JTC New Subletting Rules From Oct 2014

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…

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ABSD and SSD FAQ

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,…

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