Category: Singapore Property Market News

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Blossoms By The Park Preview sold 73% on preview day

Posted by Shawn Teo | May 2, 2023

By the end of the business day on April 29, EL Development had sold over 200 of the 275 units in...

Singapore double Additional Buyer Stamp Duty to 60% for foreigners

Posted by Shawn Teo | Apr 27, 2023

On Thursday (Apr 27), the extra buyer’s stamp duty (ABSD) for non-Singaporeans purchasing a residential property in Singapore was raised from 30% to 60%.

Tembusu Grand Condo sold 340 units on preview day

Posted by Shawn Teo | Apr 10, 2023

According to a statement issued on Sunday by City Developments (CDL) and MCL Land, Tembusu Grand,...

IRAS probing into 99-1 property transactions

Posted by Shawn Teo | Apr 8, 2023

The Inland Revenue Authority of Singapore (Iras) is looking into real estate transactions as part of an audit to find instances of stamp duty tax avoidance.

Tembusu Grand to start its preview from $2,296psf

Posted by Shawn Teo | Mar 23, 2023

The 638-unit Tembusu Grand’s sales gallery will open for public preview on March 24. Sales are expected to begin on April 8. Tembusu Grand is a private condominium built by reputable developers City Developments Ltd (CDL) and MCL Land.