Turning Point in Sight for Perth?

Perth City Skyline

We visited Perth in Mid-February as part of our continuing efforts to source for good investment opportunities. The market is clearly still struggling to recover. However, some sparks of life have emerged. Its economy seems to be on the mend, its apartment sector seems to be stabilising and industry participants are generally more optimistic that the worst is behind us. The apartment sector seems poised for a recovery, which presents investors with an opening for investments into selective locations. Read the report for our detailed analysis.

Click here for the full report: FundPlaces_Perth Apartment Market Update (Mar 2017)

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Singapore: Government Eases On Seller Stamp Duty, Relaxes TDSR Rule For Retirees Needing Cash Loans

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(Source: The Straits Times, 10th March 2017)  Certain residential property measures related to the sellers’ stamp duty (SSD) as well as the total debt servicing ratio framework (TDSR) has been relaxed. However, there would still be no change to the additional buyers’ stamp duty (ABSD) charge, as well as the loan-to-valuation (LTV) limits.

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Singapore: Development Charges Increased For Three Property Market Sectors

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(Source: The Straits Times, 1st March 2017)  Development charges (DC) for three segments of the real estate sector in Singapore have been increased on the back of strong investment interest and an upturn in property market sentiment. The DC rates for commercial, non-landed residential, and hotel or hospital uses have increased following increases in the last review as well.

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