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BG Tan Yih San will assume the appointment of Chief Government (CE) of the Mental Property Workplace of Singapore (IPOS) with impact from 1 June 2011. He succeeds Ms Liew Woon Yin, who has served as CE, IPOS since 1 April 2001. Ms Liew will return to the Singapore Authorized Service.

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We eradicated estate duties in 2008 as its best impression was not on the wealthiest individuals, who tended to handle their financial belongings globally. In doing so, the Authorities defined that property tax can be retained as the only wealth tax as it could possibly be structured extra equitably, with the house owners of extra precious properties paying more. We additionally do not levy wealth taxes on any other forms of wealth such as money or fairness for practical causes - monies can easily be shifted to related property in different financial centres, and such taxes will impact Singapore's competitiveness as a monetary centre.

You've gotten an present mortgage abroad. This can be a scenario confronted by many foreigners in Singapore trying to purchase Singapore real estate. The ruling for 60% LTV cap on your 2nd mortgage applies on Singapore mortgages only. So even if you are an expatriate and have an existing mortgage loan in New Zealand, United Kingdom, and many others, your 1st mortgage loan in Singapore nonetheless qualifies for eighty% mortgage to worth ratio. Seeking to Hire or Buy a Singapore Rental? SINGAPORE - As property prices in Singapore continue to tumble, one of many country's biggest builders posted disappointing earnings while one other said it should increase capital to protect itself against the downturn. Find out how to pre-register for Singapore property sales previews alone? New Apartment 2014 in Might

He'll then officially launch the development for sale, usually with publicity and advertisements in the major newspapers. A large improvement might even benefit a media campaign. There may be also normally a showroom, with models and showflats, the place the preview takes place. Often attended by savy traders & experienced property patrons, as this is where probably the most worth-for-cash choicest picks are to be had. The "early bird gets the worm". TheMidtown is a blended development close to Hougang MRT. It is ex-Hougang Plazaand will comprise of flats constructed above commercial shops, duplexrestaurants and a supermarket. VVIP Preview Quickly! Register Now. Here is the start to how we are able to begin our journey as investors utilizing property possession to create a supply of passive income.

The Peak @ Cairnhill - is the next upcoming Residential condominium in Singapore District 9. It is a Uncommon Freehold Growth that can outshine the Read Extra b) Singapore Everlasting Residents (SPR) who already personal # 1 or extra residential properties would have to pay ABSD of 3% on the purchase or acquisition of one other residential property. SGDeveloper.com showcase exclusive developer new properties launches in Singapore or overseas. Our crew of skilled actual estate consultants from numerous companies will provide help to in securing your new dream home or in your property investment needs. N ew Condo new launch singapore Urban Vista Tanah Merah Launch 2013 Wishing you one of the best in your search for that supreme new launch property in Singapore! Click here to read property market news

For Mark Shen, 36, the brand new MAS regulations have dented his upgrading plans. He lives together with his wife Annie and two daughters in a resale HDB flat. "We might deliberate to purchase a three-bedroom apartment by taking the maximum bank mortgage and stretching it over the longest period we are able to. However with these new measures, the mortgage quantum we now qualify for can in all probability solely get us a two-bedroom unit," says Mark. short time period gains. The impression of the SSD is especially significant as it is payable regardless whether the property is finally bought at a acquire or loss. RESIDENCE consumers will now must stump up even more money upfront after the Government moved to cool the property market in an setting of "terribly low" rates of interest. Queenstown Condominium by Hong Leong & CDL