I. Introduction Singapore's low tax rates have earned it the reputation of being a magnet for businesses and investors worldwide. With its attractive tax regime, the nation has positioned itself as an ideal destination for companies aiming to maximize profitability and establish a foothold in Asia. This blog post delves into the appeal of Singapore's low tax rates, examining the advantages and benefits...
Singapore's pro-business environment has established itself as a global business hub. That is why it attracts investors worldwide. Its exceptional infrastructure, taxation policies, and economic progression foster a thriving business ecosystem. Moreover, Singapore's extraordinary air connectivity makes it a gateway to the global market. The country's excellent infrastructure, including its connecting...
Imagine a Singapore where green spaces thrive, clean energy powers the city, and sustainable living is the norm. This vision is not a distant dream, but the ambitious goal set by the SG Green Plan 2030. As we embark on this journey towards a sustainable future, let’s explore the key elements of the SG Green Plan 2030 and the potential impact it holds for Singaporean society. Source: Ministry of...
China buyers' interest in Singapore real estate has significantly increased in recent years. This pattern displays the rising awareness and interest in Singapore's real estate market as a desirable investment choice.A growing number of Chinese investors are attracted to Singapore's real estate because of the country's economic potential, supportive public policies, political stability, robust...
Marina Bay in Singapore is a bustling hub of activity with so much to see and do. Whether you're a local or a tourist, there are certain things that you simply can't miss when visiting this iconic destination. From stunning views to delicious food, there's something for everyone at Marina Bay. But with so much going on, it can be hard to know where to start. That's where this guide comes in. In this...
If you're thinking about buying a condo in Singapore, one of the most important things you need to consider is your budget. But how much do you actually need to earn to afford a condo in this bustling country? With the high cost of living and the ever-increasing prices of property, it can be challenging to determine how much you should be making to live comfortably while still being able to afford your...
Highlights The condo downpayment required in Singapore is 25% of the total purchase price. The remaining 75% of the total purchase price can be covered by your bank loan if it is eligible. Additional Buyer’s Stamp Duty (ABSD) is a tax imposed on certain buyers, ranging from 5% to 60% of the purchase price, depending on the buyer's profile and the number of properties owned. Buyer's Stamp Duty...
Real estate investment has long been recognized as a lucrative avenue for wealth creation and financial security. In this blog post, we will explore the diverse real estate investment opportunities available in Singapore and how investors can benefit from them. Known for its robust economy, strong legal framework, and stable property market, Singapore offers a favorable environment for both local and...
The Total Debt Servicing Ratio (TDSR) is a financial regulation introduced by the Singapore government in 2013 to promote responsible borrowing and prevent excessive debt burdens. It limits the amount individuals can spend on monthly debt repayments, such as student loans, car loans, and personal loans, to 55% of their gross monthly income. Previously set at 60%, the TDSR was revised to 55% on 16 December...
Highlights Leasehold properties may be more affordable but the value of a leasehold property decreases as the lease term gets closer to expiration. Freehold properties may be more expensive upfront but can offer better long-term value. Buying a freehold vs. leasehold property should be based on individual circumstances and long-term goals. About Singapore Property Background Buying a...