During the recent weekend's National Day Rally, a new series of classifications for upcoming BTOs was unveiled, slated to commence from the middle of 2024. It's important to note that these adjustments will exclusively impact new projects, leaving existing projects untouched. Delve into how these modifications could affect you regardless of whether you're a current homeowner or a prospective homebuyer.

The persistent concern of residents in Singapore has centered around the availability and affordability of housing. The escalation of prices in both private properties and the HDB resale market, resulting in considerable buyer apprehension and triggering the enforcement of several cooling measures, has been offset by recent data reflecting a tendency toward price moderation in both these sectors.

The latest round of cooling measures announced on late Wednesday, 26th April further raises the ABSD (Additional Buyer’s Stamp Duty) for those purchasing their 2nd home onwards. Continue reading to discover the precise extent of this increment and how it could impact your property buying decisions, along with other updates to the real estate market you should know about.

The FY2023 Budget Statement delivered on 14 February, Valentine’s Day this year mainly ‘revolved around moving forward in a new era’. Alongside the introduction of a list of support measures for Singaporeans and better equipping workers, one change that affected the real estate industry was the increase in Buyer's Stamp Duty (BSD) rates for higher-value properties. Read on to find out more about how this would affect you, along with other changes to existing housing policies.