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2021

Singapore buyers prefer homes with more living space

Singapore buyers prefer homes with more living spaceThe changes brought on by the COVID-19 pandemic has resulted in a preference for larger homes that are closer to amenities such as gyms, parks, and schools.  After being cooped up at home and adapting to work from home arrangements, the COVID-19 pandemic has prompted Singaporeans to look for homes with more living space. Knight Frank’s Global Buyer...

Foreign worker levy rebates, waiver for some employers extended until March 2022

About 15,000 firms will benefit from the foreign worker levy rebates which have been extended until March 2022. Some of the employers in Singapore will have a reason to cheer as foreign worker levy rebates and waivers are extended into next year amid the continuing effects of the pandemic. The $250 foreign worker levy rebate for all work permit holders in the construction, marine shipyard and process...

En bloc hopefuls march ahead with tenders despite new curbs

Despite the increased ABSD rates for developers, tenders for properties such as Lakepoint Condominium, Dublin Lodge, Sixth Avenue Centre, Baode Building, and Hillview Terrace will continue. Projects with ongoing collective sale tender exercise continue as planned even as analysts expect the new property cooling measures to take the wind out of the sails of the residential en bloc sale market, reported...

S-Reits generate 6% total returns in 2021 to date

WITH two more trading weeks left for the year, the benchmark Straits Times Index has gained 13 per cent in total returns in 2021 to date (as at Dec 15, 2021). All sectors in the Singapore market have yielded positive total returns led by the energy (63 per cent), financials (30 per cent) and technology (29 per cent) sectors. The Business Times - Read...

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