In Singapore, the majority of properties are leasehold, which means that buyers actually purchase the right to use the property for a fixed period of time, typically 99 years. At the end of the leasehold period, ownership of the property…
On 26 April 2023, the Government announced increases to the Additional Buyer’s Stamp Duty (ABSD) rates, which marks a third round of property cooling measures since December 2021. As stated in the Press Release jointly issued by the Ministry of…
Singapore’s Global Investor Program (GIP) is a unique initiative that attracts high net worth individuals and entrepreneurs looking to invest in the country’s booming economy. The program, introduced in 2004 by Economic Development Board (EDB), provides a pathway for investors…
The Singapore Land Authority (SLA) was established in 1st June 2001 as part of the Singapore government’s plan to streamline and modernize land management in the country. SLA is a statutory board of the Ministry of Law and is responsible…
Singapore has announced that the country is exiting the acute phase of the COVID-19 pandemic and establishing an endemic COVID-19 new norm. The population has developed a high level of hybrid immunity and is well protected from severe COVID-19. The…
Welcome to the world of land registration in Singapore, where efficiency and security are at the heart of the real estate industry. In this article, let’s delve into the fascinating Torrens System, a revolutionary method of land registration that has…
In the ever-evolving digital era, Singapore has emerged as a trailblazer in embracing technological advancements and creating a robust legal framework to support digital transactions. The Electronic Transactions Act 2010 (ETA) stands as a landmark legislation, providing legal recognition and security…