Author: inewstv

The Singapore government has implemented a series of cooling measures in the property market, which has caused investors to look towards executive condominiums (ECs) instead of private condos as an investment option. These measures, which include the Additional Buyers Stamp Duty, the Total Debt Servicing Ratio, and the Seller’s Stamp Duty, have been implemented to ensure that property prices remain stable and that the market does not become overheated.

The Additional Buyers Stamp Duty (ABSD) is a tax imposed on buyers of residential property in Singapore. This tax is calculated as a percentage of the purchase price of the property and is applicable to all residential properties, including ECs. Under the ABSD, Singaporeans, Singapore permanent residents, and foreigners are subject to a 3%, 5%, and 10% rate respectively. In addition, there is an additional 5% tax for Singaporeans and Singapore permanent residents who purchase their second or subsequent residential property.…

Qingjian Realty is set to launch a new Executive Condominium (EC) project in the Bukit Batok West Avenue 8 area of Singapore. Located in the western part of the city and situated in a tranquil neighbourhood, the new Qingjian Realty EC will be a great living option for those who want to enjoy the city life without having to deal with the hustle and bustle of the central area.

The new Qingjian Realty EC will be a two-tower development with a total of 527 units. The units will range from one-bedroom to five-bedroom, providing a range of options for potential buyers. The development will also feature a range of facilities, such as a gym, swimming pool, tennis court, clubhouse, multi-purpose hall, and BBQ pits. The development will also have a commercial area with shops, restaurants, and other amenities.

The new Qingjian Realty EC is conveniently located near Bukit Batok MRT …

Bukit Batok is an area in Singapore that has become increasingly attractive to investors in recent years. Located in the West of Singapore, it is close to major transportation hubs, shopping malls and other amenities. It also has a wide range of housing options, from HDB flats to private homes and condominiums. As a result, Bukit Batok is becoming a popular destination for investors looking to benefit from the potential of the real estate market.

The primary reason why investors are keeping a close lookout for developments in Bukit Batok is its potential for capital growth. This is because the area has seen steady growth in the past few years and is expected to continue to do so in the future. This is due to the area’s strategic location and the presence of several amenities and infrastructure in the area. As a result, it is an attractive option for investors …