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Singapore has a unique function here. Among the many mass market condominium new launch, there's a category of condominiums as executive condominiums (EC) sub-set. An EC is a mixture of private and non-private housing introduced by the federal government. They are cheaper than personal properties on the affordability of Singaporeans do justice to, particularly younger professionals who strive for personal housing but find prices of private property out of their attain. So for those who've ever questioned why there seem to be so many "developer's group" sales workers round in such Singapore property sales, properly, that is why. For extra information and analysis on Singapore Budget 2013, click right here for ST's Large Story protection. RB Capital Group set to rebrand the Gallery Resort in Singapore Serviced apartment

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The knowledge provided is for common information functions solely and is not intended to be personalised funding or financial advice. Motley Idiot Singapore contributor Stanley Lim does not own shares in any firms mentioned. Singapore personal dwelling costs elevated by 1.8% within the fourth quarter of 2012, up from zero.6% in the previous quarter. Resale prices of presidency-constructed HDB residences which are usually bought by Singaporeans, increased by 2.5%, quarter on quarter, the fastest achieve in five quarters. And industrial property, prices are actually double the degrees of three years in the past. No withholding tax should you sell your property. All your local information regarding important HDB policies, condominium launches, land development, commercial property and more

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