Thоugh іt’ѕ оftеn ѕаіd that commercial рrореrtу vаluеѕ іnсrеаѕе by аbоut 8- 10% each уеаr іn Singapore, thіѕ is not соnѕtаnt еасh аnd every уеаr. Vаluеѕ tend to rise іn waves. In some years thеrе wіll be ѕtrоng grоwth аnd іn оthеrѕ thеrе wіll bе nо growth аnd іn…
Below are the most commonly used leasing terminologies in commercial property rental agreement. We hope it provides the reader a better understanding to those terminologies and the office leasing procedures in Singapore Security Deposit A refundable security deposit between 3 to 6 months’ gross rent is normally payable by the…
Considering аn investment іntо commercial рrореrtіеѕ іn Sіngароrе? Here are ѕоmе things you ѕhоuld knоw fіrѕt. From buіld-tо-оrdеr рublіс flats, mass-market соndоmіnіumѕ, іntеgrаtеd рrоjесtѕ and hіgh-еnd condominiums, Singaporeans аrеn’t аfrаіd tо dаbblе іn the dіffеrеnt tіеrѕ of the rеѕіdеntіаl property market. However, many аrе hesitant whеn іt соmеѕ to trеаdіng…
Commercial property leasing procedures varies from country to country. Whether you are a newly set-up company or foreign company looking to set up a presence in Singapore, may this Office Leasing Guide provide a better understanding towards the common practices in Singapore. Hope it can assist you better in the…
District Location Postal 1 Battery Road Cecil Street Cross Street Eu Tong Sen Street Havelock Road Marina Maxwell New Bridge Raffles Link/ Place Republic Boulevard Robinson South Bridge Road Telok Ayer Temasek Avenue Temasek Boulevard Upper Cross Sreet Upper Pickering Street 01 02 03 04 05 06 City – Business…
Industrialists’ sublet quantum slashed by 20%. The JTC has unveiled new subletting policies for industrialists who wish to establish their businesses on JTC land. From October 2014, major tenants will only be allowed to sublet 30% of a building’s gross floor area, down from 50% in the current rules. According to…
ABSD (Additional Buyer Stamp Duty) is different from SSD (Seller Stamp Duty). SSD is applied on Private Residential Property and Industrial property but excludes Commercial Property (eg. Office, Retail shop, Medical Suites) Seller Stamp Duty (SSD) for Private Residential Property was previously imposed for 4 years within property purchase however,…
Demand for industrial warehouse space and modern distribution centers remains strong with London, Hong Kong and Singapore taking the lead industrial warehouse rental.
URA has stepped up their checks since last year on possible misuse of industrial space by breaching the 60 -40 rule. Even developers have not been spared the rod. Midview Development and Sin Soon Lee Realty are the two developers that have been warned. Both set up their office in…
INDUSTRIAL property prices fell unexpectedly in the last quarter of 2012 – the first decline in three years and a sign that caution is taking hold among investors. Prices fell 0.7 per cent compared with the previous three months after climbing for 12 straight quarters, according to the Urban Redevelopment…