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Property curbs make leap harder for first-time buyers, upgraders

The latest round of property curbs has come as a surprise to buyers as well as developers, who have greeted the new rules with unhappiness. Developers, in particular, have been hit with a higher Additional Buyer’s Stamp Duty (ABSD) – 25 per cent instead of 15 per cent – and an extra ABSD of 5 … Continue reading Property curbs make leap harder for first-time buyers, upgraders

What the cooling measures mean for the private property market

The government is perhaps of the view that the best way to safeguard the health of Singapore’s property market and prevent it from overheating is to nip the exuberance in the bud. The demand-side measures announced on Thursday (July 5) could be the most draconian since the anti-speculative measures in 1996. Although it is just … Continue reading What the cooling measures mean for the private property market

Twenty Anson sold for $516m in biggest office property deal this year

The 20-storey Twenty Anson in Tanjong Pagar is believed to have been bought by a foreign private equity fund from CapitaLand Commercial Trust.PHOTO: CAPITALAND COMMERCIAL TRUST CapitaLand Commercial Trust (CCT) is selling Twenty Anson, a 20-storey office building in Tanjong Pagar, for $516 million in the largest office real estate deal so far this year. … Continue reading Twenty Anson sold for $516m in biggest office property deal this year

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