Crescent||548||99 years||Anchorvale Pte Ltd (Evia Real Estate/ Gumuda Land)||$888,000 ~ $2,000,000||$1,031 ~ $1,531|
|15||Olloi||Lorong 101 Changi||34||Freehold||K16 Development Private Limited||$1,622,000 ~ $2,920,000||$1,472 ~ $1,800|
|15||One Meyer||Meyer Place||65||Freehold||SL Capital (5) Pte Ltd (Sustained Land Ltd/ Goodland Group/ Ho Lee Group/ Kwong Lee Land)||$1,810,000 ~ $3,300,000||$2,129 ~ $3,257|
|5||Parc Clematis||Jalan Lempeng||1468||99 years||Sing-Haiyi Gold Pte Ltd||$1,428,000 ~ $3,630,000||$1,352 ~ $2,674|
|14||Parc Esta||Sims Avenue||1399||99 years||MCL Land Limited||$868,888 ~ $2,960,000||$2,018 ~ $2,545|
|17||Parc Komo||Upper Changi Road||276||Freehold||CEL Real Estate Development Pte Ltd (Chip Eng Seng Corporation Ltd)||$880,000 ~ $3,300,000||$1,443 ~ $2,341|
|13||Park Colonial||Woodleigh Lane||805||99 years||CEL Unique Development Pte. Ltd. (Chip Eng Seng Corp/ Heeton Holdings/ KSH Holdings)||$960,000 ~ $2,800,000||$1,919 ~ $2,640|
|19||Parkwood Residences||Yio Chu Kang Road||18||99 years||Oxley Garnet Pte Ltd (Oxley Holdings)||$1,699,000 ~ $1,782,000||$1,815 ~ $1,860|
|18||Paris Ris Central Residences||Pasir Ris Central||600||99 years||Allgreen Properties||–||–|
|23||Phoenix Villas||Phoenix Avenue||79||99 years||OKP Holdings||–||–|
|10||The Enclave Holland||Holland Road||26||Freehold||Three sixty-nine Development||$1,100,000 ~ $3,188,000||$2,295 ~ $2,619|
|26||The Essence Condo||Chong Kuo Road||84||99 years||Chong Kuo Development Pte. Ltd.||$1,199,999 ~ $1,890,000||$1,360 ~ $2,083|
|19||The Florence Residences||Hougang Avenue 2||1410||99 years||Florence Development Pte. Ltd. (Logan Property (Singapore) Company Pte. Limited)||$830,000 ~ $2,400,000||$1,366 ~ $2,338|
|19||The Garden Residence||Serangoon North View||613||99 years||Keppel Land & Wing Tai||$750,000 ~ $3,788,000||$1,597 ~ $2,114|
|15||Tembusu Grand||Jalan Tembusu||638||99 years||Tembusu Residential Pte. Ltd. (City Developments Ltd/ MCL Land)||From $1,248,000||From $2,296|
|10||Sloane Residences||Balmoral Road||52||Freehold||TSky Balmoral Pte. Ltd. (Tiong Seng Holding/ Ocean Sky International)||$2,436,000 ~ $4,612,000||$2,899 ~ $3,300|
|14||The Antares||Mattar Road||265||99 years||FSKH Development||$930,000 ~ $1,800,000||$2,057 ~ $2,739|
|19||The Gazania||How Sun Drive||250||Freehold||Singhaiyi Huajiang Sun Pte. Ltd. (Singhaiyi Group Ltd)||$1,030,000 ~ $3,510,000||$1,941 ~ $2,336|
|10||The Hyde||Balmoral Road||117||Freehold||Aurum Land Pte Ltd (Woh Hup Holdings Pte Ltd)||$1,419,000 ~ $2,600,000||$2,584 ~ $3,110|
|9||The Iveria||Kim Yam Road||51||Freehold||Macly Iveria Pte Ltd (Macly Group)||From $2,880,000||From $3,041|
|17||The Jovell||Flora Drive||428||99 years||Tripartite Developers Pte Ltd (Hong Leong Holdings Limited)||$998,000 ~ $1,750,000||$1,460 ~ $1,785|
|15||Seaside Residences||Siglap Link||843||99 years||Frasers Property Singapore||$1,000,000 ~ $12,500,000||$1,976 ~ $3,794|
|19||Sengkang Grand Residences||Compassvale Bow||680||99 years||Siena Residential Development Pte Ltd/Siena Trustee Pte Ltd (City Development Limited/ CapitaLand)||$900,000 ~ $2,400,000||$1,495 ~ $3,171|
|19||The Lilium||How Sun Road||80||Freehold||Singhaiyi Huajiang Amber Pte Ltd (Singhaiyi Group Ltd)||$1,500,000 ~ $3,722,300||$1,625 ~ $2,300|
|14||The Penrose||Sims Drive||566||99 years||NovaSims Development Pte Ltd (Hong Leong Holdings Limited/ City Development Limited)||$980,000 ~ $3,088,888||$1,790 ~ $2,426|
|15||The Ramford||Rambai Road||16||Freehold||Centra East Development Pte Ltd||$1,085,000 ~ $8,300,000||$420 ~ $2,253|
|18||Treasure @ Tampines||Tampines Lane||2203||99 years||Sim Lian (Treasure) Pte Ltd (Sim Lian Group)||$740,000 ~ $3,088,000||$1,471 ~ $2,264|
|15||Vanilla Condo||Still Road||–||Freehold||–||–||–|
|21||Verdale Condo||De Souza Avenue||258||99 years||C&C (JJK) Pte Ltd (CSC Land Group (Singapore) Pte Ltd / China Overseas Holdings Limited)||$1,338,200 ~ $2,660,600||$1,887 ~ $2,179|
|12||Verticus Condo @ Balestier||Jalan Kemaman||162||Freehold||SB (Kemaman) Development Pte Ltd (Soilbuild Group)||$864,000 ~ $4,088,000||$1,774 ~ $2,333|
|21||View @ Kismis||Lorong Kismis||186||99 years||Roxy-TE2 Development Pte Ltd (Roxy Pacific Holdings Limited/ Tong Eng Group)||$1,138,000 ~ $8,500,000||$1,103 ~ $2,364|
|5||Whistler Grand||West Coast Vale||716||99 years||CDL Pegasus Pte Ltd (City Developments Limited)||$855,000 ~ $2,520,000||$1,768 ~ $2,323|
|9||33 Devonshire||Devonshire Road||21||Freehold||–||–||–|
|3||Landmark Residences||Chin Swee Road||396||99 years||Landmark JV Pte Ltd (MCC Land (S) Pte. Ltd/ SSLE Development Pte. Ltd/ ZACD Group Ltd)||$968,000 ~ $3,128,657||$1,906 ~ $2,879|
|7||Midtown Gardens||Tan Quee Lan Street||585||99 years||GuocoLand and Hong Leong Group||–||–|
|10||Nouvel 18||Anderson Road||156||Freehold||City Developments Limited,Wing Tai Asia||$3,700,000 ~ $35,875,000||$2,769 ~ $5,555|
|19||Piermont Grand||Sumang Walk||820||99 years||Pavo Properties Pte Ltd (City Development Limited/ TID Residential Pte. Ltd.)||$1,090,000 ~ $1,936,000||$1,017 ~ $1,713|
|28||Parc Botannia||Fernvale Street||735||99 years||Fernvale Green Pte Ltd (Sing Holdings Limited/ Wee Hur Holdings Ltd)||$765,000 ~ $1,680,000||$1,496 ~ $1,949|
|18||Parc Central Residence EC||Tampines Street||700||99 years||Hoi Hup Sunway Tampines J.V. Pte Ltd (Hoi Hup Realty Pte Ltd/ Sunway Developments Pte Ltd)||$994,000 ~ $1,699,000||$1,113 ~ $1,322|
|14||Rezi 24 Condo||Lorong 24 Geylang||110||Freehold||The One Residence Pte Ltd (Kim Seng Heng Realty Pte Ltd/ SBL Development Ltd/ Heeton Holdings)||$899,999 ~ $2,250,000||$1,647 ~ $2,466|
|19||Riverfront Residences||Hougang Avenue 7||1472||99 years||Rio Casa Venture Pte Ltd (Oxley Holdings Limited/ KSH Holdings Limited/ SLB Development Ltd/ Apricot Capital)||$720,000 ~ $3,300,000||$1,426 ~ $3,482|
|3||Riviere Condo||Jiak Kim Street||455||99 years||Frasers Property Quayside Pte Ltd||$1,780,000 ~ $5,200,000||$2,800 ~ $3,200|
|10||Royal Green||Anamalai Avenue||285||Freehold||Sky Top Investments Pte Ltd (Allgreen Properties Limited)||$1,790,000 ~ $3,200,000||$2,521 ~ $3,096|
|9||RV Altitude||River Valley Road||140||Freehold||RH Capital Two Pte. Ltd. (Roxy-Pacific Holdings Limited)||$1,400,000 ~ $2,200,000||$3,073 ~ $3,741|
|15||Seraya Residence Condo||Seraya Lane||17||Freehold||Macly 33 Pte. Ltd. (Macly Group)||$1,571,619 ~ $17,000,000||$1,247 ~ $1,663|
|14||Sims Villa||Sims Drive||566||99 years||Hong Leong Holdings & City Developments||–||–|
|2||Sky Everton||Everton Road||262||Freehold||SL Capital (6) Pte Ltd (Sustained Land Pte Ltd/ Ho Lee Group/ Kwong Lee Land/ Penjuru Capital Pte Ltd)||$1,360,000 ~ $5,868,000||$2,639 ~ $3,225|
|7||South Beach Residences||Beach Road||171||99 years||City Developments||$4,360,000 ~ $24,519,000||$3,186 ~ $5,662|
|5||Sunstone Hill||Pasir Panjang Road||28||Freehold||Sunstone Properties Pte. Ltd.||–||–|
|18||Tapestry Condo||Tampines Street 86||861||99 years||City Developments Limited (CDL)||$750,000 ~ $2,200,000||$1,595 ~ $3,164|
|13||The Addition by Oxley Condo||Meyappa Chettiar Road||26||Freehold||Oxley Topaz Pte Ltd||$1,080,000 ~ $1,810,000||$1,516 ~ $1,917|
|–||Sky Gardens Residences||Jalan Setia Tropika||500||Freehold||SP Setia Bhd||–||–|
|23||The Midwood Condo||Hillview Rise||564||99 years||Hillview Rise Development Pte Ltd (Hong Leong Holdings/ Hong Realty Limited)||$1,100,000 ~ $2,400,000||$1,880 ~ $2,185|
|9||The Opus Condo||Amber Gardens||150||–||City Developments Limited (CDL)||–||–|
|13||Tre Ver Condo||Potong Pasir Avenue 1||729||99 years||UVD (Projects) Pte. Ltd (UOL Group Ltd/ United Industrial Corporation Ltd)||$899,000 ~ $2,620,000||$1,723 ~ $2,260|
|8||Uptown @ Farrer||Perumal Road||116||99 years||Perumal Development Pte Ltd (Low Keng Huat (Singapore) Limited)||From $1,300,000||$2,229 ~ $2,416|
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Frequently Asked Questions
What is a Temporary Occupation Permit (TOP)?
In Singapore, the Building and Construction Authority (BCA) provides (TOPs) to homeowners who just built their homes so they can move in before the Certificate of Statutory Completion (CSC) is issued.The TOP certificate only indicates that the building looks suitable for occupancy and it does not provide assurance of complete compliance with the Building Control Act.
What is a Certificate of Statutory Completion (CSC)?
A CSC is a document that confirms that all the structural aspects of a building have been fulfilled. It’s essential to obtain this license in order to legally occupy and make use of your property. A CSC certifies that all the necessary building requirements have been satisfied and is an official permit acknowledging this fact. It’s important to ensure that one is secured after construction has been completed in order to protect all parties involved.
What is Management Corporation Strata Title?
What does leasehold property in Singapore mean?
When you own a leasehold property in Singapore, you are given the right to utilize the land for a specific period of time. Singapore’s residential and commercial properties have leases of either 99 or 999 years. The owner of these leaseholds will not be able to keep the property when the tenure runs out. Thus, it’s important to have an understanding of the terms and conditions set out in these leases.
What does freehold property in Singapore mean?
In Singapore, freehold properties are seen as a more desirable form of real estate compared to leaseholds. Ownership of these properties can extend indefinitely and . Owning freehold land in Singapore is highly sought after due to its scarcity. The government has the power to acquire it with the Land Acquisition Act, which makes it even more limited.
How is rental stamp duty in Singapore calculated?
What should I consider before buying a second property in Singapore?
What is Total Debt Servicing Ratio (TDSR)?
Lenders use TDSR to evaluate your financial situation and assess whether granting you a loan would be a risky decision. That is why it’s essential to consider your total debt obligations when applying for home loan, as it could affect the amount you are allowed to borrow. It is a cap on the total amount an individual can borrow when applying for a home loan. To protect borrowers from financial burden, a maximum limit has been set for (TDSR). This means that such debts should not exceed more than 55% of the borrower’s monthly income for both public and private properties. With this measure, it’ll help ensure that loan repayments fit comfortably into their budget.
What is the Loan-to-Value (LTV) ratio?
What is joint tenancy?
What is tenancy in common?
What is buyer stamp duty?
What is additional buyer stamp duty?
In Singapore, there is a type of tax known as the (ABSD) when purchasing residential property. The ABSD rates can be different according to the buyer’s nationality and number of properties they own. Singaporeans who are buying their first property don’t need to pay any ABSD. However, when they purchase their second one, they’ll be required to pay 17% ABSD and 25% for the third and subsequent residential properties. Permanent residents need to pay 5%, 25%, or 30% Additional Buyer’s Stamp Duty (ABSD) for their first, second, and third property respectively. Foreigners buying any residential property are subject to a flat rate of 30% ABSD based on the purchase price.
What is a property caveat?
What should you consider when buying a property in Singapore as a foreigner?
What should you consider when buying a property in trust?
entails taking a few important things into account. Firstly, full payment with cash is required and not through CPF monies. Additionally, it can be quite tricky to acquire bank loans for such purchases. Thirdly, the trust property won’t be able to access any loans from banks. Additionally, it is imperative that the legal and beneficial ownership of the trust property be clearly stated. Thinking ahead, it is wise to factor in potential inheritance taxes and other legal obligations that could result from taking on such a project. Being proactive can help you to make the most of your efforts and ensure you are well prepared.Before you buy a property in trust, it is important to take your time and look into any additional taxes & duties, like the buyer stamp duty of 35%. Consulting with experts and professionals can also be beneficial. The decision should not be taken lightly and should be made after comprehensive consideration.
What are the property cooling measures in Singapore?
In order to cool the market, the government has implemented a few measures such as increased ABSD rates, tighter adherence to TDSR, and decreased SSD. These policies are designed to help ensure stable & sustainable growth in the market. In addition to the existing Buyer’s Stamp Duty (BSD) which is levied on a sliding scale, the ABSD is charged at a flat rate. From 1st January 2021, the rate for top-tier marginal stamp duty for Singaporean residential property buyers has changed from 3% to 4%. This applies to those who are looking to acquire a residential property over $1 million in value. For existing owners, this is an important consideration when making additional purchases. As from 16th December 2021, the TDSR threshold has been tightened from 60% to 55%, while the SSD is lower by 4% across all tiers. These measures are effective in helping to manage debt levels.
What is an option to purchase in Singapore?
In Singapore, an (OTP) is a legally binding agreement between a buyer and seller of residential real estate. This contract outlines the conditions for buying and selling the property. Buying a property has a few steps, one of which is securing an option to purchase. This exclusive right gives the buyer the guarantee that they can buy the property within an agreed period of time. To do so, they must pay a fee – usually 1% for private properties or no more than $1,000 for HDB resale flats. OTP or ‘One-Time Password’ is an important factor to make sure the real estate transaction is secure & legally binding. This is a common step throughout the entire conveyance process, giving both parties assurance of validity.
What are the things you should consider when looking at a floor plans?
What is a deferred payment scheme?
A (DPS) is an agreement designed to give buyers the chance to purchase real estate by paying only 20% of the cost upfront. The seller and buyer will agree on a payment plan for the remaining balance. Buyers have the option of paying the remaining 65% of their home’s purchase price upon obtaining a Certificate of Statutory Completion. This allows them to pay for their property gradually, as opposed to managing two mortgage loans at one time. With a DPS scheme, purchasing a property can be an attractive choice for those with limited funds, similar to taking out an equity release from a standard provider.
What should you consider when investing in a commercial property in Singapore?
When in Singapore, it’s crucial to take into consideration ownership costs, taxes and other associated expenditure. Investing in commercial properties in Singapore may require you to pay GST. You should also bear in mind that industrial properties can only use 40% of their space for non-industrial activities. Investors should take note that commercial properties are exempt from ABSD and no capital gains tax is applicable in Singapore. To ensure success, they should consider engaging the services of a seasoned salesperson to locate an ideal tenant, as well as to assist in negotiations regarding rental yields and lease terms.
What should you consider when getting a home loan in Singapore?
If you are searching for a in Singapore, it is critical to know the total amount you can borrow as well as the related interest rate. Reducing your monthly payments and interest costs in the long-run can be accomplished by making a one-time payment. Run the numbers through a home loan calculator to gauge whether you are able to pay for the regular installments. This way, you’ll be able to accurately decide if this is financially feasible for you. In Singapore, private property buyers normally favour floating-rate mortgage packages when they approach banks for financing.
What should a progressive payment scheme?
Purchasing a new home can often be expensive, which is why the in Singapore is a great idea. It allows people to spread out their payments and make it more manageable. By using PPS, buyers are given the opportunity to divide the total cost of their property into smaller chunks and pay them over a specified period – making it easier for them to manage their budget. It’s a great way to purchase property, as buyers have the convenience of paying in installments as construction progresses. The installment amounts usually come to around 5-10% of the purchase price, making it both cost-effective and convenient. Payment Plan Solutions (PPS) allow buyers to have a much more flexible payment system and greater control over their finances. This helps them manage their money better and easily access the goods or services they need.
What is Mortgage Servicing Ratio?
The Monetary Authority of Singapore (MAS) sets a limit on the amount of money that borrowers can take out via loans to purchase property, known as the (MSR). This is a measure to ensure that people don’t overborrow beyond their means.For both HDB and EC flats, HDB-issued loans and bank-issued loans follow an MSR of 30% of the borrower’s total gross monthly income, with a TDSR at a maximum of 55%. To ensure the stability of the property market and protect buyers from excessive debt, individuals need to be careful about their spending and keep track of their financial commitments. These precautions help to keep everyone’s debt under control, allowing for a steady growth in the housing market.
What is the minimum occupation period in Singapore?
Singapore’s HDB has imposed a (MOP) for flat owners. This period is generally five years starting from the date of purchase, while Prime Location Public Housing flats have an MOP of 10 years. Most HDB flats must be occupied by the owner for a minimum of five years before it can be rented out or sold. This rule ensures that owners maintain a residence in the flat they purchased.The MOP applies to all flats bought through the Fresh Start Housing Scheme & SERS Flat – though specific rules may differ in such cases. This rule serves to guarantee that landlords are committed to their homes & tenants/buyers receive a home of high-quality.
What are en bloc sales mean?
in Singapore are essentially a bundle sale of multiple properties to one buyer. This French phrase translates to ‘in a lump’, meaning all the units are sold together by the same purchaser. En Bloc sales are increasing in popularity among residents of older housing developments, with estimates of S$2 billion in total sales in 2021. This agreement is often struck between a property developer and the residents to sell their homes for collective gain. Developers who had a failed En-bloc sale must wait two years before they can start the process again. The entire procedure from launch to close usually takes around one month, and the winning bidder will be announced soon after that.
What does conveyancing means?
what does development charge mean?
Singapore has a (DC) system, which imposes taxes on developers for any increase in the land value that results from the State approving a higher-value development project. Developers are liable to pay these charges to the government when constructing projects that incrementally raise the land value of a particular area. From August 1, 2022, the Land Betterment Charge will take over from Differential Premium, Development Charge & Temporary Development Levy. TThis new fee applies to the land’s geographical area and its intended use. This means that all planning authorizations The cost of obtaining necessary permits, barring the subdivision of land, may be high and act as a deterrent for developers looking to buy land fromproperty owners. This could consequently have a negative impact on the plot ratio enhancement efforts. DC is an invaluable source of income for the government, enabling them to finance initiatives like infrastructure & urban renewal. It’s a great way to ensure that society benefits from the revenue generated.
Can I use CPF to pay for stamp duty in Singapore?
In Singapore, you can use funds from your Central Provident Fund (CPF) account to pay for stamp duties and Additional Buyer’s Stamp Duty (ABSD). When purchasing a resale property, it is initially required to pay in cash. Later, you may use your CPF funds to reimburse yourself. You can also pay for legal fees and stamp duties with your CPF Ordinary Account. You can be reimbursed for your expenses in cash by using your CPF funds. This means that you first pay up and then use the funds from your CPF to get back the amount you spent. As CPF funds can be used to pay for stamp duty, it’s essential to be familiar with the terms and conditions of the Private Properties and Public Housing Schemes. To ensure you make an informed decision, consulting a legal professional is highly recommended.
Can I pay for the property downpayment using CPF?
You can make use of your Central Provident Fund Ordinary Account to pay for a property downpayment. It is the perfect way to save up and invest in owning a property HDB flat buyers who opt for an HDB loan must make a 15% downpayment, which can be fully funded from their CPF savings. For those who are using a bank loan to purchase private property, there would be a need for them to make at least 25% of the payment in advance. This amount can be funded partially by up to 20% of their CPF Ordinary Account (OA). The last 5% of payment needs to be paid in cash.
Are we allowed to use CPF to pay for the mortgage?
Can I use CPF to pay for stamp duty in Singapore?
In Singapore, it is possible to use your CPF savings to pay for stamp duty and ABSD when purchasing a new property. For resale properties however, you will need to pay in cash first and then recover the amount from your CPF account. It is possible to fund legal fees and stamp duties from your CPF Ordinary Account by way of reimbursement. This means you can use your CPF money to reimburse yourself after paying up in cash first. CPF funds may be used to pay stamp duty but with conditions, which is why consulting a legal adviser is key. It’s best to look into the terms and conditions under the Private Properties and Public Housing Schemes before making any decisions related to this.
What is power of attorney?
(POA) is a legal document that gives one individual the authority to act on behalf of another. This is an effective way for someone to assign another person with making decisions or taking actions on their behalf. By signing this document, the designated person will be empowered to make decisions in regards to the individual’s finances, healthcare and other related matters. By appointing someone to act on your behalf and legally bind the power of attorney, they can be referred to as an agent or attorney-in-fact. In order for it to be a legitimate agreement, both parties must sign in the presence of a witness and have it notarized.When assigning Power of Attorney, it is crucial to identify an individual who is reliable and knowledgeable as they will be entrusted with a great deal of authority over the principal’s personal matters.
What is the purpose of a rental tenancy agreement?
A is a significant part of any landlord-tenant marriage. It is a legally binding contract that defines the rights and duties of both sides to ensure a secure & effective rental arrangement. The tenancy agreement is beneficial for both landlord and tenant as it outlines the basics of their arrangement. Items such as rent, length of stay, maintenance obligations and other important details are included in the contract to safeguard each party’s interests. By setting out expectations clearly, it eliminates confusion and makes sure that everyone is aware of their responsibilities. This can help reduce the chances of conflicts breaking out.
What is the purpose of sales and purchase agreement?
(S&PAs) in Singapore are tailored to each real estate deal, outlining the details of the sale & purchase between a buyer and seller. These contracts serve to establish a fair, legal basis for the transaction. This contract clearly outlines the rights, responsibilities and duties of both parties involved in the transaction. It covers important details like purchase cost, payment plan, expected delivery date and any other pertinent information related to the deal. The S&PA must abide by the Law Society of Singapore’s Conditions of Sale (COS) and should also feature an Option to Purchase. When both parties sign it, they are legally obligated to keep their respective duties as stated in the agreement.
What is in principal approval?
How is property tax calculated?
In Singapore, is determined by multiplying the Annual Value (AV) of the property with the respective Property Tax Rate. The Annual Value (AV) of the property is derived by computing the product of its monthly market rent and 12. The taxation rate for any given property can be dependant on a few factors, such as if it is owner-occupied or non-owner-occupied, and its Annual Value.Non-owner-occupied properties with an annual value of $36,000 are charged 11% of the first $30,000. This translates to $3,300 in taxes and can be easily calculated using online tax calculators.
What are bridging loans?
What does property decoupling mean?
What are the options to purchase a Singapore property in Singapore without paying additional buyer stamp duty?
Singaporeans searching for a (ABSD) can explore a few options available to them within the country. Executive Condominiums (ECs) have become a popular choice for buyers due to the fact that they are exempt from Additional Buyer’s Stamp Duty (ABSD), meaning that no extra costs need to be incurred. Alternatively, it is possible to split the ownership of the property so that one partner owns their first home on their own, while the other buys their first home by themselves. This could be an advantageous solution for couples looking to buy a new property. For those looking to avoid the ABSD, the option of selling one and buying two properties could be considered. Additionally, investing in a commercial property is also a viable alternative that can help sidestep this levy. No matter which option you decide to go with, it’s always a good idea to get expert advice before taking any action. Consulting a professional can ensure that your decision is informed and informed decisions are always the best ones.
What should you consider when purchasing your first property?
Singapore’s property market can be intimidating, especially when you are . Price is a key factor that needs to be factored in, as well as other important elements such as location and amenities. When looking for a new property, it’s important to make sure that you can afford the payments now, and will not find yourself stretched too thinly in the future. So it’s important to be aware of your budget and ensure that your purchase fits comfortably within those parameters. When it comes to finding a home, you should think about if an HDB resale flat or private property will best match your needs. Considering this might be beneficial to you in the long run. When deciding between buying or renting a property, there are key advantages and disadvantages that should be taken into account. One should also take into account their immediate plans of moving in or out of the place after purchase. If you’re not having any luck with purchasing a BTO, it might be a good idea to look into getting a resale flat instead. Taking your personal needs, budget and other factors into account can help make sure that you get the right property for you in Singapore.
What does plot ratio mean?
is an important metric when it comes to land utilization. In basic terms, it is determined by dividing the gross floor area of a building by its land size. This helps measure the intensity of usage for that particular piece of land. Land use intensity is a method to determine how much construction purpose a particular terrain can serve, including the possibility of erecting high-rise buildings & skyscrapers. Gross Plot Ratio is a metric used to establish the utmost total floor area that can be constructed on any particular piece of land. It is imperative to be aware of the GPR and story limits for any kind of development, such as for an educational institution, so that all development projects abide by the law and are done properly.
What should I consider when buying a resale condominium?
What are the steps for buying a new launch condominium in Singapore?
What do SIBOR rates mean?
In Singapore, SIBOR () acts as a standard for interbank lending activities, being the average rate of money loaned by Singaporean banks to one another. It is employed to set the rate for derivative prices in the market. Banks use the interbank rate to figure out how much it will cost them to borrow money from other banks in the interbank market.Furthermore, SIBOR plays a significant role in synthetic borrowing of Singapore dollars. By borrowing US dollars and exchanging them for SGD in the foreign exchange market, it can effectively help you get access to the necessary funds. It’s an important factor that shows how much it costs to borrow money in Singapore.
What are the property investment option available?
in Singapore yields a variety of options. The buy-and-sell strategy is gaining traction due to its potential for significant returns. It involves purchasing a property and waiting until its value rises before reselling it for a profit. Investing in a physical property for rental purposes is one of the best strategies for generating an income stream. You can also opt to invest in real estate funds, which enable you to benefit from the appreciation potential of real estate without having to purchase a physical property. Singapore’s property market offers generous tax incentives for investors, making it an intelligent choice for anyone seeking to reap long-term financial rewards. Such a strategy has high potential and can bring in great returns in the future.
What should you consider when getting an executive condominium in Singapore?
What are the responsibility of a property lawyer?
A looks after the legal aspects of a real estate transaction. This includes handling mortgage documents, transferring properties, inspecting and leasing, as well as drafting the necessary paperwork for such transactions. They are knowledgeable in this field and can help you go through the process with ease. Property lawyers are a must-have in real estate, protecting their clients’ interests throughout the process. They work to secure an equitable price for any property involved and make sure that all the necessary formalities and protocols are adhered to when purchasing or selling property. Property lawyers are immensely valuable for those intending to purchase or sell real estate, due to their immense knowledge in the area.
What is the CPF retirement sum in Singapore?
Singaporean citizens who are members of the Central Provident Fund (CPF) are eligible to receive a when they turn 55. This sum comprises three parts: the Basic Retirement Sum (BRS), Full Retirement Sum (FRS) and Enhanced Retirement Sum (ERS). If you are aged 55 or above, the BRS will be $99,400 in 2023 as the minimum amount that must be saved for your retirement. The FRS is $198,800, doubling the Base Rent Supplement of $99,400. Similarly, the ERS is three times the BRS equalling to $297,200. BRS pay-outs are positively adjusted over the years, to ensure that retirees are provided with sufficient coverage for their essential living costs during retirement.
What do you need to consider when renovating your home?
Before beginning a , it is essential to consider the details. An important factor to consider is the size of your residence. If your living space is large, you have the opportunity to implement more extensive renovations. On the other hand, if it is a bit more modest in size, then making smaller changes can be beneficial and will help avoid overcrowding. This way you can make the most of the space you have! Budget is an essential factor when thinking about a renovation, so make sure to keep that in mind. Setting expectations with the interior designer beforehand and staying in contact throughout the project can also help prevent costs from going over the projected budget. Taking your time is essential with any renovation project; rather than rushing, take some time to experience the space and figure out which changes will result in a cosier atmosphere.
What does sub-sale mean?
When someone purchases a property from a developer and then decides to resell it, that is known as a ‘sub-sale’. This usually happens when the original buyer no longer wishes to hang on to the unfinished unit. According to the Urban Redevelopment Authority (URA), a sub-sale is when an individual signs a deal with the developer to purchase a unit and then put it up for sale.For this deal to be finalized, both sides must meet certain prerequisites. Before the sub-sale can be complete, there needs to be permission from the relevant governing bodies and appropriate documentation needs to be filed, including a TOP & CSC. Once all the conditions are met, ownership can then be passed over.
What does Gross Floor Area mean in Singapore?
Gross Floor Area (GFA) is an essential parameter used to determine the intensity and density of a property development. It’s a required metric to adhere to plot ratio measures and be able to accurately compute them.The floor area is the total space covered by rooms, including the width of external walls, calculated from the halfway point of party walls.This measurement not only considers the enclosed areas for commercial use, but also any unsheltered locations including pedestrian walkways, pavements, planting boxes and residual spaces (which consist of three-sided enclosures). GFA plays a major role in deciding the maximum area that can be developed on a particular piece of land. It is one of the most influential criteria for figuring out how much can be done with a particular plot of land.
What is the difference between a strata title development and a non-strata title development?
Strata title developments have a lot of benefits, the main one being that each owner gets their own certificate of title. Moreover, an owner’s corporation or body corporate is responsible for maintaining the property as opposed to non-strata title developments. On the flip side, non-strata developments lack a legal entity to oversee common property. In order to ensure functioning of these developments in an efficient and effective manner, the Building Maintenance & Strata Management Act (BMSMA) is drafted in order to provide assistance.
What does 'Dual Key' mean in condo terms?
A dual key condo is an innovative type of real estate property with two distinct homes under one roof. Generally, the main unit is bigger and the other one is a sub-unit. Usually, both sections of the two dwellings include a bedroom, bathroom, kitchen and living area. Plus, they have a common main entranceway and foyer to access them. Dual key condos provide a great opportunity for both homeowners and investors. The main unit can function as your primary residence while the sub-unit can be used for rental income or for additional family members. In this way, you can enjoy multiple advantages of the arrangement.
The abbreviation "PES" in floor plan stands for what?
PES stands for Private Enclosed Spaces and refers to the outdoor areas surrounding a house or flat situated on the ground floor. When calculating the GFA (Gross Floor Area) of a property, the Master Plan allows bonus GFA up to 10% by including PES (Private Enclosed Spaces). These could be private roof terraces (PRT) as well. Understanding these terms can help homeowners get a better comprehension of their condo/HDB floorplan.
What is the difference between cluster house and townhouse?
One major distinction between a cluster house and townhouse is their design. Cluster homes usually have multiple units in a single building while townhouses may consist of multiple dwellings side by side or arranged over several floors.Townhouses are typically situated in close proximity, connected via a shared party wall, whereas a cluster house usually occupies a much larger area. Townhouses usually have lots ranging from 5,000 to 10,000 square feet in size, whereas cluster homes are usually situated on bigger plots of land. Cluster housing & strata title management are two different concepts. Whereas the former involves multiple dwellings in close proximity, the latter involves having a Management Corporation to look after the upkeep & maintenance of the entire community.