Government cuts land supply in 2H 2019

The Ministry of National Development (MND) has reduced the overall supply of private homes under the 2H 2019 Government Land Sales (GLS) programme, as a result of a decline in demand followed by the last round of property curbs and an…

Amber Park set for preview over this weekend

The 592-unit freehold luxury condominium Amber Park is set to open its showflat doors for preview this weekend (27 & 28 April 2019). It is joint-developed by City Developments Ltd (CDL) and Hong Realty, who acquired the site back in…

Mandarin Gardens en bloc sale falls through

Despite raising the asking price to record-high of $2.927 billion, only 68 percent of the owners at Mandarin Gardens have given the nod for the en bloc sale to proceed. The collective sale agreement was due for expiry on last Sunday (24…

How To Avoid ABSD?

Ever since the Additional Buyer's Stamp Duty (ABSD) in Singapore was introduced back in December 2011, there has been an increasing number of property buyers looking for ways to avoid paying ABSD. For most cases, these groups of buyers are…