Furthermore, ABSD charges are set to apply even if only a single unit goes unsold. The developers will still be liable for the 15 per cent tax duty even for the single unit. This is a sharp contrast to the application of QC extension charges which are more flexible and progressive, especially in the first year they kick in.
One way that developers can counter ABSD charges is by buying the unsold units themselves when the number is manageable according to Ms. Christine. They will still pay the ABSD charges for the units, so it is imperative to investigate if such a move is fiscally sound.Buyers are the biggest winners, as they are looking forward to reduced house prices in the coming quarter as developers rush to avoid ABSD charges. However, once a developer meets the deadline, it is highly unlikely they will offer the same discounts. There are schools …

A statement from Keppel Corp on the Singapore Exchange website announced the realty mogul, Keppler Land acquisition of 22.4 per cent stake from BGG Holdings, Perennial Singapore Investment Holdings and Imagine Properties, a subsidiary of Bread Talk Group, for a value of $51.4 million.
Alpha Asia Macro Trends Fund (AAMTF) holds the remaining 77.6 percent mall stake, under the management of Alpha Investment Partners. Alpha Investment Partners also serves as a property fund management vehicle for Keppel Land.

Sengkang General and Community Hospital Sengkang EC

The Chief Executive Officer at Keppel Land was quoted saying that the company aims to focus on solidifying the mall’s position as a “lifestyle and dining destination in the east.” Shoppers at the mall should expect a unique experience according to Ang Wee Gee. He also emphasized on the fact that Keppel Land’s investment in 112 Katong was a valuable addition to Keppel Land’s realty …