Category Archives: Uncategorized

Use of CPF savings for purchase of land and construction of house – property for sale Singapore

Posted on 15/12/2014 by albertlu

Use of CPF savings for purchase of land and construction of house – property for sale Singapore a) A member is not allowed to use his CPF savings to pay directly for the land cost and the construction costs of the … Continue reading →

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Staggered Downpayment Scheme – HDB flats for sale

Posted on 24/09/2014 by albertlu

Staggered Downpayment Scheme – HDB flats for sale The current downpayment for flat buyers who take a housing loan from the HDB or financial institutions (FIs) in the flat purchase is 10% and 20% respectively. Under the Staggered Downpayment Scheme, … Continue reading →

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Step-Up CPF Housing Grant – HDB for sale

Posted on 11/09/2013 by albertlu

Step-Up CPF Housing Grant – HDB for sale Previously, housing grants were only available to first-time buyers of HDB flats. Second-time buyers of subsidised flats are also subject to the resale levy. The resale levy reduces the subsidy on the second … Continue reading →

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What is restricted residential property under the Residential Property Act – Real estate for sale in Singapore

Posted on 22/02/2013 by albertlu

What is restricted residential property under the Residential Property Act – Real estate for sale in Singapore A foreign person cannot acquire or purchase restricted residential property unless he obtains the prior approval of the Minister for Law. Such property … Continue reading →

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Acceptance – Factory for rent in Singapore

Posted on 18/01/2013 by albertlu

Acceptance – Factory for rent in Singapore When an offer is accepted, a binding contract is formed between the offeror and the offeree.  Acceptance of the offer by the offeree must be: Factory for rent in Singapore. (1) unqualified – … Continue reading →

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ABSD for all residential properties – Home for sale in Singapore

Posted on 13/01/2013 by albertlu

ABSD for all residential properties – Home for sale in Singapore Home for sale in Singapore – The new Additional Buyer’s Stamp Duty (ABSD) rates take effect from 12/01/2013 based on date of OTP. If the OTP is dated on or … Continue reading →

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Penetration pricing – Home for sale/ rent in Singapore

Posted on 09/01/2013 by albertlu

Penetration pricing – Home for sale/ rent in Singapore In penetration pricing, the organisation sets a low price for a start to increase sales and market share. Once market share has been captured the firm may then increase their price. For … Continue reading →

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Buyer’s legal fees – Property in Singapore for sale

Posted on 14/12/2012 by albertlu

Buyer’s legal fees – Property in Singapore for sale Property in Singapore for sale – Legal fees are no longer regulated. The buyer is advised to shop around for competitive rates. The estimated legal fees acting for the buyer plus … Continue reading →

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JTC terrace workshop – Singapore factory for sale

Posted on 02/12/2012 by albertlu

JTC terrace workshop –  Singapore factory for sale Located in 10 industrial estates, e.g. Jurong Port, Kallang Place, Kranji Loop, Pandan Loop, Penjuru Close, Pioneer Road North, Tai Seng Avenue, Tuas Avenue 13, Ubi Road and Yew Tee. These are low-rise … Continue reading →

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Types of JTC properties – Properties for sale in Singapore

Posted on 02/12/2012 by albertlu

Types of JTC properties – Properties for sale in Singapore JTC provides a range of property types: Properties for sale in Singapore. Prepared industrial land Standard factory Stack-up factory Flatted factory

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Comprehensive resolution – Warehouse in Singapore for sale

Posted on 28/11/2012 by albertlu

Comprehensive resolution – Warehouse in Singapore for sale Unlike resolution by consensus, this resolution does not require the consent of all the SPs. The resolution can be passed if the SPs in favour of the motion make up at least … Continue reading →

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Option to extent clause – Property in Singapore for sale

Posted on 17/11/2012 by albertlu

Option to extent clause – Property in Singapore for sale The option to extend clause gives the tenant the first rights to extent the tenancy for a further term of another fixed period as stipulated in the tenancy. Once this … Continue reading →

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