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   * Grand Dunman
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PROPERTYINFO.SG

Propertyinfo.sg is the official website for the latest property launches and
showflats in Singapore! Contact us for the floorplans and layout of any new
launch projects in Singapore.

Info@propertyinfo.sg


BUY, SELL, INVEST, IN SINGAPORE.

Singapore is well regarded for being an excellent location for foreigners,
investors, and entrepreneurs wishing to grow into Asia. A few factors that make
it appealing are its growth into a financial center that promotes trade, strong
infrastructure, and a solid, forward-thinking legal and regulatory environment.


WHY SINGAPORE?


IT IS A MAJOR FINANCIAL CENTER IN ASIA.

Singapore benefits from government policies that present the nation as open to
commerce, draw in foreign direct investment, and welcome the establishment of
international businesses. Singapore is the third-richest country on earth and
the fourth-largest financial hub in the world. The largest foreign exchange (FX)
center in the Asia-Pacific is located there, and it ranks third globally behind
New York and London. With these plaudits from abroad, it should come as no
surprise that the nation is praised as the de facto financial hub of Southeast
Asia.


WHY IS IT IDEAL FOR ENTERPRISES AND CORPORATIONS?

The nation’s Economic Development Board will benefit from incentives and
programs. EDB commits major resources to helping foreign companies and people
establish themselves here and offers top-notch support along the way. If you’re
an international investor, its effective regulatory framework allows it
hassle-free to establish a company or firm.


ECONOMIC ENTRY POINT TO THE WORLDWIDE

Numerous opportunities are presented to investors and enterprises headquartered
here by its close proximity to neighboring nations and important regional
markets. Singapore has a comprehensive 25 free trade agreements in place, many
with significant global markets, thanks to its attitude on supporting
international trade and business. This gives investors and enterprises
headquartered here great access to these significant economies.


TAX ADVANTAGES

The progressive income tax rates that apply to residents of Singapore range from
0% to 22%. At the moment, Singapore does not impose estate taxes, capital gains
taxes, or inheritance taxes. When buying scripless shares listed on the
Singapore Stock Exchange, investors are exempt from paying stamp duties because
the Central Depository (CDP) transfers these shares electronically. The
progressive income tax rates that apply to residents of Singapore range from 0%
to 22%. At the moment, Singapore does not impose estate taxes, capital gains
taxes, or inheritance taxes. When buying scripless shares listed on the
Singapore Stock Exchange, investors are exempt from paying stamp duties because
the Central Depository (CDP) transfers these shares electronically.
Singapore-based companies are subject to a flat 17% corporate income tax rate.
Singapore-based companies can take advantage of a number of tax breaks and
grants


WHY ECS ARE THE BEST INVESTMENT

Given the peak in housing prices in 2022, demand for executive condominiums
(ECs) is higher than ever. Although there are approximately a minimum of 4 ECs
being launched this year, are they the best choice for asset progression? Read
to find out more!

What is an EC?

In Singapore, one of the most prevalent housing kinds is the executive condo
(EC). With comparable amenities and features to private condominiums, ECs in
Singapore are more “atas” than HDB flats and more reasonably priced. Private
developers create and market ECs, but the government provides subsidies. As a
result, they are less expensive than private condos even though they have
condo-like amenities including swimming pools, gyms, clubs, and finer design.




VARIETY OF PROFITABLE OPTIONS TO CHOOSE FROM

HDB resale prices increase by 0.6 % in June 2023 compared to May 2023. Mature
Estates and Non-Mature Estates prices increase by 0.7% and 0.6% respectively, as
compared to May 2023. In terms of room types, 3 Room prices increase by 0.4%, 4
Room prices increase by 0.8%, 5 Room prices rise at 1.0% while Executive prices
decrease by 1.1%. Executive condos will be privatized after their 11th year, at
which point their value will increase and they will be available to a wider
range of buyers. As an alternative, leasing privatized condos can bring in large
revenues.

Executive condominiums are cheaper than private condominiums

when you purchase an executive apartment from HDB during the launch, you are
purchasing a property that has received government funding.

This implies that in addition to getting a condo at a little lower price, you
will also be able to use amenities like swimming pools, tennis courts, BBQ pits,
function spaces, and gyms that are generally found in condos. Additionally, all
ECs include fully functional kitchens and bathrooms as well as finishings
similar to those found in private condominiums.


CPF GRANTS BENEFITS

You may qualify for CPF Housing Grants, which can help with some of the cost, if
you purchase an executive condo during the HDB EC launch. For ECs, the two
different kinds of grants available are family grant and half – housing grant

the good news is that you can still receive “half” of the cpf grant in the form
of the half-housing grant if you’re a first-time buyer of an executive condo
with a co-applicant who has previously received a housing subsidy. the grant
amount is as follows:

 



Source : Hdb.gov.sg


“BUYING AN EC IS LIKE BUYING A LEXUS FOR THE PRICE OF A TOYOTA COROLLA”



KHAW BOON WAN

Minister for Transport ( 2015 – 2020 )


THE TRUSTED SITE FOR SINGAPORE PROPERTY INFORMATION

EMAIL

Info@propertyinfo.sg

PHONE NUMBER

69097778

Info@propertyinfo.sg
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